Wix.Com Ltd. - Understand $wix stock

$WIX Market Cap: $12.76 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$1.704B

TTM

Gross Margin

67.9%

TTM

Net Earnings

$93.25M

TTM

Current Assets

$1.070B

Q3 2024

Current Liabilities

$1.441B

Q3 2024

Current Ratio

74.25%

Q3 2024

Total Assets

$1.714B

Q3 2024

Total Liabilities

$1.914B

Q3 2024

Book Value

-$199.3M

Q3 2024

Cash

$439.4M

Q3 2024

P/E

136.9

Nov 29, 2024 EST

Free Cash Flow

$426.7M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Revenue	$1.562B	$1.388B	$1.270B	$988.8M	$761.1M	$603.7M	$425.6M	$290.1M	$203.5M	$141.8M	$80.50M	$43.70M	$24.60M	$9.900M
YoY Change	12.54%	9.29%	28.4%	29.92%	26.07%	41.85%	46.71%	42.56%	43.51%	76.15%	84.21%	77.64%	148.48%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Revenue	$1.562B	$1.388B	$1.270B	$988.8M	$761.1M	$603.7M	$425.6M	$290.1M	$203.5M	$141.8M	$80.50M	$43.70M	$24.60M	$9.900M
Cost Of Revenue	$512.5M	$526.2M	$488.6M	$315.7M	$196.9M	$126.9M	$69.40M	$45.30M	$35.00M	$26.10M	$15.30M	$9.200M	$5.300M	$2.200M
Gross Profit	$1.049B	$861.4M	$781.1M	$673.1M	$564.2M	$476.8M	$356.2M	$244.8M	$168.5M	$115.7M	$65.20M	$34.40M	$19.30M	$7.600M
Gross Profit Margin	67.18%	62.08%	61.52%	68.07%	74.13%	78.98%	83.69%	84.38%	82.8%	81.59%	80.99%	78.72%	78.46%	76.77%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Selling, General & Admin	$559.6M	$663.9M	$674.4M	$550.1M	$393.6M	$308.5M	$252.6M	$183.5M	$139.5M	$113.5M	$62.10M	$32.60M	$26.90M	$11.70M
YoY Change	-15.71%	-1.56%	22.6%	39.76%	27.59%	22.13%	37.66%	31.54%	22.91%	82.77%	90.49%	21.19%	129.91%
% of Gross Profit	53.34%	77.07%	86.35%	81.73%	69.76%	64.7%	70.92%	74.96%	82.79%	98.1%	95.25%	94.77%	139.38%	153.95%
Research & Development	$481.3M	$482.9M	$418.5M	$320.3M	$250.8M	$198.9M	$153.6M	$105.4M	$77.60M	$57.80M	$29.70M	$16.80M	$14.70M	$7.300M
YoY Change	-0.32%	15.38%	30.66%	27.71%	26.09%	29.49%	45.73%	35.82%	34.26%	94.61%	76.79%	14.29%	101.37%
% of Gross Profit	45.88%	56.05%	53.58%	47.59%	44.45%	41.72%	43.12%	43.06%	46.05%	49.96%	45.55%	48.84%	76.17%	96.05%
Depreciation & Amortization	$26.45M	$22.86M	$18.88M	$17.20M	$16.70M	$11.50M	$8.500M	$5.200M	$5.600M	$2.900M	$1.200M	$900.0K	$600.0K	$100.0K
YoY Change	15.71%	21.06%	9.77%	2.99%	45.22%	35.29%	63.46%	-7.14%	93.1%	141.67%	33.33%	50.0%	500.0%
% of Gross Profit	2.52%	2.65%	2.42%	2.56%	2.96%	2.41%	2.39%	2.12%	3.32%	2.51%	1.84%	2.62%	3.11%	1.32%
Operating Expenses	$1.041B	$1.147B	$1.107B	$870.4M	$644.4M	$507.4M	$406.2M	$288.8M	$217.2M	$171.4M	$91.70M	$49.40M	$41.70M	$19.00M
YoY Change	-9.23%	3.63%	27.14%	35.07%	27.0%	24.91%	40.65%	32.97%	26.72%	86.91%	85.63%	18.47%	119.47%
Operating Profit	$8.234M	-$285.4M	-$325.5M	-$197.3M	-$80.20M	-$30.60M	-$50.00M	-$44.00M	-$48.70M	-$55.70M	-$26.50M	-$15.00M	-$22.40M	-$11.40M
YoY Change	-102.89%	-12.34%	64.99%	146.01%	162.09%	-38.8%	13.64%	-9.65%	-12.57%	110.19%	76.67%	-33.04%	96.49%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Interest Expense	$62.47M	-$183.5M	$271.9M	-$22.00M	-$3.600M	-$2.800M	-$5.000M	$200.0K	$100.0K	$2.100M	-$300.0K	$500.0K	$0.00	$0.00
YoY Change	-134.04%	-167.48%	-1336.1%	511.11%	28.57%	-44.0%	-2600.0%	100.0%	-95.24%	-800.0%	-160.0%
% of Operating Profit	758.73%
Other Income/Expense, Net	-$255.0K	$1.023M	$584.0K	$69.20M	$100.0K	-$500.0K	$100.0K	$0.00	$0.00	$0.00	-$300.0K	$0.00	-$100.0K	$0.00
YoY Change	-124.93%	75.17%	-99.16%	69100.0%	-120.0%	-600.0%				-100.0%		-100.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Pretax Income	$37.84M	-$467.8M	-$53.01M	-$150.2M	-$83.80M	-$33.90M	-$55.00M	-$43.80M	-$48.60M	-$53.50M	-$27.10M	-$14.50M	-$22.50M	-$11.40M
YoY Change	-108.09%	782.61%	-64.71%	79.24%	147.2%	-38.36%	25.57%	-9.88%	-9.16%	97.42%	86.9%	-35.56%	97.37%
Income Tax	$4.702M	-$42.98M	$64.20M	$15.00M	$2.600M	$3.400M	-$1.800M	$3.100M	$2.800M	$3.100M	$1.600M	$500.0K	$200.0K	$100.0K
% Of Pretax Income	12.43%
Net Earnings	$33.14M	-$424.9M	-$117.2M	-$165.2M	-$86.40M	-$37.10M	-$56.30M	-$46.90M	-$51.30M	-$56.60M	-$28.70M	-$15.00M	-$22.70M	-$11.50M
YoY Change	-107.8%	262.48%	-29.05%	91.2%	132.88%	-34.1%	20.04%	-8.58%	-9.36%	97.21%	91.33%	-33.92%	97.39%
Net Earnings / Revenue	2.12%	-30.62%	-9.23%	-16.71%	-11.35%	-6.15%	-13.23%	-16.17%	-25.21%	-39.92%	-35.65%	-34.32%	-92.28%	-116.16%
Basic Earnings Per Share	$0.58	-$7.330K	-$2.060K	-$3.070K
Diluted Earnings Per Share	$0.57	-$7.33	-$2.056M	-$3.037M	-$1.711M	-$772.9K	-$1.235M	-$1.117M	-$1.302M	-$1.497M	-$788.5K	-$412.1K	-$623.6K	-$315.9K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Cash & Short-Term Investments	$962.9M	$1.063B	$1.320B	$1.036B	$726.5M	$703.7M	$233.3M	$171.3M	$110.0M	$86.00M	$101.3M	$7.500M	$10.40M
YoY Change	-9.46%	-19.41%	27.38%	42.59%	3.24%	201.63%	36.19%	55.73%	27.91%	-15.1%	1250.67%	-27.88%
Cash & Equivalents	$609.6M	$244.7M	$451.4M	$168.9M	$268.1M	$331.1M	$85.20M	$93.10M	$39.20M	$40.20M	$101.3M	$7.500M	$10.40M
Short-Term Investments	$353.3M	$818.8M	$868.2M	$867.1M	$458.4M	$372.6M	$148.1M	$78.20M	$70.80M	$45.80M
Other Short-Term Assets	$59.55M	$42.19M	$39.89M	$41.60M	$20.40M	$13.10M	$20.20M	$18.30M	$15.80M	$16.10M	$8.000M	$4.800M	$5.500M
YoY Change	41.15%	5.76%	-4.11%	103.92%	55.73%	-35.15%	10.38%	15.82%	-1.86%	101.25%	66.67%	-12.73%
Inventory
Prepaid Expenses
Receivables	$57.39M	$42.09M	$30.37M	$23.70M	$17.00M	$13.50M	$11.40M	$8.300M	$6.500M	$1.100M	$700.0K	$900.0K	$300.0K
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$1.080B	$1.148B	$1.390B	$1.101B	$763.8M	$730.3M	$264.9M	$197.9M	$132.3M	$103.1M	$110.0M	$13.20M	$16.10M
YoY Change	-5.92%	-17.42%	26.21%	44.17%	4.59%	175.69%	33.86%	49.58%	28.32%	-6.27%	733.33%	-18.01%
Property, Plant & Equipment	$557.5M	$309.3M	$151.5M	$124.3M	$111.0M	$21.90M	$16.20M	$8.800M	$8.700M	$7.200M	$4.200M	$2.300M	$2.200M
YoY Change	80.22%	104.15%	21.91%	11.98%	406.85%	35.19%	84.09%	1.15%	20.83%	71.43%	82.61%	4.55%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$64.81M	$195.0M	$387.3M	$536.9M	$177.3M	$47.20M
YoY Change	-66.76%	-49.67%	-27.86%	202.82%	275.64%
Other Assets	$25.81M	$23.03M	$41.55M	$87.70M	$9.900M	$3.100M	$3.800M	$2.600M	$2.200M	$1.900M	$1.100M	$600.0K	$300.0K
YoY Change	12.08%	-44.59%	-52.62%	785.86%	219.35%	-18.42%	46.15%	18.18%	15.79%	72.73%	83.33%	100.0%
Total Long-Term Assets	$725.4M	$610.6M	$670.0M	$792.3M	$335.9M	$114.5M	$65.10M	$16.80M	$17.10M	$15.30M	$5.400M	$2.900M	$2.500M
YoY Change	18.8%	-8.86%	-15.44%	135.87%	193.36%	75.88%	287.5%	-1.75%	11.76%	183.33%	86.21%	16.0%
Total Assets	$1.805B	$1.758B	$2.060B	$1.894B	$1.100B	$844.8M	$330.0M	$214.7M	$149.4M	$118.4M	$115.4M	$16.10M	$18.60M
YoY Change
Accounts Payable	$39.45M	$96.07M	$114.6M	$79.90M	$37.70M	$45.60M	$34.20M	$20.70M	$12.30M	$4.600M	$4.100M	$1.900M	$1.000M
YoY Change	-58.94%	-16.16%	43.41%	111.94%	-17.32%	33.33%	65.22%	68.29%	167.39%	12.2%	115.79%	90.0%
Accrued Expenses	$158.1M	$203.6M	$172.2M	$159.8M	$114.6M	$64.70M	$61.30M	$37.10M	$33.30M	$23.20M	$11.20M	$5.600M	$4.000M
YoY Change	-22.33%	18.24%	7.74%	39.44%	77.13%	5.55%	65.23%	11.41%	43.53%	107.14%	100.0%	40.0%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$0.00	$361.6M
YoY Change	-100.0%
Total Short-Term Liabilities	$790.2M	$1.190B	$774.3M	$617.0M	$444.2M	$340.4M	$302.4M	$206.8M	$148.1M	$96.50M	$51.70M	$26.00M	$15.30M
YoY Change	-33.63%	53.75%	25.49%	38.9%	30.49%	12.57%	46.23%	39.64%	53.47%	86.65%	98.85%	69.93%
Long-Term Debt	$569.7M	$566.6M	$923.0M	$834.4M	$359.9M	$339.0M	$1.200M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	0.56%	-38.62%	10.62%	131.84%	6.17%	28150.0%
Other Long-Term Liabilities	$492.7M	$249.7M	$144.0M	$125.1M	$86.20M	$12.50M	$14.30M	$9.700M	$4.300M	$2.500M	$1.400M	$600.0K	$300.0K
YoY Change	97.34%	73.38%	15.11%	45.13%	589.6%	-12.59%	47.42%	125.58%	72.0%	78.57%	133.33%	100.0%
Total Long-Term Liabilities	$1.062B	$816.2M	$1.067B	$959.5M	$446.1M	$351.5M	$15.50M	$9.700M	$4.300M	$2.500M	$1.400M	$600.0K	$300.0K
YoY Change	30.16%	-23.5%	11.2%	115.09%	26.91%	2167.74%	59.79%	125.58%	72.0%	78.57%	133.33%	100.0%
Total Liabilities	$1.860B	$2.022B	$1.914B	$1.592B	$891.9M	$692.5M	$318.7M	$217.2M	$153.2M	$99.80M	$53.10M	$26.60M	$15.50M
YoY Change	-8.01%	5.62%	20.25%	78.47%	28.79%	117.29%	46.73%	41.78%	53.51%	87.95%	99.62%	71.61%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020
Basic Shares Outstanding	56.83M shares	57.99M shares	57.00M shares	54.43M shares
Diluted Shares Outstanding	58.40M shares	57.99M shares	57.00M shares	54.43M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $12.762 Billion

About Wix.com Ltd.

Wix.com Ltd. operates a cloud-based website design and development platform. The website building platform belonging to the Company enables businesses and organizations to take their businesses, brands, and workflow online. The firm provides solutions that business owners can use to incorporate various aspects of their business on their websites, such as selling goods, making reservations, and scheduling and confirming appointments. The firm provides front-end solutions, as well as a back-end management dashboard. The firm has developed software applications for businesses in specific verticals, including retail and online stores, service providers, hotel and property management, music, and restaurants. These vertical applications are integrated into the Company's Website templates or can be installed on any existing Website and set up by the user without the need to write code.

Industry: Services-Computer Programming, Data Processing, Etc. Peers: