{
  "docId": "019de517-918e-744e-bd99-04c9abc49942",
  "docSlug": "a3503cc450fae1e9908e992b8792f6c2",
  "documentTitle": "Wix | Investor Presentation Deck | 28 slides",
  "authorId": "wix",
  "authorName": "Wix",
  "documentKindSlug": "pitchdeck",
  "documentKindLabel": "Pitch deck",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2023-11-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 24,
  "pageCount": 28,
  "prevPage": 23,
  "nextPage": 25,
  "slideType": "appendix_data",
  "function": "appendix",
  "density": "dense",
  "nDataPoints": 276,
  "notes": null,
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de517-918e-744e-bd99-04c9abc49942/24",
  "deckHref": "/decks/019de517-918e-744e-bd99-04c9abc49942",
  "deckJsonHref": "/decks/019de517-918e-744e-bd99-04c9abc49942.json",
  "deckAnchorHref": "/decks/019de517-918e-744e-bd99-04c9abc49942#slide-24",
  "components": [
    {
      "bbox": {
        "h": 0.013,
        "w": 0.259,
        "x": 0.049,
        "y": 0.953
      },
      "kind": "paragraph",
      "text": "Company Overview | Third Quarter 2023",
      "attrs": {},
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "07a2f1bb-fb7b-4e4b-a207-46209a6f673e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.013,
        "w": 0.259,
        "x": 0.049,
        "y": 0.913
      },
      "kind": "source-note",
      "text": "Note: Numbers may not add due to rounding.",
      "attrs": {},
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a3400b0d-9fec-46a4-9c63-850392320f8f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.71,
        "w": 0.913,
        "x": 0.043,
        "y": 0.15
      },
      "kind": "table",
      "text": "in 000s\n2021 Q1 Q2 Q3 Q4\n2022 Q1 Q2 Q3 Q4\n2023 Q1 Q2 Q3\nFY 2020 FY 2021 FY 2022\nGross Profit $186,980 $194,663 $197,914 $201,521 $206,848 $210,367 $217,948 $226,276 $244,598 $262,083 $264,798 $671,348 $781,078 $861,439\nShare based compensation expenses $3,501 $3,809 $4,057 $4,095 $4,231 $4,555 $4,418 $4,607 $4,238 $3,479 $3,621 $9,127 $15,462 $17,811\nAcquisition related expenses $167 $112 $108 $97 $81 $59 - $24 $183 $17 $765 $484 $140\nAmortization $97 $358 $930 $645 $761 $759 $759 $689 $667 $667 $668 $316 $2,030 $2,968\nNon GAAP Gross Profit $190,745 $198,942 $203,009 $206,358 $211,921 $215,740 $223,125 $231,572 $249,527 $266,412 $269,104 $681,556 $799,054 $882,358\nNon GAAP Gross margin 63% 63% 63% 62% 62% 62% 65% 65% 67% 68% 68% 69% 63% 64%\nGross Profit - Creative Subscriptions $170,690 $177,620 $183,490 $185,880 $190,095 $191,925 $199,031 $206,841 $220,646 $235,039 $237,447 $615,917 $717,680 $787,892\nShare based compensation expenses $2,586 $2,887 $2,947 $3,026 $3,385 $3,608 $3,503 $3,437 $3,151 $2,562 $2,673 $7,140 $11,446 $13,933\nNon GAAP Gross Profit - Creative Subscriptions $173,276 $180,507 $186,437 $188,906 $193,480 $195,533 $202,534 $210,278 $223,797 $237,601 $240,120 $623,057 $729,126 $801,825\nNon GAAP Gross margin - Creative Subscriptions 77% 77% 77% 77% 76% 76% 78% 79% 80% 83% 83% 80% 77% 77%\nGross Profit - Business Solutions $16,290 $17,043 $14,424 $15,641 $16,753 $18,442 $18,917 $19,435 $23,952 $27,044 $27,351 $55,431 $63,398 $73,547\nShare based compensation expenses $915 $922 $1,110 $1,069 $846 $947 $915 $1,170 $1,087 $917 $948 $1,987 $4,016 $3,878\nAcquisition related expenses $167 $112 $108 $97 $81 $59 - $24 $183 $17 $765 $484 $140\nAmortization $97 $358 $930 $645 $761 $759 $759 $689 $667 $667 $668 $316 $2,030 $2,968\nNon GAAP Gross Profit - Business Solutions $17,469 $18,435 $16,572 $17,452 $18,441 $20,207 $20,591 $21,294 $25,730 $28,811 $28,984 $58,499 $69,928 $80,533\nNon GAAP Gross margin - Business Solutions 23% 23% 21% 20% 21% 23% 24% 24% 27% 28% 28% 29% 22% 23%",
      "attrs": {},
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a007604d-07d7-43d6-97d6-8396dd525d93",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.52,
        "x": 0.049,
        "y": 0.049
      },
      "kind": "title",
      "text": "Reconciliation of GAAP to Non-GAAP\nFinancial Measures",
      "attrs": {},
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3f60095b-8a74-4949-9514-508d0bc30147",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Table data",
      "slug": "table-data",
      "agent": null,
      "layer": "slide",
      "matchId": "7e6bcfd3-a2b9-4cf8-8e0c-8555c44333b0",
      "evidence": "table/data: in 000s",
      "confidence": 0.9
    }
  ],
  "frameworks": [],
  "arcBeats": [],
  "loops": [
    {
      "to": 25,
      "from": 20,
      "name": "Quick Win Big Bet",
      "slug": "47-quick-win-big-bet",
      "bestFor": "Transformation planning, 100-day plans, resource allocation",
      "matchId": "df2c2b22-7abc-42b1-a83f-848e75087524",
      "evidence": "The deck discusses Wix's free cash flow and growth prospects.",
      "position": 1,
      "objective": "Emphasize Wix's free cash flow generation and future growth prospects",
      "structure": "The Full List -> Quick Wins (Low effort, High impact) -> Big Bets (High effort, High impact) -> Sequenced Roadmap",
      "confidence": 0.6,
      "description": "Separate initiatives into immediate wins and longer-term strategic bets"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}