Description
This is our first report on Wix, the popular website creation platform. The company released its Q3 2023 earnings and it reflected a period of strong performance and growth for the company, exceeding both growth and profitability expectations consecutively. The revenue for Q3 grew to $394 million, a figure $3 million above the high-end of Wix’s projected guidance. Furthermore, the financial period recorded over $62 million of free cash flow, accounting for 16% of revenues, greater than what the company anticipated. Riding on this success, Wix has increased revenue and free cash flow guidance for the rest of the year.
Our Report Structure:
⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures
Want unlimited access to our reports? Purchase our $99 annual subscription!