Wix.Com Ltd

NASDAQ WIX

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Wix.Com Ltd Gross Profit Margin for the year ending December 31, 2023: 65.85%

Wix.Com Ltd Gross Profit Margin is 65.85% for the year ending December 31, 2023, a 6.08% change year over year. Gross Profit Margin represents the percentage of revenue that represents gross profit, indicating the efficiency of a company's production and pricing.
  • Wix.Com Ltd Gross Profit Margin for the year ending December 31, 2022 was 62.08%, a 0.91% change year over year.
  • Wix.Com Ltd Gross Profit Margin for the year ending December 31, 2021 was 61.52%, a -9.63% change year over year.
  • Wix.Com Ltd Gross Profit Margin for the year ending December 31, 2020 was 68.07%, a -8.17% change year over year.
  • Wix.Com Ltd Gross Profit Margin for the year ending December 31, 2019 was 74.13%, a -6.13% change year over year.
NASDAQ: WIX

Wix.Com Ltd

CEO Mr. Avishai Abrahami
IPO Date Nov. 6, 2013
Location Israel
Headquarters 40 Namal Tel Aviv Street, Tel Aviv, Israel, 6350671
Employees 5,235
Sector Technology
Industry Software - infrastructure
Description

Wix.com Ltd., together with its subsidiaries, operates as a cloud-based web development platform for registered users and creators worldwide. The company offers Wix Editor, a drag-and-drop visual development and website editing environment platform; and Wix ADI that enables users to have the freedom of customization that the classic editor offers. It also provides Wix Logo Maker that generates a logo, including through the use of artificial intelligence; Wix Answers to support users; and Payments by Wix, a payment platform, which helps its users receive payments from their customers through their Wix Website. In addition, the company offers various vertical-specific applications that business owners use to operate various aspects of their business online. Further, it provides a range of complementary services, including Wix App Market, a marketplace that offers its registered users various free and paid web applications for building, growing, and managing their businesses; Wix marketplace that brings users seeking help in creating and managing a website together with Web experts; and Wix owner App, a native mobile application, which enables users to manage their Websites and Wix operating systems. The company was formerly known as Wixpress Ltd. The company was incorporated in 2006 and is headquartered in Tel Aviv, Israel.

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StockViz Staff

September 16, 2024

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