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WIX| Name | Value |
|---|---|
| Revenues | 355.0M |
| Cost of Revenue | 128.8M |
| Gross Profit | 226.3M |
| Operating Expense | 258.9M |
| Operating I/L | -32.6M |
| Other Income/Expense | -12.5M |
| Interest Income | 0.0M |
| Pretax | -45.1M |
| Income Tax Expense | -6.1M |
| Net Income/Loss | -39.0M |
Wix.com Ltd. develops and markets a cloud-based platform that allows users to create websites and web applications. The company offers various tools such as Wix Editor, Wix ADI, and Corvid by Wix for website development. It also provides Ascend by Wix, Wix Logo Maker, Wix Answers, and Wix Payments to help users connect with customers, automate work, and receive payments. Additionally, Wix offers vertical-specific applications and complementary services like App Market, Wix Arena, and Wix App. With approximately 222 million registered users and 6 million premium subscriptions, Wix generates revenue through premium subscriptions, payments, and additional services.
