Wix Results Presentation Deck
We re-affirm the additional FY 2018 guidance that we provided previously,
unless noted. All guidance is based on ASC 606 and the Google agreement
accounting change.
●
●
●
●
Non-GAAP gross margin: we expect non-GAAP gross margin of
approximately 80% of revenue, which is lower than 2017 due to the
impact of the Google agreement accounting change. This is in line with
previous guidance
Non-GAAP Sales and Marketing Expenses: S&M expense on a
non-GAAP basis of 35-36% of collections for the full year 2018, in line
with previous guidance
Non-GAAP Operating Expenses: total non-GAAP operating
expenses are expected to be 66-67% of collections for FY 2018, in line
with previous guidance
FX rates: Our guidance for revenue, collections, operating expenses
and free cash flow assume current FX rates throughout the period
Wix.com
O We have taken advantage of the strengthening US Dollar against
the New Israeli Shekel and put in place hedges through
December 2018. These hedges give us downside protection on
our free cash flow
- 17 -
Additional 2018 Guidance
Non-GAAP gross margin
80% of revenue
for FY 2018
Non-GAAP sales & marketing expense
35-36% of collections
for FY 2018
Total Non-GAAP operating expenses
66-67% of collections
for FY 2018View entire presentation