Wix Results Presentation Deck
Reconciliation of GAAP to Non-GAAP Financial Measures
in 000s
GAAP Operating Loss
Share Based Compensation
Amortization
Acquisition Related Expenses
Non-GAAP Operating Income (Loss)
in 000s
GAAP Net Loss
Share Based Compensation & Other Non-
GAAP Adjustments
Non-GAAP Net Income (Loss)
in 000s
Net cash provided by operating activities
Capital expenditures, net
Free Cash Flow
2017
Q1
Q4
Q2
Q3
($20,471) ($10,563) ($11,454) ($7,523)
$8,982 $11,979 $13,035 $13,704
$186 $1,240 $948 $379
$3,765 $860 $889 $3,143
($7,538) $3,516 $3,418 $9,703
2017
Q1
Q2
Q3
Q4
($20,885) ($14,264) ($14,519) ($6,605)
$12,933 $14,079 $14,872 $13,840
($7,952) ($185) $353 $7,235
2017
Q1
Q2
Q3
Q4
$16,397 $19,651 $22,063 $24,941
($1,616) ($2,239) ($3,128) ($5,386)
$14,781 $17,412 $18,935 $19,555
2018
Q4
Q1
Q2
Q3
($18,452) ($6,507) ($3,498) ($2,173)
$15,674 $17,769 $18,760 $20,127
$588 $731 $733 $732
$1,428 $946 $261 $125
($762) $12,939 $16,256 $18,811
2018
Q1
Q2
Q3
Q4
($19,811) ($5,640) ($5,916) ($5,753)
$17,690 $19,446 $24,719 $26,523
($2,121) $13,806 $18,803 $20,770
2018
2019
Q1
Q2
($27,792) ($14,161)
$24,907 $27,565
$732
$738
$0 $53
($2,153) $14,195
2019
Q1
Q2
($30,740) ($16,734)
$32,208 $33,690
$1,468 $16,956
2019
Q1
Q2
Q3
Q4
$24,779 $27,268 $27,607 $36,055
($3,358) ($3,411) ($3,916) ($3,391)
$21,421 $23,857 $23,691 $32,664 $30,046 $30,754
Q1
Q2
$35,074 $37,180
($5,028) ($6,426)
Note: non-GAAP items exclude the impact of share-based compensation expense, amortization, amortization of debt discount and debt issuance costs and acquisition-related expense. Beginning in Q1'19
we began excluding non-operating foreign exchange expenses and income from our non-GAAP calculations of net income and EPS; this table reflects this change retroactively
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