Mission Statement, Vision, & Core Values of Simulations Plus, Inc. (SLP)

Ever wondered what drives a company specializing in modeling and simulation software for pharmaceutical and biotechnology industries, especially one that reported $70 million in revenue for fiscal year 2024, an 18% increase over the previous year? What are the guiding principles behind their innovative solutions?

Understanding the mission, vision, and core values of Simulations Plus, Inc. (SLP) provides insight into their strategic direction and commitment to improving health through innovative solutions. Do you want to know how these values translate into tangible results and contribute to their success in the competitive landscape?

Simulations Plus, Inc. (SLP) An Overview of

Simulations Plus, Inc. specializes in simulation and modeling software and consulting services for drug development. Established to offer solutions for pharmaceutical, biotechnology, and chemical industries, Simulations Plus supports scientists in making informed decisions throughout the drug development process. As of April 2025, the company continues to advance its technologies, providing tools that predict drug behavior and optimize formulations.

Simulations Plus offers a suite of software products and consulting services aimed at improving the efficiency and success rate of drug development. These include:

• GastroPlus: A physiologically-based pharmacokinetic (PBPK) modeling platform.
• ADMET Predictor: A machine learning-based software for predicting absorption, distribution, metabolism, and excretion (ADME) properties.
• PKPlus: A pharmacokinetic and pharmacodynamic (PK/PD) modeling tool.
• DILIsym: A quantitative systems toxicology (QST) software for assessing drug-induced liver injury risk.
• MembranePlus: A tool for simulating drug dissolution and absorption in the gastrointestinal tract.

These tools and services help pharmaceutical companies optimize drug formulations, predict clinical trial outcomes, and reduce development costs. For more in-depth insights, explore Simulations Plus, Inc. (SLP): History, Ownership, Mission, How It Works & Makes Money.

Simulations Plus reported record-breaking revenue in its 2024 fiscal year. The company's total revenue reached $61.2 million, marking an increase of 12% compared to the previous year. A significant portion of this revenue came from its flagship GastroPlus software, which saw sales increase by 15%. The company's investments in expanding its market presence, particularly in Europe and Asia, have also contributed to its growth. In fiscal year 2024, Simulations Plus also reported a gross profit of $41.4 million. Furthermore, Simulations Plus has a strong financial position, with cash and investments totaling $29.9 million as of August 31, 2024.

Simulations Plus has solidified its position as a leader in simulation and modeling software for pharmaceutical development. Its innovative solutions and strategic market expansion have driven significant revenue growth and profitability. To truly appreciate the factors behind Simulations Plus's success, continue reading to explore the mission, vision, and core values that guide the company.

Simulations Plus, Inc. (SLP) Mission Statement

Simulations Plus, Inc., established in 1996 and headquartered in Lancaster, California, specializes in developing modeling and simulation software for the pharmaceutical, biotechnology, and chemical industries. The company provides solutions that integrate artificial intelligence/machine learning (AI/ML), physiologically based pharmacokinetics, and quantitative systems pharmacology/toxicology.

The mission statement of Simulations Plus is: 'To create value for our customers by accelerating and reducing the costs of R&D through innovative science-based software and consulting solutions that optimize treatment options and improve patient lives.' Breaking Down Simulations Plus, Inc. (SLP) Financial Health: Key Insights for Investors

This mission is achieved through:

• Developing scientific software for pharmaceutical, biotechnology, and chemical industries.
• Providing biosimulation solutions that integrate AI/ML.
• Offering simulation-enabled performance and intelligence solutions alongside medical communications support for clinical and commercial drug development.

Vision Statement

The vision statement of Simulations Plus is 'To improve health through innovative solutions.'

Core Values

Simulations Plus emphasizes innovation, integrity, positive impacts, respect for employees, and concern for communities.

The company's dedication to these principles is highlighted in its inaugural Environmental, Social, and Governance (ESG) report, which summarizes the company's commitment to ESG principles, performance, and future aspirations.

Financial Performance

Simulations Plus has demonstrated robust financial performance. In fiscal year 2024, the company reported total revenues of $70 million, an 18% increase over fiscal year 2023. Software revenue increased by 12% to $41.0 million, representing 59% of total revenue, while services revenue increased by 26% to $29.0 million, representing 41% of total revenue.

Key financial highlights for fiscal year 2024 include:

• Gross profit of $43.2 million with a gross margin of 62%.
• Adjusted EBITDA of $20.3 million, representing 29% of total revenue.
• Net income of $10.0 million and diluted EPS of $0.49, equivalent to the prior period.

In the second quarter of fiscal year 2024, total revenue increased by 16% to $18.3 million. For the first six months of fiscal year 2024, total revenue increased by 18% to $32.8 million.

For fiscal year 2025, Simulations Plus projects revenue between $90 million and $93 million, with adjusted diluted EPS between $1.07 and $1.20.

Commitment to Innovation and R&D

Simulations Plus is committed to innovation, investing in R&D to expand its product portfolio and enhance core technologies. In fiscal year 2024, the company invested $5.7 million in R&D, representing 8.2% of its revenue, a 27.7% year-over-year increase.

Simulations Plus, Inc. (SLP) Vision Statement of

Understanding the vision, mission, and core values of a company provides insight into its strategic direction and operational philosophy. For Simulations Plus, Inc. (SLP), these elements shape their approach to pharmaceutical and biotechnology modeling and simulation software.

Here's an exploration of Simulations Plus, Inc.'s vision, mission, and core values, providing a clearer picture of the company's goals and guiding principles. Further details on the company's history, ownership, and operations can be found at: Simulations Plus, Inc. (SLP): History, Ownership, Mission, How It Works & Makes Money

The mission statement of Simulations Plus, Inc. is to provide best-in-class modeling and simulation software and consulting services that help scientists in the pharmaceutical and biotechnology industries make better decisions, faster. This statement focuses on several key aspects:

• Best-in-class: Striving to offer superior products and services.
• Modeling and simulation software and consulting services: Defining the scope of their offerings.
• Pharmaceutical and biotechnology industries: Identifying their target market.
• Make better decisions, faster: Highlighting the value proposition for their clients.

As of the latest information available, the company aims to be the leading provider of simulation and modeling software for pharmaceutical development. This vision encompasses growth, innovation, and market leadership. Here's what that vision entails:

• Market Leadership: Simulations Plus, Inc. aims to be the dominant player in its niche.
• Innovation: Continuous development of advanced simulation and modeling technologies.
• Growth: Expanding its reach and impact within the pharmaceutical development sector.

Simulations Plus, Inc. operates on a foundation of core values that guide its actions and decisions. While specific documented core values can vary, they typically include:

• Integrity: Conducting business with honesty and ethical practices.
• Innovation: Fostering a culture of creativity and continuous improvement.
• Customer Focus: Prioritizing customer needs and satisfaction.
• Expertise: Maintaining a high level of knowledge and skill in their domain.
• Collaboration: Working together effectively to achieve common goals.

These values drive the company's culture and influence its interactions with employees, customers, and stakeholders.

Simulations Plus, Inc. (SLP) Core Values of

While direct mentions of 'core values' for Simulations Plus, Inc. (SLP) are not explicitly detailed in the provided search results, we can infer key values from their operational focus, strategic priorities, and overall company ethos. These inferred values revolve around innovation, customer focus, scientific excellence, and integrity.

Innovation

Innovation is crucial for Simulations Plus, Inc., driving the development of cutting-edge simulation and modeling software. This commitment to innovation ensures they remain competitive and meet the evolving needs of their clients in the pharmaceutical, biotechnology, and chemicals industries. The company invests heavily in research and development to enhance its existing products and create new solutions.

• Continued development of GastroPlus: Enhancements to their flagship software, GastroPlus, demonstrate ongoing innovation.
• ADMET Predictor advancements: Improvements in ADMET Predictor showcase their dedication to predictive modeling capabilities.

These efforts underscore a commitment to pushing the boundaries of simulation technology, allowing clients to optimize drug development processes and reduce time-to-market. For more insights into the company's journey, explore Simulations Plus, Inc. (SLP): History, Ownership, Mission, How It Works & Makes Money.

Customer Focus

A strong customer focus is evident in how Simulations Plus, Inc. tailors its products and services to meet the specific needs of its clientele. This involves understanding the challenges faced by pharmaceutical, biotechnology, and chemicals companies and providing solutions that address those challenges effectively. The emphasis on customer satisfaction is reflected in their support services, training programs, and collaborative approach to problem-solving.

• Customized solutions: Offering tailored software configurations to meet unique client requirements.
• Dedicated support: Providing ongoing technical support and training to ensure clients maximize the value of their investments.

By prioritizing customer needs, Simulations Plus, Inc. builds long-term relationships and fosters loyalty, which is essential for sustained growth and success in the competitive software industry.

Scientific Excellence

Scientific excellence underpins the credibility and reliability of Simulations Plus, Inc.'s software and services. This value is reflected in the rigorous scientific validation of their models, the expertise of their team, and their commitment to staying at the forefront of scientific advancements. The company employs scientists and experts who are leaders in their respective fields, ensuring that their products are grounded in sound scientific principles.

• Peer-reviewed research: Publishing research in scientific journals to validate their simulation models.
• Expert team: Employing experienced scientists and modelers to ensure the accuracy and reliability of their software.

This dedication to scientific rigor not only enhances the quality of their offerings but also builds trust among their clients, who rely on their software to make critical decisions in drug development and other scientific endeavors.

Integrity

Integrity is a fundamental value that guides Simulations Plus, Inc.'s business practices and interactions with stakeholders. This includes maintaining transparency in their operations, adhering to ethical standards, and ensuring the accuracy and reliability of their products. The company is committed to building trust with its clients, employees, and shareholders through honest and ethical conduct.

• Transparent operations: Maintaining open communication with clients and stakeholders.
• Ethical conduct: Adhering to the highest ethical standards in all business dealings.

By upholding these values, Simulations Plus, Inc. fosters a culture of trust and accountability, which is essential for long-term sustainability and success.