smiledirectclub was founded on a simple belief: everyone deserves a smile they love. we’re the first digital brand for straightening your smile, created after the realization that recent trends in 3d printing and telehealth could bring about disruptive change to the invisible aligner market. by leveraging proprietary, cutting-edge technology, we’re helping customers avoid office visits and cut costs by up to 60 percent, because people shouldn’t have to pay a small fortune for a better smile. learn more about how we're redefining an industry and making a difference in people's lives, and apply to join our team today.
Company profile
Ticker
SDCCQ
Exchange
Website
CEO
David B. Katzman
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
DENTSPLY Sirona • Envista • ZimVie • Sonendo • Biolase • Remedent • Item 9 Labs • Bruush Oral Care • Costas • Capstone Dental Pubco ...
SEC CIK
Corporate docs
Subsidiaries
Access Dental Lab, LLC • CAMF II, LLC • Ortho Lab Services, LLC • SDC Canada Inc. • SDC Financial, LLC • SDC Holding, LLC • SDC Plane, LLC • SmileDirectClub AUS PTY LTD • SmileDirectClub DEU GmbH • SmileDirectClub FR SARL ...
IRS number
834505317
SDCCQ stock data
Latest filings (excl ownership)
25-NSE
Exchange delisting
27 Dec 23
8-K
Entry into a Material Definitive Agreement
2 Oct 23
8-K
SmileDirectClub Seeks to Execute Comprehensive Recapitalization to Strengthen the Business for Sustainable Growth
29 Sep 23
8-K
Other Events
24 Aug 23
10-Q
2023 Q2
Quarterly report
8 Aug 23
8-K
SmileDirectClub Reports Second Quarter 2023 Financial Results
8 Aug 23
8-K
Other Events
5 Jul 23
8-K
Amendments to Articles of Incorporation or Bylaws
1 Jun 23
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
24 May 23
10-Q
2023 FY
Quarterly report
9 May 23
Transcripts
SDCCQ
Earnings call transcript
2023 Q2
9 Aug 23
SDCCQ
Earnings call transcript
2023 Q1
10 May 23
SDCCQ
Earnings call transcript
2022 Q4
1 Mar 23
SDCCQ
Earnings call transcript
2022 Q3
8 Nov 22
SDCCQ
Earnings call transcript
2022 Q2
9 Aug 22
SDCCQ
Earnings call transcript
2022 Q1
10 May 22
SDCCQ
Earnings call transcript
2021 Q4
1 Mar 22
SDCCQ
Earnings call transcript
2021 Q3
9 Nov 21
SDCCQ
Earnings call transcript
2021 Q2
10 Aug 21
SDCCQ
Earnings call transcript
2021 Q1
11 May 21
Latest ownership filings
4
RICHARD F WALLMAN
23 Jun 23
144
Notice of proposed sale of securities
22 Jun 23
144
Notice of proposed sale of securities
22 Jun 23
144
Notice of proposed sale of securities
21 Jun 23
4
Edward W Ward III
5 Jun 23
4
Linda Marie Williams
5 Jun 23
4
ALEXANDER DIMITRIEF
5 Jun 23
4
RICHARD F WALLMAN
5 Jun 23
4
Susan Greenspon Rammelt
31 Mar 23
4
Troy W. Crawford
21 Mar 23
Financial summary
Quarter (USD) | Jun 23 | Mar 23 | Dec 22 | Sep 22 | |
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Diluted EPS |
Annual (USD) | Mar 23 | Dec 22 | Mar 22 | Dec 21 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Net income | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 57.99 mm | 57.99 mm | 57.99 mm | 57.99 mm | 57.99 mm | 57.99 mm |
Cash burn (monthly) | 9.42 mm | 8.36 mm | 15.00 mm | 19.97 mm | 5.95 mm | 10.79 mm |
Cash used (since last report) | 93.25 mm | 82.71 mm | 148.47 mm | 197.67 mm | 58.86 mm | 106.81 mm |
Cash remaining | -35.26 mm | -24.72 mm | -90.48 mm | -139.68 mm | -872.78 k | -48.82 mm |
Runway (months of cash) | -3.7 | -3.0 | -6.0 | -7.0 | -0.1 | -4.5 |
Institutional ownership, Q3 2023
12.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 87 |
Opened positions | 12 |
Closed positions | 14 |
Increased positions | 13 |
Reduced positions | 27 |
13F shares | Current |
---|---|
Total value | 6.54 bn |
Total shares | 16.06 mm |
Total puts | 1.12 mm |
Total calls | 2.15 mm |
Total put/call ratio | 0.5 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 5.57 mm | $2.31 bn |
BLK Blackrock | 1.39 mm | $576.57 mm |
Geode Capital Management | 1.31 mm | $542.87 mm |
Gsa Capital Partners | 1.18 mm | $489.69 mm |
C Citigroup | 980.21 k | $406.79 mm |
MS Morgan Stanley | 460.47 k | $191.10 mm |
UBS UBS Group AG - Registered Shares | 426.45 k | $176.98 mm |
Stephens | 401.17 k | $166.49 mm |
STT State Street | 371.23 k | $154.06 mm |
DB Deutsche Bank AG - Registered Shares | 358.43 k | $150.54 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
21 Jun 23 | Richard F Wallman | Class A Common Stock | Sell | Dispose S | No | No | 0.4357 | 135,135 | 58.88 k | 336,318 |
1 Jun 23 | Richard F Wallman | Class A Common Stock | Grant | Acquire A | No | No | 0 | 206,896 | 0.00 | 471,453 |
1 Jun 23 | Alexander Dimitrief | Class A Common Stock | Grant | Acquire A | No | No | 0 | 206,896 | 0.00 | 456,896 |
1 Jun 23 | Edward W Ward III | Class A Common Stock | Grant | Acquire A | No | No | 0 | 206,896 | 0.00 | 370,602 |
1 Jun 23 | Linda Marie Williams | Class A Common Stock | Grant | Acquire A | No | No | 0 | 206,896 | 0.00 | 364,238 |