Wix net Worth

Net value Wix

What is wix.com worth? How Oath et nos partenaires vous offrent une meilleure publicité

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Wix, worth .5 billion.

Israel's website construction site has a stock market value close to 100 US dollars; the initial public offering in 2013 was 16.50 US dollars. Following an increase of 66% this year, the stock is close to $100. In the following month, the stock climbed to a high of $31 in February 2014. Then it dropped back, and over a long time the stock was trading in the $18-25 area.

Baltimore's biggest stockholder is the wealth manager T. Rowe Price, which owns a 14.1% share and currently has a value of around 635 million US dollars. Further major US U.S. institutional investors include 8.5% of US $382 million in the form of Staadfast and 5.5% of US $248 million in the form of Fidelity. Avishai Abrahami CEO Wix owns 156 million dollars worth of stock and has made a 62.3 million dollars cash profit this year.

By the end of the first three months, Wix had 125 million enrolled members, of whom 3.5 million were paid-based. In recent years, the increase in the number of paid subscription accounts has led to significant sales increases. Sales have increased by more than 40% over the last three years, and in 2018 sales are forecast to grow by 40% to $594-597 million.

The free cash stream has also increased over the past three years, albeit less steadily than sales, from $15 million in 2015 to $71 million in 2017, with $100-102 million expected for the year. In spite of strong momentum, Wix's non-GAAP results for the quarter continue to fluctuate between net income and net losses.

For the first three months of 2018, it recorded a net loss of $2.1 million, a net income of $7.2 million for the final three months of 2017 and a net income of $0.3 million for the third three months. By the end of the first quarter of this year, Wix had $266 million in currency after earning $24. 8 million in the district from periodic cash flow.

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