WixCom Historical Income Statement
| WIX Stock | USD 124.55 1.93 1.57% |
Historical analysis of WixCom income statement accounts such as Depreciation And Amortization of 27.8 M, Interest Expense of 5.8 M, Selling General Administrative of 168 M or Selling And Marketing Expenses of 243 M can show how well WixCom performed in making a profits. Evaluating WixCom income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of WixCom's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining WixCom latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether WixCom is a good buy for the upcoming year.
WixCom |
About WixCom Income Statement Analysis
WixCom Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to WixCom shareholders. The income statement also shows WixCom investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
WixCom Income Statement Chart
WixCom Income Statement is one of the three primary financial statements used for reporting WixCom's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of WixCom revenue and expense. WixCom Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, WixCom's Cost Of Revenue is fairly stable compared to the past year. Income Before Tax is likely to rise to about 39.7 M in 2024, whereas Selling And Marketing Expenses is likely to drop slightly above 243 M in 2024. Add Fundamental
Total Revenue
Total revenue comprises all receipts WixCom generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of WixCom minus its cost of goods sold. It is profit before WixCom operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most accounts from WixCom's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into WixCom current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WixCom. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy WixCom Stock please use our How to Invest in WixCom guide.At this time, WixCom's Cost Of Revenue is fairly stable compared to the past year. Income Before Tax is likely to rise to about 39.7 M in 2024, whereas Selling And Marketing Expenses is likely to drop slightly above 243 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 5.3M | 5.2M | 4.2M | 5.8M | Depreciation And Amortization | 18.9M | 22.9M | 26.4M | 27.8M |
WixCom income statement Correlations
Click cells to compare fundamentals
WixCom Account Relationship Matchups
High Positive Relationship
High Negative Relationship
WixCom income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 16.7M | 17.3M | 18.9M | 22.9M | 26.4M | 27.8M | |
| Interest Expense | 20.9M | 19.7M | 5.3M | 5.2M | 4.2M | 5.8M | |
| Selling General Administrative | 85.9M | 111.9M | 169.6M | 171.0M | 160.0M | 168.0M | |
| Selling And Marketing Expenses | 307.7M | 438.2M | 512.0M | 492.9M | 399.6M | 243.0M | |
| Total Revenue | 761.1M | 988.8M | 1.3B | 1.4B | 1.6B | 1.6B | |
| Gross Profit | 564.2M | 673.1M | 781.1M | 861.4M | 1.0B | 1.1B | |
| Other Operating Expenses | 841.3M | 1.2B | 1.6B | 1.7B | 1.6B | 1.6B | |
| Operating Income | (80.3M) | (197.3M) | (325.5M) | (285.4M) | 8.2M | 8.6M | |
| Ebit | (80.3M) | (197.3M) | (325.5M) | (285.4M) | 8.2M | 8.6M | |
| Research Development | 250.8M | 320.3M | 424.9M | 482.9M | 470.7M | 494.3M | |
| Ebitda | (63.5M) | (180.0M) | (306.7M) | (262.5M) | 34.7M | 36.4M | |
| Cost Of Revenue | 196.9M | 315.7M | 488.6M | 526.2M | 533.2M | 559.9M | |
| Total Operating Expenses | 644.4M | 870.4M | 1.1B | 1.1B | 1.0B | 517.1M | |
| Income Before Tax | (83.8M) | (216.9M) | (53.0M) | (467.8M) | 37.8M | 39.7M | |
| Total Other Income Expense Net | (3.6M) | (19.5M) | 272.5M | (182.5M) | 29.6M | 31.1M | |
| Net Income | (86.4M) | (216.5M) | (117.2M) | (424.9M) | 33.1M | 34.8M | |
| Income Tax Expense | 2.6M | (354K) | 64.2M | (43.0M) | 4.7M | 3.5M | |
| Net Income From Continuing Ops | (86.4M) | (216.5M) | (117.2M) | (424.9M) | (8.8M) | (9.2M) | |
| Net Income Applicable To Common Shares | (86.4M) | (165.2M) | (117.2M) | (424.9M) | (382.4M) | (363.3M) | |
| Tax Provision | 2.6M | (354K) | 64.2M | (43.0M) | (6.7M) | (6.4M) | |
| Interest Income | 19.8M | 16.4M | 10.5M | 19.4M | 45.2M | 47.4M | |
| Net Interest Income | (1.7M) | (19.7M) | 271.9M | (183.5M) | 239.8M | 251.7M | |
| Reconciled Depreciation | 16.7M | 17.2M | 18.9M | 22.9M | 25.0M | 18.9M |
WixCom Investors Sentiment
The influence of WixCom's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in WixCom. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to WixCom's public news can be used to forecast risks associated with an investment in WixCom. The trend in average sentiment can be used to explain how an investor holding WixCom can time the market purely based on public headlines and social activities around WixCom. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
WixCom's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for WixCom's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average WixCom's news discussions. The higher the estimated score, the more favorable is the investor's outlook on WixCom.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards WixCom in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, WixCom's short interest history, or implied volatility extrapolated from WixCom options trading.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether WixCom offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WixCom's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wixcom Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wixcom Stock:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WixCom. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy WixCom Stock please use our How to Invest in WixCom guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for WixCom Stock analysis
When running WixCom's price analysis, check to measure WixCom's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy WixCom is operating at the current time. Most of WixCom's value examination focuses on studying past and present price action to predict the probability of WixCom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WixCom's price. Additionally, you may evaluate how the addition of WixCom to your portfolios can decrease your overall portfolio volatility.
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Bonds Directory Find actively traded corporate debentures issued by US companies |
Is WixCom's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of WixCom. If investors know WixCom will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about WixCom listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.57 | Revenue Per Share 27.48 | Quarterly Revenue Growth 0.137 | Return On Assets 0.0021 | Return On Equity (7.54) |
The market value of WixCom is measured differently than its book value, which is the value of WixCom that is recorded on the company's balance sheet. Investors also form their own opinion of WixCom's value that differs from its market value or its book value, called intrinsic value, which is WixCom's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because WixCom's market value can be influenced by many factors that don't directly affect WixCom's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between WixCom's value and its price as these two are different measures arrived at by different means. Investors typically determine if WixCom is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WixCom's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.