Simulations Plus Inc (SLP)
Pretax margin
| Aug 31, 2024 | Aug 31, 2023 | Aug 31, 2022 | Aug 31, 2021 | Aug 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 12,411 | 11,695 | 15,115 | 11,085 | 11,387 |
| Revenue | US$ in thousands | 74,774 | 59,577 | 53,906 | 46,466 | 41,589 |
| Pretax margin | 16.60% | 19.63% | 28.04% | 23.86% | 27.38% |
August 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $12,411K ÷ $74,774K
= 16.60%
The pretax margin of Simulations Plus Inc has exhibited some variability over the past five years, ranging from a high of 28.04% in 2022 to a low of 16.60% in 2024. This measure represents the company's ability to generate profits before accounting for taxes relative to its total revenue.
The downward trend observed from 2022 to 2024 may indicate potential challenges in controlling costs or optimizing revenue streams. Conversely, the higher pretax margins seen in 2022 and 2020 suggest strong operational efficiency and profitability during those periods.
Overall, further analysis of the company's cost structure, revenue sources, and operational efficiency would be beneficial in understanding the factors driving the fluctuations in Simulations Plus Inc's pretax margin.
Peer comparison
Aug 31, 2024