Wix Results Presentation Deck slide image

Wix Results Presentation Deck

Reconciliation of GAAP to Non-GAAP Financial Measures in 000s Net cash provided by operating activities Capital expenditures, net Free Cash Flow Capital expenditures related to future Wix HQ office build out Free Cash Flow (excluding future Wix HQ office build out) in millions Cumulative Cohort Revenue Cumulative Cohort change in deferred revenues Cumulative Cohort Collections 2018 Q3 Q4 $27,607 $36,055 $ (3,916) $ (3,391) $23,691 $32,664 4 $0 $0 $23,691 $32,664 Q2 Q3 Q1 $35,074 $37,180 $36,073 $(5,028) $ (6,426) $ (6,846) $30, $30,046 $30,754 $29,227 $0 2019 $0 $0 Q4 $41,237 $ (3,766) $37,471 $0 1 $3 $30,046 $30,754 $29,227 $37,471 Q1 Q2 $45,027 $49,958 $(5,075) ($3,264) $39,952 $46,694 2020 $483 $408 $40,435 $47,102 Q1'10 Q1'11 Q1'12 Q1'13 Q1'14 Q1'15 Q1'16 Q1'17 Q1'18 Q1'19 Q1'20 $26 $36 $44 $87 $116 $112 $118 $119 $101 $63 $19 $2 $2 $5 $7 $9 $12 $15 $19 $21 $22 $38 $46 $92 $123 $121 $130 $134 $120 $84 $41 $1 $27 2017 2018 2019 FY FY FY $83,052 $115,709 $149,564 $(12,369) $ (14,076) $ (22,066) $70,683 $101,633 $127,498 $0 $0 $0 $70,683 $101,633 $127,498 Q2'19 (after 1 quarter) $6 $17 $23 Q2'20 $10 $28 $38 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. Numbers may not add due to rounding. 16
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