Wix Results Presentation Deck slide image

Wix Results Presentation Deck

● GAAP revenue of $84.2 million, 48% Y/Y growth, exceeding prior guidance of $81-82 million • Collections of $97.7 million exceeded prior guidance of $93-94 million; 46% Y/Y growth is an acceleration from last quarter • Net premium subscription additions were 171,000; Total subscriptions are up 39% Y/Y to 2.5 million Non-GAAP gross margin up Y/Y to 87% of Collections compared to 85% in Q3'15 Adjusted EBITDA of $17.9 million, exceeding prior guidance of $14-15 million Free Cash Flow was $18.7 million, up 122% Y/Y ● Q4'16 Highlights ● Agreed to acquire flok: Wix entered into an agreement to acquire flok, a customer loyalty and engagement platform. flok's solutions are designed to increase customer value, generate organic referrals and boost online presence and reputation. • Wix integrates with Square: Wix integrated with Square to give Wix merchants in North America a new way to transact. The Square integration improves payment processing and allows both online and in-person payments, via a mobile POS. Wix launches advertising campaign for Super Bowl LI: Wix joined the Super Bowl LI advertiser lineup for the third time in as many years. This was the first time Wix launched a campaign via YouTube Live and Facebook Live. • Global E-commerce platform: E-commerce subscriptions reached 332,000 during the quarter; Q4'16 had record additions • Continued mobile growth: Over 22 million mobile sites created on the Wix platform to date • Increasing App engagement: App purchases were up 51% Y/Y in Q4 '16; To date, users have installed over 60 million apps Wix.com
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