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WIX

Wix.com Ltd

$69.72

Earnings Summary

Revenue
$341.6Mn
Net Profits
$-227.29Mn
Net Profit Margins
-66.54%

Highlights

Revenue:

Wix.com Ltd’s revenue jumped 12.33% since last year same period to $341.6Mn in the Q1 2022. On a quarterly growth basis, Wix.com Ltd has generated 4.04% jump in its revenue since last 3-months.

Net Profits:

Wix.com Ltd’s net profit fell -86.68% since last year same period to $-227.29Mn in the Q1 2022. On a quarterly growth basis, Wix.com Ltd has generated -104.73% fall in its net profits since last 3-months.

Net Profit Margins:

Wix.com Ltd’s net profit margin fell -66.2% since last year same period to -66.54% in the Q1 2022. On a quarterly growth basis, Wix.com Ltd has generated -96.79% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Wix.com Ltd post its latest quarter earnings

EPS Estimate Current Quarter
-0.34
EPS Estimate Current Year
-0.34

Highlights

EPS Estimate Current Quarter:

Wix.com Ltd’s earning per share (EPS) estimates for the current quarter stand at -0.34 - a 46.88% jump from last quarter’s estimates.

EPS Estimate Current Year:

Wix.com Ltd’s earning per share (EPS) estimates for the current year stand at -0.34.

Key Ratios

Key ratios of the Wix.com Ltd post its Q1 2022 earnings

Earning Per Share (EPS)
-0.72
Return on Assets (ROA)
-0.1
Return on Equity (ROE)
-0.54
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Wix.com Ltd’s earning per share (EPS) fell -33.33% since last year same period to -0.72 in the Q1 2022. This indicates that the Wix.com Ltd has generated -33.33% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Wix.com Ltd’s return on assets (ROA) stands at -0.1.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Wix.com Ltd’s return on equity (ROE) stands at -0.54.

Dividend Per Share (DPS):

Wix.com Ltd declared 0 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-03-31
-0.64
-0.72
-12.5%

Company Information

Wix is leading the way with a cloud-based website development platform for over 189 million registered users worldwide today. The Wix website builder was founded on the belief that the Internet should be accessible to everyone to develop, create and contribute. Through free and premium subscriptions, Wix empowers millions of businesses, organizations, artists, and individuals to take their businesses, brands and workflow online. The Wix Editor, Wix ADI, Editor X, a highly curated App Market, Ascend by Wix and Corvid by Wix enable users to build and manage a fully integrated and dynamic digital presence. Wix's headquarters are in Tel Aviv with offices in Austin, Be'er Sheva, Berlin, Cedar Rapids, Denver, Dnipro, Dublin, Kiev, Los Angeles, Miami, New York, San Francisco, São Paulo, Tokyo and Vilnius.

Organisation
Wix.com Ltd
Headquarters
40 Namal Tel Aviv Street, Tel Aviv, Israel, 6350671
Employees
3869
Industry
Technology Services
CEO
Avishai Abrahami