Wix.com Ltd. (WIX) Financials

NASDAQ:WIX

Market Cap

5.35B

Total Revenue

1.39B

Gross Profit

861.44M

Operating Income

-285.35M

Net Income

-424.86M

Metric	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022
revenue	80,473,000	141,841,000	203,518,000	290,103,000	425,636,000	603,704,000	761,088,000	988,760,000	1,269,657,000	1,387,666,000
costOfRevenue	15,257,000	26,108,000	34,970,000	45,287,000	69,391,000	126,947,000	196,907,000	315,699,000	488,579,000	526,227,000
grossProfit	65,216,000	115,733,000	168,548,000	244,816,000	356,245,000	476,757,000	564,181,000	673,061,000	781,078,000	861,439,000
researchAndDevelopmentExpenses	29,660,000	57,832,000	77,647,000	105,368,000	153,635,000	198,912,000	250,791,000	320,278,000	424,937,000	482,861,000
sellingAndMarketingExpenses	53,776,000	97,742,000	120,010,000	156,512,000	204,435,000	249,178,000	307,718,000	438,210,000	512,027,000	492,886,000
generalAndAdministrativeExpenses	8,307,000	15,803,000	19,526,000	26,968,000	48,186,000	59,297,000	85,922,000	111,915,000	169,648,000	171,045,000
sellingGeneralAndAdministrativeExpenses	62,083,000	113,545,000	139,536,000	183,480,000	252,621,000	308,475,000	393,640,000	550,125,000	681,675,000	663,931,000
operatingExpenses	91,743,000	171,377,000	217,183,000	288,848,000	406,256,000	507,387,000	644,431,000	870,403,000	1,106,612,000	1,146,792,000
operatingIncome	-26,527,000	-55,644,000	-48,635,000	-44,032,000	-50,011,000	-30,630,000	-80,250,000	-197,342,000	-325,534,000	-285,353,000
totalOtherIncomeExpensesNet	-18,000	-14,000	-11,000	-4,000	76,000	-489,000	-3,566,000	-19,532,000	272,527,000	-182,490,000
ebitda	-25,298,000	-52,829,000	-43,000,000	-38,747,000	-41,545,000	-19,122,000	-63,536,000	-180,037,000	-306,653,000	-262,496,000
depreciationAndAmortization	1,229,000	2,815,000	5,635,000	5,285,000	8,466,000	11,508,000	16,714,000	17,305,000	18,881,000	22,857,000
interestIncome	154,000	415,000	242,000	847,000	1,182,000	9,607,000	19,792,000	16,391,000	10,474,000	19,422,000
interestExpense	262,000	-2,130,000	-66,000	-243,000	4,939,000	10,004,000	20,938,000	19,650,000	5,298,000	5,213,000
incomeBeforeTax	-27,148,000	-53,514,000	-48,569,000	-43,790,000	-54,950,000	-33,913,000	-83,816,000	-216,874,000	-53,007,000	-467,843,000
incomeTaxExpense	1,572,000	3,052,000	2,765,000	3,367,000	1,323,000	3,207,000	2,598,000	-354,000	64,202,000	-42,980,000
netIncome	-28,720,000	-56,566,000	-51,334,000	-47,157,000	-56,273,000	-37,120,000	-86,414,000	-216,520,000	-117,209,000	-424,863,000
eps	-2.48	-1.49	-1.3	-1.12	-1.24	-0.77	-1.71	-3.98	-2.06	-7.45
epsdiluted	-2.48	-1.49	-1.3	-1.12	-1.24	-0.77	-1.71	-3.98	-2.06	-7.45
weightedAverageShsOut	11,597,826	37,847,093	39,408,928	42,032,818	45,552,199	48,017,188	50,504,698	54,425,056	57,004,154	57,004,154
weightedAverageShsOutDil	11,597,826	37,847,093	39,408,928	42,032,818	45,552,199	48,017,188	50,504,698	54,425,056	57,004,154	57,004,154
costAndExpenses	107,000,000	197,485,000	252,153,000	334,135,000	475,647,000	634,334,000	841,338,000	1,186,102,000	1,595,191,000	1,673,019,000
otherExpenses	-18,000	-14,000	-11,000	-4,000	76,000	-489,000	55,000	118,000	584,000	1,023,000

Key Facts

Industry

Software—Infrastructure

Sector

Technology

Headquarters

Tel Aviv, , IL

Website

wix.com

CEO

Mr. Avishai Abrahami

Employees

4590

About the Company

Wix.com Ltd., together with its subsidiaries, develops and markets a cloud-based platform that enables anyone to create a website or web application in North America, Europe, Latin America, Asia, and internationally. The company offers Wix Editor, a drag-and-drop visual development and website editing environment platform; Wix ADI that enables users to create a website for their specific needs; and Corvid by Wix to create websites and web applications. It also provides Ascend by Wix, which offers its users access to a suite of approximately 20 products or features enabling them to connect with their customers, automate their work, and grow their business; Wix Logo Maker that allows users to generate a logo using artificial intelligence; Wix Answers, a support infrastructure enabling its users to help their users across various channels; and Wix Payments, a payment platform, which helps its users receive payments from their users through their Wix Website. In addition, the company offers various vertical-specific applications that business owners use to operate various aspects of their business online. Further, it provides a range of complementary services, including App Market that offers its registered users the ability to install and uninstall a range of free and paid web applications; Wix Arena, an online marketplace that brings users seeking help in creating and managing a website, together with Web experts; and Wix App, a native mobile application, which enables users to manage their Websites and Wix operating systems. As of December 31, 2021, the company had approximately 222 million registered users and 6 million premium subscriptions. The company was formerly known as Wixpress Ltd. Wix.com Ltd. was incorporated in 2006 and is headquartered in Tel Aviv, Israel.