Wix Investor Day Presentation Deck
Scaling to ~$2.5 billion of revenue and ~$500 million of FCF for FY 2025
Total
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
26%
23%
44%
82%
37%
70%
17%
42%
2020A 2021A 2022E 2023E 2024E 2025E
Analyst & Investor Day | May 2022
30%
22%
78%
80%
29%
73%
13%
43%
29%
21%
59%
77%
22%
70%
4%
33%
10 - 13%
9-12%
12 - 16%
~76%
~22%
~70%
2-5%
12 - 18%
i 21-23% annually
17-19% annually
25-41% annually
77-81%
13
27-34%
56-67%
10-20%
Note: Gross margin and operating expenses are non-GAAP figures. We define "Rule of 40" as the total of revenue growth % and FCF margin
33 - 41%
Long-term
I
~17% I
85%+
35%+
<50%
~30%
I ~47%
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