SmileDirectClub Investor Presentation Deck
General & Administrative.
●
General and administrative were $71 million in Q1,
compared to $74 million in Q4 2021
Cost actions taken in January will achieve full run rate
savings in back half of 2022
After adjusting for incentive compensation
variance between quarters (Q4 2021 -$9mm
reversal compared to $4M of expense in Q1
2022), the G&A expenses, excluding Stock
Based Comp, improved by $10 million as a result
of Cost Actions
We plan to stay vigilant with cost control throughout
2022 and beyond, as we focus on continuing
to leverage this line item.
smile
DIRECT
CLUB
$2
$16
$73
$11
$58
G&A expenses(¹) ($ in millions)
■ G&A
$11
$63
$5
(1) Percentages represent G&A as a percent of revenue, excluding stock-based compensation and IPO and other one-time costs..
$7
$15
$66 $66
$1
$12
$72
$1
Stock-based Compensation
$10
$75
$4
$7
$63
Q1 2020 Q2 2020 Q3 2020 Q4 2020 Q12021 Q2 2021 Q3 2021 Q4 2021 Q1 2022
One-time Costs
$5
22
$66View entire presentation