Simulations Plus Inc (SLP)

Net profit margin

		Aug 31, 2024	May 31, 2024	Feb 29, 2024	Nov 30, 2023	Aug 31, 2023	May 31, 2023	Feb 28, 2023	Nov 30, 2022	Aug 31, 2022	May 31, 2022	Feb 28, 2022	Nov 30, 2021	Aug 31, 2021	May 31, 2021	Feb 28, 2021	Nov 30, 2020	Aug 31, 2020	May 31, 2020	Feb 29, 2020	Nov 30, 2019
Net income (ttm)	US$ in thousands	9,954	9,645	10,516	10,661	9,961	10,388	10,467	10,702	12,483	11,827	11,527	10,329	9,782	11,665	10,814	9,753	9,332	9,203	9,156	9,105
Revenue (ttm)	US$ in thousands	72,188	68,509	64,668	62,113	59,577	55,682	54,407	53,453	53,906	52,013	49,831	48,182	46,466	46,165	45,686	42,889	41,589	40,075	37,714	35,836
Net profit margin		13.79%	14.08%	16.26%	17.16%	16.72%	18.66%	19.24%	20.02%	23.16%	22.74%	23.13%	21.44%	21.05%	25.27%	23.67%	22.74%	22.44%	22.96%	24.28%	25.41%

August 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $9,954K ÷ $72,188K
= 13.79%

The net profit margin of Simulations Plus Inc has shown fluctuations over the past few quarters. It ranged from a low of 13.79% in August 31, 2024, to a high of 25.41% in May 31, 2020. Generally, the company's net profit margin has been relatively healthy, staying above 20% for most periods, indicating strong profitability. The margin peaked at 25.41% in May 31, 2020, but has since shown a downward trend, reaching 13.79% in the latest period of August 31, 2024. This decreasing trend may warrant further investigation to understand the factors impacting profitability and assess the company's performance going forward.