Wix Results Presentation Deck
Q1 2016 Highlights
Collections of $77.5mm, 39% Y/Y growth on a Y/Y constant currency basis, exceeding prior guidance of $74-75mm; reported
collections of $75.7mm, 35% Y/Y growth
• GAAP revenue of $61.6mm, 38% Y/Y growth, exceeding prior guidance of $60-61 million
Net premium subscription growth of 170,000
Adjusted EBITDA of $2.7mm, exceeding prior guidance of $1-2mm
Non-GAAP gross margin up Y/Y to 84% compared to 83% in Q1 2015
• Launched Wix Restaurants: Online order management service to enable restaurant owners to build and manage their business
without relying on commission-based food ordering marketplaces
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• Awarded Google Apps Online Partner of the Year for second consecutive year: Wix was recognized by Google for Work
for our efforts in promoting and marketing Google Apps through the Wix platform
Successful partnership with City Football Group: As the official Website Design & Hosting partner for City Football Group
Wix will leverage branding and sponsorship opportunities with Manchester City FC, New York City FC and Melbourne City FC.
• Continued mobile growth: Over 15.7 million mobile sites created on the Wix platform to date
Significant platform engagement: To date, users have saved over 290 million contacts onto the Wix platform
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Wix.com
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