SmileDirectClub, Inc.
Healthcare · Dental Equipment & Supplies · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | |
|---|---|---|---|---|---|---|
| Revenue | $470.7M | $637.6M | $656.8M | $750.4M | $423.2M | $146.0M |
| Operating income | −$262.1M | −$259.3M | −$217.5M | −$490.3M | −$45.6M | −$30.5M |
| Net income | −$86.4M | −$102.4M | −$78.4M | −$114.5M | −$74.8M | −$32.8M |
| Total assets | $597.1M | $794.6M | $884.8M | $885.6M | $555.2M | — |
| Total liabilities | $982.3M | $928.9M | $650.7M | $427.4M | $257.0M | — |
| Equity | −$385.2M | −$134.4M | $234.1M | $458.3M | $298.2M | −$33.9M |
| EPS (diluted) | $-0.71 | $-0.87 | $-0.72 | $-1.14 | — | — |
| Shares out. | 390.2M | 387.8M | 385.2M | 381.9M | — | — |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2022- Operating margin
- −55.7%
- Net margin
- −18.4%
- Return on equity
- 22.4%
- Return on assets
- −14.5%
- Return on capital (ROCE)
- −54.6%
- Liabilities / assets
- 164.5%
- Debt / equity
- —
- Book value / share
- $-0.99
- Revenue growth (YoY)
- −26.2%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2022- Altman Z″ (distress)
- -3.46distress
- Accruals / assets
- 12.0%high accruals
- Piotroski F-Score
- 0/9weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 2 severe● 6 warning● 1 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Operating losses (negative operating margin)
- Reported a net loss
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- High accruals — earnings-quality risk
- Strong return on equity (>15%)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Material events
SEC Form 8-K · most recent- Entered a material agreement · New financial obligation · Debt acceleration / triggering event · Delisting / listing-standard noticeOct 2, 2023
- Bankruptcy or receivership · Director / officer change · Regulation FD disclosureOct 2, 2023
- Other material eventAug 24, 2023
- Results of operationsAug 8, 2023
- Other material eventJul 5, 2023
- Amended charter or bylaws · Shareholder voteJun 1, 2023
- Delisting / listing-standard notice · Other material eventMay 24, 2023
- Results of operationsMay 9, 2023
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (1)
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