Wix.com Ltd (WIX) Financials

Wix.com Ltd (WIX) is a leading website development platform that provides users with tools to create and manage their own websites. The company's income statement shows its financial performance over a specific period of time. It includes information on revenue, expenses, and net income. Wix.com Ltd reported total revenue of $607.2 million for the fiscal year ended December 31, 2020. Gross profit for the same period was $483.5 million. Net income attributed to stockholders was $43.5 million. The ebit, which stands for earnings before interest and taxes, was $46 million, while the ebitda, which stands for earnings before interest, taxes, depreciation, and amortization, was $100.2 million.

The balance sheet provides information about an organization's financial position at a particular point in time. Wix.com Ltd's total assets as of December 31, 2020, amounted to $2.48 billion. Total liabilities were $1.5 billion, resulting in stockholders' equity of $977.5 million. Net debt, which is calculated by subtracting cash equivalents from total debt, was $352.6 million. Cash equivalents were valued at $220.5 million. The company's cash flow statement shows the cash generated and used by its operating, investing, and financing activities. Operating cash flow for the fiscal year ended December 31, 2020, was $218.6 million, while investing cash flow was $167.3 million. Financing cash flow was $70.7 million. Finally, the company reported free cash flow of $51.3 million.