SmileDirectClub is a holding company. Through its subsidiaries, Co. is engaged by its network of doctors to provide a suite of non-clinical administrative support services, including access to and use of its SmileCheck platform, as a dental support organization. All of Co.'s member data is stored in its SmileCheck platform, a proprietary central data repository for all medical records, business transactions, and member communications. SmileCheck supports uniform access to, and use of, member information across any internet-connected device. Co.'s doctor network also uses SmileCheck for case assignment and management. The SDC average annual return since 2019 is shown above.
The Average Annual Return on the SDC average annual return since 2019 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether SDC average annual return since 2019 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the SDC average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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