• Wix average ebitda margin for 2023 was -4.97%, a 78.38% decline from 2022.
• Wix average ebitda margin for 2022 was -22.99%, a 11.82% decline from 2021.
• Wix average ebitda margin for 2021 was -20.56%, a 76.78% increase from 2020.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.