Wix Results Presentation Deck slide image

Wix Results Presentation Deck

● ● Increasing conversion and strong user cohort performance drove increasing cohort value ● ● We recently launched a mobile site builder for Wix, enabling users to create a professional looking, customized website entirely from a mobile device. This launch is part of our ongoing mobile-first efforts to address the needs of customers around the world Wix ADI continues to be a positive contributor to overall conversion improvements, and we are experiencing early success in additional languages other than English ● Conversion of registered users to premium subscriptions continued to increase through Q2 driven by continued product development and outstanding execution of our data-driven marketing strategy Net subscription additions were 205K in Q2, the second consecutive quarter above 200K. Net subscription additions in the first half of 2018 were 436K, up 9% vs. the first half of 2017 We now expect over $4.6 billion in future collections from existing cohorts over the next 8 years, based on current cohort behavior Every 100K new subscriptions is expected to create $165 million in future collections over the next 8 years, based on current cohort behavior Retention is at the highest levels experienced in our history, demonstrating that users are increasingly finding value in our product Efficient marketing execution continues •● The Q2 user cohort is on pace to achieve a time to return on investment, or TROI, of 7-9 months, indicating that acquisition cost per premium subscription is not increasing While marketing investment is up 22% y/y, non-GAAP S&M expense fell to 35% of collections in Q2 compared to 39% in Q2 2017 and 40% in Q1 2018, demonstrating the leverage in our business model WIX.com - 3-
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