SmileDirectClub Investor Presentation Deck
Gross Margin.
Gross margin for the quarter was 72%, which
represents a 673 bps increase compared to Q4 2021.
This increase is largely attributable to increased
revenue along with the following items:
ā
smile
DIRECT
In Q4 2021, one-time costs related to the
implementation of our internal treatment planning
software, SmileOS and lower retail margin,
primarily due to higher expansion costs and
excess inventory costs had an approximate 400
bps impact on margin.
On COGS, we have continued to make great progress
on manufacturing automation with our 2nd Gen
machines producing approximately 90% of our aligners
in the quarter.
CLUB
When accounting for the items noted above,
Gross Margin for Q1 2022 was up 273 bps vs. Q4
2021
I
Lill
74%
70%
54%
Q1 2020 Q2 2020 Q3 2020 Q4 2020 Q12021 Q2 2021 Q3 2021 Q4 2021 Q1 2022
70%
Gross margin %
$152
76%
74%
Gross Profit
71%
4%
65%
$128
$98
$82
lii
Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022
$109
72%
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