SmileDirectClub Investor Presentation Deck
Balance sheet highlights.
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We ended Q3 with $120.2 million in cash
and cash equivalents.
Cash from operations for the third
quarter was ($24.1) million.
Cash spent on investing for the third
quarter was ($10.8) million
Free Cash Flow was ($34.9) million in the
quarter
In Q3 2022, SmilePay financing, which
drives our accounts receivable, as a
percentage of total aligners purchased
was 60.1%, which is about a 90 bps
decrease over Q2 2022.
Overall, SmilePay delinquency rates
continue to be in line with past
performance
smile
DIRECT
CLUB
($ in millions)
Cash
Debt
Accounts Receivable,
Net
Cash Flow from
Operations
Cash Flow from
Investing
Free Cash Flow(¹)
Q1 2022
$144.7
$739.6
$240.5
($61.3)
($15.1)
Q2 2022
$158.3
$792.2
$221.6
($17.8)
($17.8)
Q3 2022
$120.2
$792.4
$201.8
($24.1)
($10.8)
($76.4) ($35.6) ($34.9)
(1) Free Cash Flow is a non-GAAP financial measure. See appendix for definition of Free Cash Flow. Prior period reconciliations are available in
historical SEC filings at https://investors.smiledirectclub.com/financial-filings/sec-filings.
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