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  "documentTitle": "Wix | Investor Presentation Deck | 28 slides",
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  "authorName": "Wix",
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  "presentationDate": "2023-11-01 00:00:00",
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      "text": "2019: $128, 17%; 2020: $132, 13%; 2021: $51, 4%; 2022: $32, 2%; 2023E: $235-240, ~15%",
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      "text": "We expect to generate FCF margin excluding HQ investments of approximately 20-21% exiting 2023 as a result of better-than-expected top line growth coupled with our focus on efficiency",
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      "text": "*Free cash flow excludes HQ spend and associated costs in 2020-2023 and excludes ~$4.5 million of cash restructuring costs in 2023.",
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