vs

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

MOGU Inc. is the larger business by last-quarter revenue ($19.5M vs $18.4M, roughly 1.1× Simulations Plus, Inc.). Simulations Plus, Inc. runs the higher net margin — 3.7% vs -44.3%, a 48.0% gap on every dollar of revenue. On growth, Simulations Plus, Inc. posted the faster year-over-year revenue change (-2.7% vs -12.4%).

Mogu Mogu is a brand of fruit-flavoured drink with pieces of nata de coco, produced by Thailand-based Sappe Public Company Limited and exported to many international markets, especially South Korea, the Philippines, Indonesia and France.

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.

MOGU vs SLP — Head-to-Head

Bigger by revenue
MOGU
MOGU
1.1× larger
MOGU
$19.5M
$18.4M
SLP
Growing faster (revenue YoY)
SLP
SLP
+9.7% gap
SLP
-2.7%
-12.4%
MOGU
Higher net margin
SLP
SLP
48.0% more per $
SLP
3.7%
-44.3%
MOGU

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
MOGU
MOGU
SLP
SLP
Revenue
$19.5M
$18.4M
Net Profit
$-8.6M
$676.0K
Gross Margin
0.0%
59.1%
Operating Margin
-71.6%
3.9%
Net Margin
-44.3%
3.7%
Revenue YoY
-12.4%
-2.7%
Net Profit YoY
-5.0%
228.2%
EPS (diluted)
$0.00
$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
MOGU
MOGU
SLP
SLP
Q4 25
$18.4M
Q3 25
$17.5M
Q2 25
$20.4M
Q1 25
$19.5M
$22.4M
Q4 24
$18.9M
Q3 24
$18.7M
Q2 24
$18.5M
Q1 24
$22.2M
$18.3M
Net Profit
MOGU
MOGU
SLP
SLP
Q4 25
$676.0K
Q3 25
$-681.0K
Q2 25
$-67.3M
Q1 25
$-8.6M
$3.1M
Q4 24
$206.0K
Q3 24
$843.0K
Q2 24
$3.1M
Q1 24
$-8.2M
$4.0M
Gross Margin
MOGU
MOGU
SLP
SLP
Q4 25
59.1%
Q3 25
56.4%
Q2 25
64.0%
Q1 25
0.0%
58.5%
Q4 24
54.0%
Q3 24
36.6%
Q2 24
71.5%
Q1 24
0.0%
72.2%
Operating Margin
MOGU
MOGU
SLP
SLP
Q4 25
3.9%
Q3 25
3.8%
Q2 25
-364.5%
Q1 25
-71.6%
12.1%
Q4 24
0.7%
Q3 24
-6.2%
Q2 24
10.1%
Q1 24
-49.4%
24.3%
Net Margin
MOGU
MOGU
SLP
SLP
Q4 25
3.7%
Q3 25
-3.9%
Q2 25
-330.6%
Q1 25
-44.3%
13.7%
Q4 24
1.1%
Q3 24
4.5%
Q2 24
16.9%
Q1 24
-37.0%
22.0%
EPS (diluted)
MOGU
MOGU
SLP
SLP
Q4 25
$0.03
Q3 25
$-0.03
Q2 25
$-3.35
Q1 25
$0.00
$0.15
Q4 24
$0.01
Q3 24
$0.04
Q2 24
$0.15
Q1 24
$0.00
$0.20

Balance Sheet & Financial Strength

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

Metric
MOGU
MOGU
SLP
SLP
Cash + ST InvestmentsLiquidity on hand
$52.3M
$35.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$70.1M
$127.1M
Total Assets
$118.3M
$137.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MOGU
MOGU
SLP
SLP
Q4 25
$35.7M
Q3 25
$32.4M
Q2 25
$28.4M
Q1 25
$52.3M
$21.4M
Q4 24
$18.2M
Q3 24
$20.3M
Q2 24
$119.0M
Q1 24
$58.2M
$108.5M
Stockholders' Equity
MOGU
MOGU
SLP
SLP
Q4 25
$127.1M
Q3 25
$124.8M
Q2 25
$123.8M
Q1 25
$70.1M
$189.5M
Q4 24
$184.7M
Q3 24
$182.4M
Q2 24
$180.9M
Q1 24
$81.5M
$177.0M
Total Assets
MOGU
MOGU
SLP
SLP
Q4 25
$137.8M
Q3 25
$131.9M
Q2 25
$134.4M
Q1 25
$118.3M
$201.4M
Q4 24
$196.9M
Q3 24
$196.6M
Q2 24
$192.7M
Q1 24
$130.0M
$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
MOGU
MOGU
SLP
SLP
Operating Cash FlowLast quarter
$-9.4M
$4.2M
Free Cash FlowOCF − Capex
$-10.7M
FCF MarginFCF / Revenue
-55.2%
Capex IntensityCapex / Revenue
7.1%
0.0%
Cash ConversionOCF / Net Profit
6.26×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MOGU
MOGU
SLP
SLP
Q4 25
$4.2M
Q3 25
$5.6M
Q2 25
$8.1M
Q1 25
$-9.4M
$5.7M
Q4 24
$-1.3M
Q3 24
$1.7M
Q2 24
$5.7M
Q1 24
$-5.6M
$5.8M
Free Cash Flow
MOGU
MOGU
SLP
SLP
Q4 25
Q3 25
$5.3M
Q2 25
$7.8M
Q1 25
$-10.7M
$5.6M
Q4 24
$-1.4M
Q3 24
$1.6M
Q2 24
$5.6M
Q1 24
$-18.6M
$5.4M
FCF Margin
MOGU
MOGU
SLP
SLP
Q4 25
Q3 25
30.5%
Q2 25
38.5%
Q1 25
-55.2%
25.0%
Q4 24
-7.2%
Q3 24
8.8%
Q2 24
30.0%
Q1 24
-84.0%
29.4%
Capex Intensity
MOGU
MOGU
SLP
SLP
Q4 25
0.0%
Q3 25
1.5%
Q2 25
1.5%
Q1 25
7.1%
0.3%
Q4 24
0.5%
Q3 24
0.1%
Q2 24
0.6%
Q1 24
58.7%
2.4%
Cash Conversion
MOGU
MOGU
SLP
SLP
Q4 25
6.26×
Q3 25
Q2 25
Q1 25
1.84×
Q4 24
-6.18×
Q3 24
1.97×
Q2 24
1.81×
Q1 24
1.44×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MOGU
MOGU

Segment breakdown not available.

SLP
SLP

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

Related Comparisons