Wix Results Presentation Deck slide image

Wix Results Presentation Deck

● ● ● ● 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 - 18 - 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 2018
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