SmileDirectClub Results Presentation Deck
Adjusted EBITDA & net income.
●
Interest Expense:
●
Lease Abandonment and Impairment:
We had $5.7mm in other expenses
mostly associated with lease
abandonment and impairment of long-
lived assets as we continue to optimize
our shop footprint and corporate office
portfolio in the new operating
environment
smile
DIRECT
CLUB
Interest expense was $15.6 million in
the third quarter, mostly associated
with borrowings on indebtedness from
our credit facility
●
Other:
Gains of $1.0mm, which is mostly
associated with currency gains and
losses
I
($20mm) ($32mm)
Q1 2019 Q2 2019
($4mm)
Q1 2019
(1) Adjusted EBITDA is a non-GAAP financial measure. See appendix for definition of Adjusted EBITDA.
$6mm
Net income
($388mm)
Q3 2019
($97mm) ($107mm) ($95mm)
$45mm)
Q4 2019
Adj. EBITDA(¹)
($60mm
Q1 2020
Q2 2019 Q3 2019 Q4 2019
($67mm)
Q1 2020
Q2 2020 Q3 2020
($20mm
($43mm)
Q2 2020
$3mm
Q3 2020
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