Wix Investor Day Presentation Deck
Self Creators - long-term framework
Long-term gross margin targets already achieved and continued scale will drive long term FCF margin
Self Creators
Revenue Growth
Creative Subscriptions
Revenue Growth
Business Solutions
Revenue Growth
GM% CS
GM% BS
Operating Expenses as %
of Revenue
FCF Margin
Rule of 40
2019A 2020A 2021A 2022E 2023E 2024E 2025E
21%
19%
30%
83%
38%
71%
19%
40%
25%
Analyst & Investor Day | May 2022
18%
64%
82%
31%
68%
21%
46%
20%
15%
43%
82%
25%
60%
20%
40%
5-8%
5-8%
4 -9%
~82%
25-26%
61-62%
14 - 19%
19 -27%
17-19% annually
13-17% annually
22-39% annually
82 - 84%
9
29 -33%
51-59%
24-29%
Note: Gross margin and operating expenses are non-GAAP figures. We define "Rule of 40" as the total of revenue growth % and FCF margin
43-45%
Long-term
~15%
83-85%
35%+
<50%
I ~30%
! ~45%
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