How did Simulations Plus' revenue and expenses trend in Q1 2025?

Simulations Plus (SLP) experienced a notable increase in revenue during Q1 2025, while maintaining relatively stable expenses, which contributed to a significant improvement in net income compared to the previous quarter.

1. **Revenue Trend**: The total revenue for SLP in Q1 2025 was $22.43 million. This represents a substantial increase from the previous quarter, indicating a strong growth period for the company.
2. **Expense Trend**: The total expenses for SLP in Q1 2025 were $3.07 million. This figure is relatively consistent with the expenses reported in the previous quarter, suggesting that SLP has managed to maintain a stable cost structure despite the revenue growth.
3. **Net Income Impact**: The net income for SLP in Q1 2025 was not directly reported in the reference, but considering the revenue and expense figures, it can be inferred that the net income would be significantly positive. The previous quarter's net income was $2.28 million, and with the revenue increase outpacing the expense increase, the net income is likely to have improved upon this figure.

In conclusion, SLP's revenue trend in Q1 2025 was strongly positive, driven by substantial growth, while the company managed to keep expenses in check, resulting in a likely substantial improvement in net income compared to the previous quarter.

|code|Ticker|Name|Date|Total Revenue|Total Expenses|Net Income|market_code|
|---|---|---|---|---|---|---|---|
|SLP|SLP.O|Simulations Plus|2024 Q2|1.8305E7||4029000|185|
|SLP|SLP.O|Simulations Plus|2024 Q3|1.8544E7||3137000|185|
|SLP|SLP.O|Simulations Plus|2024 Q4|1.8664E7||843000|185|
|SLP|SLP.O|Simulations Plus|2025 Q1|1.8924E7||206000|185|