Wix Results Presentation Deck slide image

Wix Results Presentation Deck

Our consistent outperformance confirms that leveraging our software investments and utilizing technology to execute our marketing strategy leads to strong financial returns. We have a robust product development pipeline planned for 2017 and plan to introduce a new product to our user and developer communities that significantly expands the capabilities of our platform and further strengthens our technology leadership. Fourth Quarter Highlights Q4 outperformance highlighted by acceleration of top line growth, exceeding top end of guidance: Our business continues to perform better than expected as we set a new record for quarterly revenue and collections and exceeded the high end of our prior guidance. Revenue grew 48% year over year in Q4 vs. 41% last quarter; collections growth accelerated to 46% from 42% in Q3. Sharp profit inflection and cash flow generation: Operating losses turned to operating profits during the quarter as we delivered our first quarterly profit ever. Non-GAAP operating income was $3.9 million in Q4 compared to a loss of $1.2 million in Q3 and our outlook for breakeven. We generated positive free cash flow of $18.7 million in the quarter. Our ability to deliver high growth, profitability, and positive cash flow AT SCALE is unique amongst our peers and is a direct result of our product innovation and marketing execution. Adjusted EBITDA was positive for the seventh consecutive quarter, at a record $17.9 million and was also above the high end of our guidance. Continued improvement in key performance metrics: Our focus on product and technology, as well as our effective marketing and branding, drove further improvement in our key performance metrics: - 2- Fourth Quarter Financial Performance Prior Guidance GAAP Revenue Collections Adj. EBITDA Actual Results $84.2 million $97.7 million $17.9 million $81-82 million $93-94 million $14-15 million WIX.com
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