Wix.com Ltd. Files 2023 Annual Report

Ticker: WIX · Form: 20-F · Filed: 2024-03-22T00:00:00.000Z

Sentiment: neutral

Topics: annual-report, financials, 20-F

TL;DR

Wix filed its 2023 20-F, showing 2023 revenue for Creative Subscriptions and Business Solutions.

AI Summary

Wix.com Ltd. filed its 20-F for the fiscal year ending December 31, 2023. The company, formerly Wixpress Ltd., is incorporated in L3 and headquartered in Tel Aviv. Key financial data for 2023, 2022, and 2021, including Creative Subscriptions and Business Solutions revenue, is presented in USD.

Why It Matters

This filing provides investors with a comprehensive overview of Wix.com's financial performance and business operations for the 2023 fiscal year, crucial for understanding its market position and future prospects.

Risk Assessment

Risk Level: medium — As a publicly traded company, Wix.com faces market, operational, and regulatory risks inherent in the technology sector.

Key Numbers

Key Players & Entities

FAQ

What were the reported revenues for Wix's 'Creative Subscriptions' and 'Business Solutions' segments for the fiscal year 2023?

The filing indicates data for 'wix:CreativeSubscriptionMember' and 'wix:BusinessSolutionsMember' for the period 2023-01-01 to 2023-12-31, with values to be found within the full report.

When did Wix.com Ltd. change its name from Wixpress Ltd.?

The date of the name change from Wixpress Ltd. to Wix.com Ltd. was May 13, 2013.

What is the primary business address of Wix.com Ltd.?

The business address is 5 Yunitsman St., Tel Aviv, L3.

What is the Standard Industrial Classification (SIC) code for Wix.com Ltd.?

The SIC code listed is 7370, which corresponds to SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.

What is the SEC file number assigned to Wix.com Ltd.?

The SEC file number for Wix.com Ltd. is 001-36158.

From the Filing

0001576789-24-000011.txt : 20240322 0001576789-24-000011.hdr.sgml : 20240322 20240322061314 ACCESSION NUMBER: 0001576789-24-000011 CONFORMED SUBMISSION TYPE: 20-F PUBLIC DOCUMENT COUNT: 125 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240322 DATE AS OF CHANGE: 20240322 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Wix.com Ltd. CENTRAL INDEX KEY: 0001576789 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] ORGANIZATION NAME: 06 Technology IRS NUMBER: 000000000 STATE OF INCORPORATION: L3 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 20-F SEC ACT: 1934 Act SEC FILE NUMBER: 001-36158 FILM NUMBER: 24773032 BUSINESS ADDRESS: STREET 1: 5 YUNITSMAN ST. CITY: TEL AVIV STATE: L3 ZIP: 000000 BUSINESS PHONE: 97235454900 MAIL ADDRESS: STREET 1: 5 YUNITSMAN ST. CITY: TEL AVIV STATE: L3 ZIP: 000000 FORMER COMPANY: FORMER CONFORMED NAME: Wixpress Ltd. DATE OF NAME CHANGE: 20130513 20-F 1 wix-20231231.htm 20-F wix-20231231 false 2023 FY 0001576789 0001576789 2023-01-01 2023-12-31 0001576789 dei:BusinessContactMember 2023-01-01 2023-12-31 0001576789 2023-12-31 xbrli:shares iso4217:USD 0001576789 2022-12-31 iso4217:USD xbrli:shares 0001576789 wix:CreativeSubscriptionMember 2023-01-01 2023-12-31 0001576789 wix:CreativeSubscriptionMember 2022-01-01 2022-12-31 0001576789 wix:CreativeSubscriptionMember 2021-01-01 2021-12-31 0001576789 wix:BusinessSolutionsMember 2023-01-01 2023-12-31 0001576789 wix:BusinessSolutionsMember 2022-01-01 2022-12-31 0001576789 wix:BusinessSolutionsMember 2021-01-01 2021-12-31 0001576789 2022-01-01 2022-12-31 0001576789 2021-01-01 2021-12-31 0001576789 us-gaap:CommonStockMember 2020-12-31 0001576789 us-gaap:AdditionalPaidInCapitalMember 2020-12-31 0001576789 us-gaap:TreasuryStockCommonMember 2020-12-31 0001576789 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-12-31 0001576789 us-gaap:RetainedEarningsMember 2020-12-31 0001576789 2020-12-31 0001576789 us-gaap:CommonStockMember 2021-01-01 2021-12-31 0001576789 us-gaap:AdditionalPaidInCapitalMember 2021-01-01 2021-12-31 0001576789 us-gaap:TreasuryStockCommonMember 2021-01-01 2021-12-31 0001576789 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-01-01 2021-12-31 0001576789 us-gaap:RetainedEarningsMember 2021-01-01 2021-12-31 0001576789 us-gaap:CommonStockMember 2021-12-31 0001576789 us-gaap:AdditionalPaidInCapitalMember 2021-12-31 0001576789 us-gaap:TreasuryStockCommonMember 2021-12-31 0001576789 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-12-31 0001576789 us-gaap:RetainedEarningsMember 2021-12-31 0001576789 2021-12-31 0001576789 us-gaap:CommonStockMember 2022-01-01 2022-12-31 0001576789 us-gaap:AdditionalPaidInCapitalMember 2022-01-01 2022-12-31 0001576789 us-gaap:TreasuryStockCommonMember 2022-01-01 2022-12-31 0001576789 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-01-01 2022-12-31 0001576789 us-gaap:RetainedEarningsMember 2022-01-01 2022-12-31 0001576789 us-gaap:CommonStockMember 2022-12-31 0001576789 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001576789 us-gaap:TreasuryStockCommonMember 2022-12-31 0001576789 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0001576789 us-gaap:RetainedEarningsMember 2022-12-31 0001576789 us-gaap:CommonStockMember 2023-01-01 2023-12-31 0001576789 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-12-31 0001576789 us-gaap:TreasuryStockCommonMember 2023-01-01 2023-12-31 0001576789 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-01 2023-12-31 0001576789 us-gaap:RetainedEarningsMember 2023-01-01 2023-12-31 0001576789 us-gaap:CommonStockMember 2023-12-31 0001576789 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001576789 us-gaap:TreasuryStockCommonMember 2023-12-31 0001576789 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0001576789 us-gaap:RetainedEarningsMember 2023-12-31 xbrli:pure 0001576789 us-gaap:ComputerEquipmentMember srt:MinimumMember 2023-01-01 2023-12-31 0001576789 us-gaap:ComputerEquipmentMember

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