Wix Results Presentation Deck
Reconciliation of GAAP to Non-GAAP Financial Measures
in 000s
Revenue
Change in deferred revenue
Collections
in 000s
Net cash provided by operating activities
Capital expenditures, net
Free Cash Flow
in millions
Cumulative Cohort Revenue
Cumulative Cohort change in deferred revenue
Cumulative Cohort Collections
2018
Q1
Q4
Q2
Q3
$137,775 $146,132 $155,600 $164,197
$21,880 $13,763 $7,177 $11,861
$159,655 $159,895 $162,777 $176,058
Q1
$24,779
$ (3,358)
$21,421
2018
Q2
Q4
$27,268 $27,607 $36,055
$ (3,411) $ (3,916) $ (3,391)
$23,857 $23,691 $32,664
Q3
2019
Q1
Q2
Q3
Q4
$174,290 $185,419 $196,791 $204,588
$26,089 $14,144 $9,069 $22,095
$200,379 $199,563 $205,860 $226,683
2019
Q1
Q2
$35,074 $37,180
$ (5,028) $ (6,426)
$30,046 $30,754
Q3
$36,073
$ (6,846)
$29,227
Q1'10 Q1'11 Q1'12 Q1'13 Q1'14 Q1'15 Q1'16 Q1'17 Q1'18 Q1'19
$24 $34 $41 $79 $104 $98 $101 $95 $70 $30
$1 $2 $2 $6 $8 $10 $12 $16 $19 $22
$25 $36 $43 $85 $112 $108 $113 $112 $91
$52
Q4
$41,237
$ (3,766)
$37,471
2017
2018
FY
FY
$425,636 $603,704
$58,353 $54,681
$483,989 $658,385
2019
FY
$761,088
$71,397
$832,485
2017
2018
2019
FY
FY
FY
$83,052 $115,709 $149,564
$(12,369) $ (14,076) $ (22,066)
$70,683 $101,633 $127,498
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.
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