| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
401 |
| Employees |
1,400 |
| Revenues (TTM) (Millions $) |
414 |
| Net Income (TTM) (Millions $) |
-259 |
| Cash Flow (TTM) (Millions $) |
-100 |
| Capital Exp. (TTM) (Millions $) |
37 |
Business Description
SmileDirectClub Inc. is a Nashville, Tennessee-based company that provides dental alignment services. The company was founded in 2014 by Alex Fenkell and Jordan Katzman with a goal of making orthodontic treatment more affordable and accessible for consumers.
SmileDirectClub provides clear plastic aligners designed to straighten teeth over a period of several months. The aligners are custom-made for each customer based on a 3D scan of their teeth. Customers can either purchase an at-home impression kit or visit one of the company's SmileShops for a free scan. SmileDirectClub's licensed dental professionals review and approve each treatment plan, and customers receive a series of aligners to wear for 22 hours a day.
The company's business model is largely online, with customers signing up for treatment plans and receiving their aligners through the mail. SmileDirectClub also has a network of SmileShops where customers can receive in-person treatment and support. The company operates in the United States, Canada, Australia, and several European countries.
SmileDirectClub has faced controversy and legal challenges from the dental industry, as many dentists and orthodontists believe that the company's model falls outside of the boundaries of safe and effective orthodontic treatment. Some states in the U.S. have attempted to limit the company's operations through legislation or regulatory action. SmileDirectClub maintains that their aligners are safe and effective, and that their licensed dental professionals provide adequate oversight for each customer.
In September 2019, SmileDirectClub went public in an initial public offering (IPO) on the NASDAQ stock exchange. The IPO was met with mixed reactions, and the company's share price has fluctuated since its debut. SmileDirectClub also faces competition from other direct-to-consumer orthodontic companies, as well as traditional brick-and-mortar dental practices. Despite these challenges, the company remains a major player in the broader trend toward telemedicine and direct-to-consumer healthcare.
Company Address: 414 Union Street Nashville, 37219 TN
Company Phone Number: 342-0462 Stock Exchange / Ticker: NASDAQ SDC
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0.67% 