Simulations Plus(US:SLP)2022-10-27 03:35Financial Performance - FY22 - Total revenue reached $53.9 million, a 16% increase year-over-year[58] - Software revenue grew by 18% to $32.6 million[27] - Services revenue increased by 13% to $21.3 million[27] - Diluted EPS grew by 28%[5] - Adjusted EBITDA increased by 24%[6] Q4 2022 Highlights - Total revenue increased by 19% to $11.7 million[44] - Software revenue increased by 30% to $5.9 million[25] - Services revenue increased by 10% to $5.8 million[25] Software Product Performance - GastroPlus experienced a Q4 revenue decline of 8% but a full-year revenue growth of 15%[15] - MonolixSuite saw a Q4 revenue growth of 55% and a full-year revenue growth of 36%[15] - ADMET Predictor experienced a Q4 revenue growth of 14%[15] Services Performance - Services backlog increased by 22% compared to the prior year[7, 16] - PBPK services experienced a full-year revenue growth of 48%[18] - PKPD services experienced a full-year revenue growth of 9%[18] - QSP/QST services experienced a full-year revenue growth of 84%[18] FY23 Outlook - The company projects total revenue between $59.3 million and $62.0 million, representing a growth of 10% to 15%[21] - Software revenue is expected to account for 60% to 65% of total revenue[22] - Service revenue is expected to account for 35% to 40% of total revenue[23] - Diluted EPS is projected to be between $0.63 and $0.67[23]