<SEC-DOCUMENT>0001085146-25-000130.txt : 20250110
<SEC-HEADER>0001085146-25-000130.hdr.sgml : 20250110
<ACCEPTANCE-DATETIME>20250110131107
ACCESSION NUMBER:		0001085146-25-000130
CONFORMED SUBMISSION TYPE:	SCHEDULE 13G
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20250110

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Simulations Plus, Inc.
		CENTRAL INDEX KEY:			0001023459
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373]
		ORGANIZATION NAME:           	06 Technology
		IRS NUMBER:				954595609
		FISCAL YEAR END:			0831

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-83764
		FILM NUMBER:		25522020

	BUSINESS ADDRESS:	
		STREET 1:		800 PARK OFFICES DRIVE, SUITE 401
		CITY:			RESEARCH TRIANGLE PARK
		STATE:			NC
		ZIP:			27709
		BUSINESS PHONE:		661-723-7723

	MAIL ADDRESS:	
		STREET 1:		800 PARK OFFICES DRIVE, SUITE 401
		CITY:			RESEARCH TRIANGLE PARK
		STATE:			NC
		ZIP:			27709

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SIMULATIONS PLUS INC
		DATE OF NAME CHANGE:	19960923

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Conestoga Capital Advisors, LLC
		CENTRAL INDEX KEY:			0001163744
		ORGANIZATION NAME:           	
		IRS NUMBER:				233072906
		STATE OF INCORPORATION:			DE

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G

	BUSINESS ADDRESS:	
		STREET 1:		550 E. SWEDESFORD ROAD
		STREET 2:		SUITE 120
		CITY:			WAYNE
		STATE:			PA
		ZIP:			19087
		BUSINESS PHONE:		484-654-1380

	MAIL ADDRESS:	
		STREET 1:		550 E. SWEDESFORD ROAD
		STREET 2:		SUITE 120
		CITY:			WAYNE
		STATE:			PA
		ZIP:			19087

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CONESTOGA CAPITAL ADVISORS LLC
		DATE OF NAME CHANGE:	20011217
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13G
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
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<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>SCHEDULE 13G</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <!-- Field: Pseudo-Tag; ID: Name; Data: Conestoga Capital Advisors, LLC -->
          <cik>0001163744</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>12/31/2024</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0001023459</issuerCik>
        <issuerName>Simulations Plus, Inc.</issuerName>
        <issuerCusip>829214105</issuerCusip>
        <issuerPrincipalExecutiveOfficeAddress>
          <com:street1>42505 10th Street West</com:street1>
          <com:city>Lancaster</com:city>
          <com:stateOrCountry>CA</com:stateOrCountry>
          <com:zipCode>93534-7059</com:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(b)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>Conestoga Capital Advisors</reportingPersonName>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>2226261.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>2398875.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>2398875.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>11.95</classPercent>
      <typeOfReportingPerson>IA</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>CONESTOGA FUNDS</reportingPersonName>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>1579380.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>1579380.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>1579380.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>7.87</classPercent>
      <typeOfReportingPerson>IV</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>Simulations Plus, Inc.</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>42505 10th Street West Lancaster, CALIFORNIA 93534-7059</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>Conestoga Capital Advisors

CONESTOGA FUNDS</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>550 E. SWEDESFORD ROAD
SUITE 120
WAYNE, Pennsylvania
19087</principalBusinessOfficeOrResidenceAddress>
        <citizenship>Conestoga Capital Advisors - DELAWARE

CONESTOGA FUNDS - DELAWARE</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>N</notApplicableFlag>
        <typeOfPersonFiling>IV</typeOfPersonFiling>
        <typeOfPersonFiling>IA</typeOfPersonFiling>
      </item3>
      <item4>
        <amountBeneficiallyOwned>Conestoga Capital Advisors 2,398,875
Conestoga Small Cap Fund 1,579,380</amountBeneficiallyOwned>
        <classPercent>11.95</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>Conestoga Capital Advisors - 2226261

CONESTOGA FUNDS - 1579380</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>Conestoga Capital Advisors - 0

CONESTOGA FUNDS - 0</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>Conestoga Capital Advisors - 2398875

CONESTOGA FUNDS - 1579380</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>Conestoga Capital Advisors - 0

CONESTOGA FUNDS - 0</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>Y</notApplicableFlag>
      </item5>
      <item6>
        <notApplicableFlag>Y</notApplicableFlag>
      </item6>
      <item7>
        <notApplicableFlag>Y</notApplicableFlag>
      </item7>
      <item8>
        <notApplicableFlag>Y</notApplicableFlag>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>N</notApplicableFlag>
        <certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.</certifications>
      </item10>
    </items>
    <signatureInformation>
      <reportingPersonName>Conestoga Capital Advisors</reportingPersonName>
      <signatureDetails>
        <signature>Duane R. D'Orazio</signature>
        <title>Managing Partner</title>
        <date>01/09/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>CONESTOGA FUNDS</reportingPersonName>
      <signatureDetails>
        <signature>Duane R. D'Orazio</signature>
        <title>Managing Partner</title>
        <date>01/09/2025</date>
      </signatureDetails>
    </signatureInformation>
  </formData>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
