Wix Results Presentation Deck
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Tax expenses: we now anticipate approximately $4-5 million in tax
expense for the full year 2018
Capital expenditures: we anticipate capital expenditures of $12-13
million, primarily driven by leasehold improvements and equipment as our
employee base grows. This outlook is consistent with the prior outlook
Depreciation: we expect depreciation to be ~$8 million for FY 2018
Share based compensation expense: we now anticipate SBC
expense to be approximately $70-71 million for the full year 2018. The
outlook for this expense is higher than last quarter due to the increase in
our share price YTE and this impact on the Black-Scholes option pricing
model. This expense may continue to fluctuate during the year due further
changes in our share price
Share count: we estimate we will have approximately 49-50 million basic
shares outstanding at the end of full year 2018
O Please note that basic weighted average shares outstanding is
equal to fully diluted weighted shares outstanding to calculate fully
diluted EPS as long as there is a GAAP net loss
We estimate that we will have approximately 57-59 million diluted
shares outstanding, including the impact from the cashless net
exercise
O
Basic Shares Outstanding
Fully Diluted Shares Outstanding
Impact of cashless net exercise²
Fully Diluted Shares Outstanding, incl.
cashless net exercise²
2 Based on share price of $100.30 as of June 30, 2018
Wix.com
FYE 2018
49-50M
59-61M
(1.5M)
57-59M
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Additional 2018 Guidance
Capital expenditures
~$12-13 million
for FY 2018
Share based compensation expenses
~$70-71 million
for FY 2018
Basic shares outstanding
49-50 million
at FYE 2018
Fully diluted shares outstanding
57-59 million
at FYE 2018View entire presentation