Wix Results Presentation Deck
For Q4 guidance, we expect the following:
Revenue in the range of $116 to $117 million, an increase of 38% to 39%
year over year
●
Given our strong performance in Q3, we are raising our full year guidance for
2017:
●
●
Collections in the range of $126 to $127 million, representing year over
year growth of 29% to 30%
- 12-
Increasing the range of revenue from $421 to $423 million to a range of
$423 to $424 million, which is an increase of 46% year over year
Increasing the collections range from $473 to $477 million to $478 to $479
million, representing annual growth of 40%. If we report collections
within or above this range, it will mark the third consecutive year
of 40% year over year collections growth
Given the continued leverage we are realizing in our model, we are raising
our expected free cash flow from a range of $67 to $68 million to $68 to
$69 million, which represents 88% to 91% growth over last year
We are updating our operating expense expectations for the full year 2017 as
follows:
We continue to expect non-GAAP S&M expense as a percent of
collections to be approximately 40% to 41% for the full year, as we
previously guided
Non-GAAP Financial Outlook
(In $ millions)
Revenue
% Y/Y
Collections
% Y/Y
S&M (% collections)
R&D (% collections)
G&A (% collections)
Capex
Free Cash Flow
% Collections
SBC Expense
Basic Shares O/S
Fully Diluted Shares O/S
Q4'17
2017
Updated Initial
2017
Prior
$421-423 $423-424 $116-117
45-46%
46%
38-39%
$473-477 $478-479 $126-127
38-39%
40%
29-30%
40-41% 40-41%
~$6-7
$67-68
14%
25%
7%
~$9
$68-69
14%
~$39-40 ~$46-47
48-49mn
46-47mn
57-58mn
56-57mn
Wix.comView entire presentation