Wix Results Presentation Deck
The presentation of this financial information is not intended to be considered in isolation or as a substitute for, or superior to, the financial information
prepared and presented in accordance with GAAP. The Company uses these non-GAAP financial measures for financial and operational decision
making and as a means to evaluate period-to-period comparisons. The Company believes that these measures provide useful information about
operating results, enhance the overall understanding of past financial performance and future prospects, and allow for greater transparency with
respect to key metrics used by management in its financial and operational decision making.
For more information on the non-GAAP financial measures, please see the "Reconciliation of GAAP to Non-GAAP Financial Measures" table in this
press release. This accompanying table has more details on the GAAP financial measures that are most directly comparable to non-GAAP financial
measures and the related reconciliations between these financial measures. The Company has not reconciled its guidance as to free cash flow to cash
flow from operations because it does not provide guidance for cash flow from operations. As items that impact cash flow from operations are out of
the Company's control and/or cannot be reasonably predicted, the Company is unable to provide such guidance. Accordingly, a reconciliation to cash
flow from operations is not available without unreasonable effort.
Forward-Looking Statements
This press release contains forward-looking statements, within the meaning of the safe harbor provisions of the Private Securities Litigation Reform
Act of 1995 that involve risks and uncertainties. Such forward-looking statements may include projections regarding our future performance, including,
but not limited to revenue, collections and free cash flow, the availability, merchantability or functionality of certain new products or features and their
anticipated product demand and customer satisfaction, and may be identified by words like "anticipate," "assume," "believe," "continue," "could,"
"estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "outlook," "future," "will," "seek" and similar terms or phrases. The forward-
looking statements contained in this press release, including the full year guidance, are based on management's current expectations, which are
subject to uncertainty, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Important factors
that could cause our actual results to differ materially from those indicated in the forward-looking statements include, among others, our ability to grow
our user base and premium subscriptions; our ability to maintain and enhance our brand and reputation; our prediction of the future collections
generated by our user cohorts; our ability to manage the growth of our infrastructure effectively; our ability to effectively execute our initiatives to scale
and improve our user support function; customer acceptance of new products and other challenges inherent in new product development, changes
to technologies used in our solutions or in global, national, regional or local economic, business, competitive, market, regulatory and other factors
discussed under the heading "Risk Factors" in the Company's 2017 annual report on Form 20-F filed with the Securities and Exchange Commission
on March 29, 2018. Any forward-looking statement made by us in this press release speaks only as of the date hereof. Factors or events that could
cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to
publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise.
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