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Side-by-side financial comparison of Canterbury Park Holding Corp (CPHC) and Simulations Plus, Inc. (SLP). Click either name above to swap in a different company.

Simulations Plus, Inc. is the larger business by last-quarter revenue ($18.4M vs $12.4M, roughly 1.5× Canterbury Park Holding Corp). Simulations Plus, Inc. runs the higher net margin — 3.7% vs -3.1%, a 6.8% gap on every dollar of revenue. On growth, Canterbury Park Holding Corp posted the faster year-over-year revenue change (3.9% vs -2.7%). Over the past eight quarters, Simulations Plus, Inc.'s revenue compounded faster (0.3% CAGR vs -6.0%).

Canterbury Park, is a horse racing track in Shakopee, Minnesota, United States. Canterbury Park Holding Corporation hosts parimutuel wagering on live thoroughbred and quarter horse racing at its facilities in Shakopee and parimutuel wagering on races held at out-of-state racetracks that are simulcast to the racetrack. In addition, the Canterbury Park Card Casino operates 24 hours a day, seven days a week, and is also regulated by the Minnesota Racing Commission. Casino games include blackjack...

Simulations Plus, Inc. develops absorption, distribution, metabolism, excretion, and toxicity (ADMET) modeling and simulation software for the pharmaceutical and biotechnology, industrial chemicals, cosmetics, food ingredients, and herbicide industries. In September 2014, the company acquired Cognigen Corporation, a provider of clinical trial data analysis and consulting services.

CPHC vs SLP — Head-to-Head

Bigger by revenue
SLP
SLP
1.5× larger
SLP
$18.4M
$12.4M
CPHC
Growing faster (revenue YoY)
CPHC
CPHC
+6.6% gap
CPHC
3.9%
-2.7%
SLP
Higher net margin
SLP
SLP
6.8% more per $
SLP
3.7%
-3.1%
CPHC
Faster 2-yr revenue CAGR
SLP
SLP
Annualised
SLP
0.3%
-6.0%
CPHC

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CPHC
CPHC
SLP
SLP
Revenue
$12.4M
$18.4M
Net Profit
$-390.1K
$676.0K
Gross Margin
59.1%
Operating Margin
2.6%
3.9%
Net Margin
-3.1%
3.7%
Revenue YoY
3.9%
-2.7%
Net Profit YoY
68.7%
228.2%
EPS (diluted)
$-0.08
$0.03

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CPHC
CPHC
SLP
SLP
Q4 25
$12.4M
$18.4M
Q3 25
$18.3M
$17.5M
Q2 25
$15.7M
$20.4M
Q1 25
$13.1M
$22.4M
Q4 24
$12.0M
$18.9M
Q3 24
$19.3M
$18.7M
Q2 24
$16.2M
$18.5M
Q1 24
$14.1M
$18.3M
Net Profit
CPHC
CPHC
SLP
SLP
Q4 25
$-390.1K
$676.0K
Q3 25
$487.3K
$-681.0K
Q2 25
$-327.4K
$-67.3M
Q1 25
$-299.2K
$3.1M
Q4 24
$-1.2M
$206.0K
Q3 24
$2.0M
$843.0K
Q2 24
$338.3K
$3.1M
Q1 24
$998.2K
$4.0M
Gross Margin
CPHC
CPHC
SLP
SLP
Q4 25
59.1%
Q3 25
56.4%
Q2 25
64.0%
Q1 25
58.5%
Q4 24
54.0%
Q3 24
36.6%
Q2 24
71.5%
Q1 24
72.2%
Operating Margin
CPHC
CPHC
SLP
SLP
Q4 25
2.6%
3.9%
Q3 25
5.7%
3.8%
Q2 25
2.8%
-364.5%
Q1 25
4.9%
12.1%
Q4 24
-0.8%
0.7%
Q3 24
18.9%
-6.2%
Q2 24
6.9%
10.1%
Q1 24
12.5%
24.3%
Net Margin
CPHC
CPHC
SLP
SLP
Q4 25
-3.1%
3.7%
Q3 25
2.7%
-3.9%
Q2 25
-2.1%
-330.6%
Q1 25
-2.3%
13.7%
Q4 24
-10.4%
1.1%
Q3 24
10.5%
4.5%
Q2 24
2.1%
16.9%
Q1 24
7.1%
22.0%
EPS (diluted)
CPHC
CPHC
SLP
SLP
Q4 25
$-0.08
$0.03
Q3 25
$0.10
$-0.03
Q2 25
$-0.06
$-3.35
Q1 25
$-0.06
$0.15
Q4 24
$-0.25
$0.01
Q3 24
$0.40
$0.04
Q2 24
$0.07
$0.15
Q1 24
$0.20
$0.20

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CPHC
CPHC
SLP
SLP
Cash + ST InvestmentsLiquidity on hand
$17.1M
$35.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$83.9M
$127.1M
Total Assets
$112.6M
$137.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CPHC
CPHC
SLP
SLP
Q4 25
$17.1M
$35.7M
Q3 25
$16.7M
$32.4M
Q2 25
$16.9M
$28.4M
Q1 25
$15.4M
$21.4M
Q4 24
$15.1M
$18.2M
Q3 24
$21.7M
$20.3M
Q2 24
$23.8M
$119.0M
Q1 24
$25.2M
$108.5M
Stockholders' Equity
CPHC
CPHC
SLP
SLP
Q4 25
$83.9M
$127.1M
Q3 25
$84.1M
$124.8M
Q2 25
$83.6M
$123.8M
Q1 25
$83.7M
$189.5M
Q4 24
$84.1M
$184.7M
Q3 24
$85.2M
$182.4M
Q2 24
$83.2M
$180.9M
Q1 24
$82.7M
$177.0M
Total Assets
CPHC
CPHC
SLP
SLP
Q4 25
$112.6M
$137.8M
Q3 25
$114.4M
$131.9M
Q2 25
$114.9M
$134.4M
Q1 25
$112.4M
$201.4M
Q4 24
$109.9M
$196.9M
Q3 24
$114.2M
$196.6M
Q2 24
$111.4M
$192.7M
Q1 24
$105.6M
$194.0M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CPHC
CPHC
SLP
SLP
Operating Cash FlowLast quarter
$-103.4K
$4.2M
Free Cash FlowOCF − Capex
$-611.3K
FCF MarginFCF / Revenue
-4.9%
Capex IntensityCapex / Revenue
4.1%
0.0%
Cash ConversionOCF / Net Profit
6.26×
TTM Free Cash FlowTrailing 4 quarters
$4.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CPHC
CPHC
SLP
SLP
Q4 25
$-103.4K
$4.2M
Q3 25
$1.2M
$5.6M
Q2 25
$4.4M
$8.1M
Q1 25
$3.4M
$5.7M
Q4 24
$-2.8M
$-1.3M
Q3 24
$2.3M
$1.7M
Q2 24
$5.4M
$5.7M
Q1 24
$1.6M
$5.8M
Free Cash Flow
CPHC
CPHC
SLP
SLP
Q4 25
$-611.3K
Q3 25
$-395.3K
$5.3M
Q2 25
$3.2M
$7.8M
Q1 25
$2.5M
$5.6M
Q4 24
$-6.7M
$-1.4M
Q3 24
$-25
$1.6M
Q2 24
$1.8M
$5.6M
Q1 24
$-601.0K
$5.4M
FCF Margin
CPHC
CPHC
SLP
SLP
Q4 25
-4.9%
Q3 25
-2.2%
30.5%
Q2 25
20.5%
38.5%
Q1 25
19.1%
25.0%
Q4 24
-55.9%
-7.2%
Q3 24
-0.0%
8.8%
Q2 24
11.1%
30.0%
Q1 24
-4.3%
29.4%
Capex Intensity
CPHC
CPHC
SLP
SLP
Q4 25
4.1%
0.0%
Q3 25
9.0%
1.5%
Q2 25
7.5%
1.5%
Q1 25
6.5%
0.3%
Q4 24
32.6%
0.5%
Q3 24
11.8%
0.1%
Q2 24
22.2%
0.6%
Q1 24
15.7%
2.4%
Cash Conversion
CPHC
CPHC
SLP
SLP
Q4 25
6.26×
Q3 25
2.56×
Q2 25
Q1 25
1.84×
Q4 24
-6.18×
Q3 24
1.12×
1.97×
Q2 24
15.95×
1.81×
Q1 24
1.62×
1.44×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CPHC
CPHC

Casino$9.5M76%
Other$1.9M15%
Food And Beverage$1.0M8%

SLP
SLP

Services Segment$9.5M52%
Development$7.2M39%
Discovery$1.3M7%

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