Wix Results Presentation Deck
Safe Harbor
Forward-Looking Statements
This document contains forward-looking statements, within the meaning of the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995 that involve risks and uncertainties. Such forward-looking statements may include projections
regarding our future performance, including, but not limited to revenue, bookings and free cash flow, and may be identified by
words like "anticipate," "assume," "believe," "aim," "forecast," "indication," "continue," "could," "estimate," "expect," "intend," "may,"
"plan," "potential," "predict," "project," "outlook," "future," "will," "seek" and similar terms or phrases. The forward-looking
statements contained in this document, including the quarterly and annual guidance, are based on management's current
expectations, which are subject to uncertainty, risks and changes in circumstances that are difficult to predict and many of which
are outside of our control. Important factors that could cause our actual results to differ materially from those indicated in the
forward-looking statements include, among others, our ability to attract and retain registered users and generate new premium
subscriptions; our ability to increase the revenue we derive from the sale of premium subscriptions and business solutions
through our partners; our expectation that new products and developments, including third-party products offered within our
platform, will receive customer acceptance and satisfaction, including the growth in market adoption of our online commerce
solutions; our assumption that long-term agreements with partners will become a more significant part of our business in the
future and that the expected accounts receivable from such long term partners agreement will ultimately be received; our
assumption that historical user behavior can be extrapolated to predict future user behavior; our prediction of the future
revenues generated by our user cohorts and our ability to maintain and increase such revenue growth; our ability to maintain and
enhance our brand and reputation; our ability to attract and retain qualified employees and key personnel; our ability to enter into
new markets and attract new customer demographics, including new partners; our expectation that our products created for
markets outside of North America will continue to generate growth in those markets; the impact of fluctuations in foreign
currency exchange rates on our business; our ability to effectively execute our initiatives to scale and improve our user support
function through our Customer Care team, and thereby increase user retention, user engagement and sales; the integration and
performance of acquisitions; our ability to successfully localize our products, including by making our product, support and
communication channels available in additional languages and to expand our payment infrastructure to transact in additional
local currencies and accept additional payment methods; our ability to effectively manage the growth of our infrastructure; the
03 Company Overview | February 2022
impact on our business and operations of the COVID-19 pandemic, including uncertainty relating to expected consumer
dynamics after the COVID-19 pandemic subsides and the anticipated GPV on our platform, the effectiveness of government
policies, vaccine administration rates and other factors; changes to technologies used in our solutions; any regulatory
investigations or litigation; our expectations regarding changes in our cost of revenues and our operating expenses on an
absolute basis and as a percentage of our revenues; changes in the global, national, regional or local economic, business,
competitive, market, and regulatory landscape, including as a result of COVID-19; our planned level of capital expenditures and
our belief that our existing cash and cash from operations will be sufficient to fund our operations for at least the next 12 months
and other factors discussed under the heading "Risk Factors" in the Company's 2020 annual report on Form 20-F filed with the
Securities and Exchange Commission on March 25, 2021. Any forward-looking statement made by us in this press release speaks
only as of the date hereof. Factors or events that could cause our actual results to differ may emerge from time to time, and it is
not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statements, whether
as a result of new information, future developments or otherwise.
Immaterial Prior Year Adjustment
We revised the previously reported financial statements to reflect revenue recognition timing differences related to the sale of
Google Workspace solutions. This revision has an immaterial impact on previously issued financial statements.
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