Wix
our focused investment in product as well as our efficient user acquisition and branding strategies continue to have meaningful positive impacts on our overall business growth and financial results was no exception as we achieved record quarterly financial performance while once again exceeding the high end of our financial guidance for all key metrics our performance was highlighted by accelerating collections growth to and revenue growth to year over year record conversion of registered users to premium subscriptions record collections per new annual subscription in the us and greater adoption of our vertical solutions we also achieved a major milestone by delivering our first quarterly non profit the inflection to non profitability was than expected highlighting the flexibility and of our low fixed cost model the fourth quarter capped what was a truly exceptional year for in collections grew over the prior year faster growth than in revenue grew year over year fourth quarter financial highlights million million million million million net premium subscriptions increased by nearly to million full year financial highlights over the prior year collections per new annual subscription in the us increased year over year to registered users increased million to million free cash flow increased year over year to million we generated more free cash flow in than in all of released many new products and updates to our platform including the mobile and several vertical solutions including market leading portfolio features for photographers million million million | Wix
Company
Wix
Deck Type
Sector
Industry
Deck date
February 2017
Slide
2 of 16
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