The high level of demand for Wix's solutions and the resulting rapid revenue growth are impressive, but so is the strong cash flow the tech company is generating. The company currently expects total 2020 free cash flow to be between $122 to $127 million.
Zooming out over the past five years, Wix's annual free cash flow has risen from $14 million in 2015 to $127 million in 2019. It wouldn't be surprising to see this important profitability metric continue improving rapidly.
Zooming out over the past five years, Wix's annual free cash flow has risen from $14 million in 2015 to $127 million in 2019. It wouldn't be surprising to see this important profitability metric continue improving rapidly.