Detail akcie Wix.com online

Business Summary: Wix.com Ltd. (Wix) is an Israel-based company engaged in the provision of a web development platform enabling businesses and organizations to take businesses, brands, and workflow online. The Company provides solutions that business owners can use to operate various aspects of their business online, such as selling goods, taking reservations, and scheduling and confirming appointments. These applications provide Wix registered users a bespoke front-end for customers visiting their Website, as well as a back-end management dashboard. The Company has developed these software applications for businesses in specific verticals, including retail and online stores, service providers, hotel and property management, music, and restaurants. These vertical applications are integrated into the Company's Website templates or can be installed on any existing Website and set up by the user and without the need to write code.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, Wix.Com Ltd revenues increased 13% to $1.56B. Net income totaled $33.1M vs. loss of $424.9M. Revenues reflect United States segment increase of 22% to $864.5M, Europe segment increase of 9% to $380.5M. Net Income reflects FV Adjustments of Financial Investments increase from $200.3M (expense) to $30.6M (income), Advertising Expense decrease of 36% to $142.8M (expense).