Few words about our earnings yesterday and how we think about the future First, Q3 was a clean beat and raise with quarterly growth Y/Y at 14% for both revenues and bookings and cash flow margin at 32% (rule of 46) These results are mainly Wix based (Base44 growth is excellent but still small numbers compared to Wix) and led to the annual guidance raise The solid Q3 (following similar results in the 1st half of the year) is testament to the strength of the Wix brand, with almost 300m signed-up users globally and many millions who rely on us every month, to support their business and livelihood We are also projecting certain ramp up in expenses associated with the explosive growth of Base 44 - AI costs and marketing investments We received quite a lot of questions from the investor community about Base 44 and it's potential for profitability. These are natural concerns for public market investors, however it's important to remember that Base44 is in diapers :) yet we are very confident that we know how to continue it's growth trajectory to future profitability, just like we did with Wix We saw the stock pullback yesterday and it's never an enjoyable moment, that being said we are sure that our investments will serve to maintain and expand Wix's position as a leader in supporting businesses and entrepreneurs all across the globe @Avishai_ab