Wix Results Presentation Deck slide image

Wix Results Presentation Deck

Non-GAAP Financial Results 2019 Q1 2017 FY 2018 FY 2017 2018 Q1 Q1 $92,538 $137,775 $174,290 $425,636 $603,704 $114,546 $159,655 $200,379 $483,989 $658,385 $78,209 $109,952 $136,028 $359,708 $481,743 85% 78% 85% 80% $45,790 $121,293 $156,384 $26,094 80% $36,785 27% 28% 28% 26% 23% $52,249 23% $64,423 26% 23% $80,517 25% $195,041 24% $237,639 39% 56% 47% 46% 46% 46% 40% 40% $7,404 $9,506 40% $11,874 7% $34,275 36% $40,476 7% 8% 7% 8% 6% 6% 6% ($2,153) 7% $9,099 ($7,538) ($762) 6% $47,244 8% (8%) (1%) (1%) 2% (7%) (0%) (1%) 2% 7% ($7,952) ($2,687) $1,468 ($549) $54,778 in 000s Revenues Collections Non-GAAP Gross Profit Gross Margin % Non-GAAP R&D expenses % of revenues % of collections Non-GAAP S&M expenses % of revenues % of collections Non-GAAP G&A Expenses % of revenues % of collections Non-GAAP Operating Income (Loss) % of revenues % of collections Non-GAAP Net Income (Loss) 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 starting in Q1'18 for comparability purposes 17
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