Wix Results Presentation Deck slide image

Wix Results Presentation Deck

● GAAP revenue of $290 million, 43% Y/Y growth, exceeding prior guidance of $287-288 million • Collections of $342 million exceeded prior guidance of $337-338 million; 42% Y/Y growth is an acceleration from 2015 • Added over 20 million new registered users to reach 97 million. As of February 2017, Wix had over 100 million registered users • Net premium subscription additions were 698,000; 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 2015 ● Adjusted EBITDA of $42.6 million, exceeding prior guidance of $38.5-39.5 million • Free Cash Flow was $36.2 million, up 149% Y/Y S&M expense was 44% of collections - at the low-end of guidance at 44-45% and an improvement from 48% in 2015 2016 Highlights ● Wix.com LO 5
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