SmileDirectClub, Inc.
0.0 %
-100.0 %
Yet to be announced
Company Overview
SmileDirectClub, Inc. is a company that provides direct-to-consumer telehealth platform for teeth straightening. The company offers clear aligner therapy treatment through its teledentistry platform, connecting customers with licensed dentists and orthodontists who remotely prescribe and monitor clear aligner treatment plans.
Revenue Sources
PassBased on the company's financial statements and business model, SmileDirectClub generates its revenue primarily from clear aligner therapy and related products. These are permissible medical/dental services and products. There is no evidence of revenue from prohibited sources.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| June 30, 2023 | $101.8m | $155.32m | - | $8.53m | 0.00% | 5.49% |
| March 31, 2023 | $119.78m | $186.67m | - | $7.71m | 0.00% | 4.13% |
| Dec. 31, 2022 | $86.53m | $166.28m | - | $6.59m | 0.00% | 3.96% |
| Sept. 30, 2022 | $106.77m | $174.44m | - | $5.36m | 0.00% | 3.07% |
Looking at the last four quarters, interest expense as a percentage of total expenses ranges between 3.1% and 5.5%, consistently exceeding the 5% threshold for acceptable interest expense to total expense ratio. The company's business model appears to rely significantly on interest-bearing debt to finance its operations.
Operational Ethics
PassBased on available information from SEC filings and company disclosures, there is no evidence of significant ongoing associations with entities involved in human rights violations, including the state of Israel or the Chinese Communist Party.
Comments