How did Wix's revenue and expenses trend in Q4 2024?

Wix's Revenue Trend in Q4 2024:

1. Wix.com reported a total revenue of $460.46 million for the fourth quarter of 2024.
2. This represents a significant increase in revenues, indicating a strong performance during the period.

3. Creative Subscriptions’ revenues increased by 10% year-over-year to $318.8 million, while Business Solutions’ revenues rose by 22% to $125.8 million.
4. Bookings of $449.8 million improved by 16% year-over-year. Creative Subscriptions’ bookings increased by 15% to $326.6 million, and Business Solutions’ bookings rose by 17% to $123.1 million.

Wix's Expense Trend in Q4 2024:

1. No results were found for Wix's operating expenses in Q4 2024.
2. However, from the third quarter earnings, we know that Wix had cash and cash equivalents of $439.4 million as of November 20, 2024, down from $802.4 million as of June 30, 2024.
3. Capital expenditures totaled $2.1 million.

The lack of available data on Wix's operating expenses for Q4 2024 limits a comprehensive analysis of the company's financial trends during the period. However, the information available suggests that Wix has been focusing on revenue growth, as evidenced by the significant increase in bookings and the contribution of both Creative Subscriptions and Business Solutions to this growth. The company's strategic investments in AI, such as the launch of the AI Site-Chat, are likely playing a role in driving both revenue and customer engagement.