SmileDirectClub Results Presentation Deck
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Q3 2020 results.
Revenue for the quarter was $168.5 million, which
represents 94% of Q3 2019 revenue
Represents a sequential increase of 57% over
Q2 2020
Gross margin for the quarter was 70%, up 1600
basis points from Q2 2020
Net loss for the quarter was negative $43mm, a
sequential improvement of $51mm
Q3 Adjusted EBITDA(¹) was positive $3.0mm for the
quarter. This is a sequential improvement of
$23.3mm, and positive EBITDA one quarter ahead
of our goal for 2020
CLUB
Net Revenue
Gross Profit
Gross Margin %
Adjusted EBITDA(1)
EPS, Diluted
1
smile (1) Adjusted EBITDA is a non-GAAP financial measure. See appendix for definition of Adjusted EBITDA.
DIRECT
Q3 2020
$
168.5mm
118.7mm
70.5%
$ 3.0mm
$ (0.11)
YOY
-6.5%
-14.4%
-654bps
NM
ΝΑ
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