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Wix.com Ltd. (WIX)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14
   20-F20-F20-F20-F20-F20-F20-F20-F
Revenues  1,269.7984.4757.7603.7425.6290.1203.5141.8
            Revenues growth  29.0%29.9%25.5%41.8%46.7%42.5%43.5%76.3%
Cost of Revenues  488.6313.0194.8126.969.445.335.026.1
    Gross profit  781.1671.3562.8476.8356.2244.8168.5115.7
            Gross margin  61.5%68.2%74.3%79.0%83.7%84.4%82.8%81.6%
Research and development, net  424.9320.3250.8198.9153.6105.477.657.8
Selling and marketing  512.0438.2307.7249.2204.4156.5120.097.7
General and administrative  169.6111.985.959.348.227.019.515.8
    Total operating expenses  1,106.6870.4644.4507.4406.3288.8217.2171.4
    Operating loss  -325.5-199.1-81.6-30.6-50.0-44.0-48.6-55.6
            Operating margin  -25.6%-20.2%-10.8%-5.1%-11.7%-15.2%-23.9%-39.2%
Financial income (expenses), net  271.947.1-3.6-2.8-5.00.20.12.1
Other income  0.60.10.1-0.50.10.00.00.0
    Loss before taxes on income  -53.0-151.9-85.2     
Taxes on income  64.215.02.63.21.33.12.83.1
    Net loss  -117.2-166.9-87.7-37.1-56.3-46.9-51.3-56.6
   
Other comprehensive loss:          
Unrealized gains (loss) from marketable securities, net  -4.72.91.2     
Unrealized gains (loss) on cash flow hedge, net  -5.85.11.9     
   
    Other comprehensive income (loss) for the year, net          
    Total comprehensive loss  -127.7-158.8-84.7-38.5-56.2-47.0-48.6-59.3
   
Basic and diluted net loss per ordinary share  ($2.06)($3.07)($1.74)($0.77)($1.24)($1.12)($1.30)($1.49)

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