SmileDirectClub Inc
NASDAQ:SDC
Income Statement
Earnings Waterfall
SmileDirectClub Inc
Revenue
|
414.9m
USD
|
Cost of Revenue
|
-127.5m
USD
|
Gross Profit
|
287.4m
USD
|
Operating Expenses
|
-505.2m
USD
|
Operating Income
|
-217.8m
USD
|
Other Expenses
|
135.1m
USD
|
Net Income
|
-82.7m
USD
|
Income Statement
SmileDirectClub Inc
Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||
Revenue |
146
N/A
|
197
+35%
|
283
+44%
|
348
+23%
|
423
+21%
|
533
+26%
|
622
+17%
|
682
+10%
|
750
+10%
|
769
+3%
|
681
-12%
|
669
-2%
|
657
-2%
|
660
+0%
|
727
+10%
|
696
-4%
|
638
-8%
|
590
-8%
|
541
-8%
|
511
-6%
|
471
-8%
|
439
-7%
|
415
-5%
|
|
Gross Profit | ||||||||||||||||||||||||
Cost of Revenue |
(64)
|
(84)
|
(105)
|
(119)
|
(134)
|
(155)
|
(157)
|
(163)
|
(178)
|
(189)
|
(203)
|
(212)
|
(207)
|
(195)
|
(192)
|
(182)
|
(178)
|
(173)
|
(161)
|
(154)
|
(143)
|
(133)
|
(128)
|
|
Gross Profit |
82
N/A
|
113
+38%
|
178
+57%
|
229
+29%
|
289
+26%
|
377
+30%
|
464
+23%
|
520
+12%
|
572
+10%
|
580
+1%
|
477
-18%
|
457
-4%
|
450
-2%
|
465
+3%
|
535
+15%
|
514
-4%
|
460
-11%
|
417
-9%
|
381
-9%
|
357
-6%
|
328
-8%
|
306
-7%
|
287
-6%
|
|
Operating Income | ||||||||||||||||||||||||
Operating Expenses |
(113)
|
(155)
|
(204)
|
(261)
|
(335)
|
(422)
|
(507)
|
(941)
|
(1 063)
|
(1 180)
|
(1 097)
|
(718)
|
(640)
|
(584)
|
(658)
|
(699)
|
(714)
|
(704)
|
(666)
|
(618)
|
(569)
|
(539)
|
(505)
|
|
Selling, General & Administrative |
(112)
|
(155)
|
(204)
|
(261)
|
(335)
|
(422)
|
(507)
|
(940)
|
(1 062)
|
(1 145)
|
(1 079)
|
(691)
|
(603)
|
(545)
|
(621)
|
(658)
|
(671)
|
(657)
|
(615)
|
(565)
|
(517)
|
(489)
|
(458)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(6)
|
(14)
|
(22)
|
(32)
|
(35)
|
(37)
|
(41)
|
(43)
|
(46)
|
(50)
|
(53)
|
(52)
|
(50)
|
(47)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(30)
|
(4)
|
(5)
|
(5)
|
(5)
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
|
Operating Income |
(31)
N/A
|
(42)
-36%
|
(26)
+37%
|
(31)
-20%
|
(46)
-45%
|
(45)
+2%
|
(42)
+5%
|
(421)
-895%
|
(490)
-16%
|
(600)
-22%
|
(620)
-3%
|
(260)
+58%
|
(190)
+27%
|
(120)
+37%
|
(124)
-3%
|
(184)
-49%
|
(254)
-38%
|
(287)
-13%
|
(286)
+0%
|
(261)
+9%
|
(241)
+8%
|
(233)
+4%
|
(218)
+6%
|
|
Pre-Tax Income | ||||||||||||||||||||||||
Interest Income Expense |
(2)
|
(4)
|
(7)
|
(11)
|
(14)
|
(15)
|
(15)
|
(15)
|
(16)
|
(16)
|
(23)
|
(34)
|
(45)
|
(59)
|
(51)
|
(37)
|
(23)
|
(7)
|
(10)
|
(13)
|
(18)
|
(24)
|
(28)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
(30)
|
(30)
|
(30)
|
0
|
(39)
|
(44)
|
(42)
|
(90)
|
(52)
|
(49)
|
(53)
|
(17)
|
(19)
|
(21)
|
(21)
|
(17)
|
(22)
|
|
Total Other Income |
0
|
0
|
(9)
|
(15)
|
(15)
|
(15)
|
(7)
|
(1)
|
0
|
(5)
|
(3)
|
(2)
|
1
|
5
|
3
|
(1)
|
(4)
|
(5)
|
(11)
|
(9)
|
2
|
5
|
11
|
|
Pre-Tax Income |
(33)
N/A
|
(46)
-40%
|
(42)
+8%
|
(58)
-38%
|
(74)
-28%
|
(75)
-1%
|
(94)
-25%
|
(466)
-398%
|
(536)
-15%
|
(621)
-16%
|
(684)
-10%
|
(340)
+50%
|
(275)
+19%
|
(264)
+4%
|
(223)
+15%
|
(270)
-21%
|
(334)
-24%
|
(315)
+6%
|
(325)
-3%
|
(305)
+6%
|
(279)
+9%
|
(269)
+3%
|
(257)
+4%
|
|
Net Income | ||||||||||||||||||||||||
Tax Provision |
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(2)
|
(4)
|
(3)
|
(4)
|
(3)
|
(3)
|
(4)
|
(3)
|
(1)
|
2
|
2
|
1
|
1
|
(1)
|
(1)
|
|
Income from Continuing Operations |
(33)
|
(46)
|
(42)
|
(58)
|
(75)
|
(76)
|
(94)
|
(467)
|
(538)
|
(625)
|
(687)
|
(343)
|
(279)
|
(267)
|
(227)
|
(273)
|
(336)
|
(313)
|
(324)
|
(304)
|
(278)
|
(270)
|
(259)
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
299
|
370
|
449
|
517
|
248
|
200
|
189
|
159
|
190
|
233
|
217
|
224
|
210
|
192
|
185
|
176
|
|
Net Income (Common) |
(33)
N/A
|
(46)
-40%
|
(42)
+8%
|
(58)
-38%
|
(75)
-29%
|
(76)
-1%
|
(41)
+46%
|
(114)
-179%
|
(115)
0%
|
(123)
-8%
|
(171)
-38%
|
(95)
+44%
|
(78)
+17%
|
(78)
+1%
|
(68)
+13%
|
(83)
-22%
|
(103)
-24%
|
(96)
+6%
|
(100)
-4%
|
(94)
+6%
|
(86)
+8%
|
(85)
+1%
|
(83)
+3%
|
|
EPS (Diluted) |
-0.09
N/A
|
-0.12
-33%
|
-0.11
+8%
|
-0.15
-36%
|
-0.2
-33%
|
-0.2
N/A
|
-0.11
+45%
|
-0.3
-173%
|
-0.3
N/A
|
-0.33
-10%
|
-1.56
-373%
|
-0.84
+46%
|
-0.68
+19%
|
-0.2
+71%
|
-0.57
-185%
|
-0.69
-21%
|
-0.85
-23%
|
-0.81
+5%
|
-0.84
-4%
|
-0.79
+6%
|
-0.72
+9%
|
-0.65
+10%
|
-0.62
+5%
|