Financial Snapshot

Revenue
$414.9M
TTM
Gross Margin
68.8%
TTM
Net Earnings
-$82.71M
TTM
Current Assets
Q2 2023
Current Liabilities
Q2 2023
Current Ratio
190.19%
Q2 2023
Total Assets
Q2 2023
Total Liabilities
Q2 2023
Book Value
-$490.1M
Q2 2023
Cash
Q2 2023
P/E
-0.0009735
Nov 29, 2024 EST
Free Cash Flow
-$152.3M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2022 2021 2020 2019 2018 2017
Revenue $470.7M $637.6M $656.8M $750.4M $423.2M $146.0M
YoY Change -26.17% -2.92% -12.48% 77.31% 189.98%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2022 2021 2020 2019 2018 2017
Revenue $470.7M $637.6M $656.8M $750.4M $423.2M $146.0M
Cost Of Revenue $142.9M $177.6M $206.9M $178.4M $134.0M $64.01M
Gross Profit $327.9M $460.0M $449.9M $572.0M $289.3M $81.94M
Gross Profit Margin 69.65% 72.15% 68.51% 76.23% 68.35% 56.14%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2022 2021 2020 2019 2018 2017
Selling, General & Admin $569.0M $714.0M $634.9M $1.062B $334.8M $112.4M
YoY Change -20.31% 12.46% -40.23% 217.28% 197.77%
% of Gross Profit 173.56% 155.22% 141.11% 185.71% 115.75% 137.22%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $74.40M $70.11M $56.39M $27.34M $8.861M $2.513M
YoY Change 6.11% 24.34% 106.28% 208.5% 252.61%
% of Gross Profit 22.69% 15.24% 12.53% 4.78% 3.06% 3.07%
Operating Expenses $569.0M $714.0M $634.9M $1.062B $334.8M $112.4M
YoY Change -20.31% 12.46% -40.23% 217.28% 197.77%
Operating Profit -$262.1M -$259.3M -$217.5M -$490.3M -$45.56M -$30.50M
YoY Change 1.09% 19.23% -55.64% 976.17% 49.36%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2022 2021 2020 2019 2018 2017
Interest Expense -$17.96M -$23.15M -$45.00M -$15.70M -$13.70M -$2.100M
YoY Change -22.43% -48.55% 186.62% 14.6% 552.38%
% of Operating Profit
Other Income/Expense, Net $1.579M -$4.313M $878.0K $142.0K -$15.15M $0.00
YoY Change -136.61% -591.23% 518.31% -100.94%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2022 2021 2020 2019 2018 2017
Pretax Income -$265.4M -$320.9M -$269.2M -$532.4M -$51.22M -$32.65M
YoY Change -17.29% 19.19% -49.43% 939.32% 56.89%
Income Tax -$642.0K $1.268M $3.122M $2.268M $361.0K $128.0K
% Of Pretax Income
Net Earnings -$86.40M -$102.4M -$78.37M -$114.5M -$74.77M -$32.78M
YoY Change -15.66% 30.72% -31.57% 53.15% 128.11%
Net Earnings / Revenue -18.35% -16.07% -11.93% -15.26% -17.67% -22.46%
Basic Earnings Per Share -$0.71 -$0.87 -$0.71
Diluted Earnings Per Share -$0.71 -$0.87 -$0.72 -$299.1K -$193.4K -$84.82K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2022 2021 2020 2019 2018 2017
Cash & Short-Term Investments $93.12M $224.9M $316.7M $318.5M $313.9M $4.100M
YoY Change -58.59% -29.0% -0.57% 1.47% 7556.1%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $16.83M $17.52M $12.80M $14.20M $5.700M $2.400M
YoY Change -3.93% 36.87% -9.86% 149.12% 137.5%
Inventory $44.39M $40.80M $29.20M $18.40M $8.800M $2.700M
Prepaid Expenses
Receivables $143.1M $184.6M $222.0M $239.4M $113.9M $33.70M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $297.4M $467.7M $580.8M $590.5M $442.4M $42.90M
YoY Change -36.41% -19.47% -1.64% 33.48% 931.24%
Property, Plant & Equipment $211.2M $252.1M $221.2M $177.5M $52.60M $11.90M
YoY Change -16.22% 13.98% 24.62% 237.45% 342.02%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $5.659M $2.989M $1.000M
YoY Change 89.33% 198.9%
Other Assets $27.13M $2.878M $3.600M $4.700M
YoY Change 842.74% -20.06% -23.4%
Total Long-Term Assets $299.6M $326.8M $304.0M $295.1M $112.8M $23.50M
YoY Change -8.31% 7.51% 3.02% 161.61% 380.0%
Total Assets $597.1M $794.6M $884.8M $885.6M $555.2M $66.40M
YoY Change
Accounts Payable $30.51M $19.92M $36.80M $52.70M $25.30M $7.900M
YoY Change 53.16% -45.86% -30.17% 108.3% 220.25%
Accrued Expenses $72.27M $122.1M $107.4M $93.30M $34.90M $13.90M
YoY Change -40.79% 13.66% 15.11% 167.34% 151.08%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $11.00M $15.70M $35.40M $17.90M $15.30M
YoY Change -100.0% -29.96% -55.65% 97.77% 16.99%
Total Short-Term Liabilities $116.8M $178.2M $186.5M $206.9M $117.5M $64.30M
YoY Change -34.47% -4.43% -9.86% 76.09% 82.74%
Long-Term Debt $849.4M $730.0M $392.9M $173.2M $138.9M $35.40M
YoY Change 16.36% 85.79% 126.85% 24.69% 292.37%
Other Long-Term Liabilities $16.08M $20.70M $71.20M $47.40M $600.0K $600.0K
YoY Change -22.31% -70.93% 50.21% 7800.0% 0.0%
Total Long-Term Liabilities $865.5M $750.7M $464.1M $220.6M $139.5M $36.00M
YoY Change 15.29% 61.75% 110.38% 58.14% 287.5%
Total Liabilities $485.7M $623.1M $576.7M $552.5M $257.0M $100.3M
YoY Change -22.05% 8.04% 4.38% 114.98% 156.23%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2022 2021 2020 2019 2018 2017
Basic Shares Outstanding 121.3M shares 118.4M shares 109.9M shares 102.4M shares
Diluted Shares Outstanding 390.2M shares 387.8M shares 385.2M shares 381.9M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $80.522 Thousand

About SmileDirectClub, Inc.

SmileDirectClub, Inc. provides dental services. The company is headquartered in Nashville, Tennessee and currently employs 2,700 full-time employees. The company went IPO on 2019-09-12. Through its cutting-edge teledentistry technology and vertically integrated model, it provides clear aligner therapy and premium oral care product line. The Company’s clear aligner treatment addresses the orthodontics market. The firm offers a suite of oral care products, such as whitening kits, toothbrushes, toothpaste, and other ancillary oral care products. The firm also offers oral care market products, such as retainers, toothbrushes, toothpaste, water flosser, SmileSpa, lip balm, MoveMints, BrightOn premium whitening, and a light-emitting diode (LED) accelerator light. Its platform supports its customers and their treating doctors, and the clinical and customer care teams. The company has a network of over 125 SmileShops in the locations, as well as partnerships with over 1,000 dental practices. The company also has a network of over 200 orthodontists and general dentists.

Industry: Dental Equipment & Supplies Peers: BIOLIFE SOLUTIONS INC Bioventus Inc. RxSight, Inc. CERUS CORP Sanara MedTech Inc. ORASURE TECHNOLOGIES INC Pulmonx Corp UTAH MEDICAL PRODUCTS INC UFP TECHNOLOGIES INC