Evernote allows users to capture, organize, and find information across multiple platforms. Users can take notes, clip webpages, snap photos using their mobile phones, create to-dos, and record audio. All data is synchronized with the Evernote web service and made available to clients on Windows, Mac, Web, and mobile devices. Additionally, the Evernote web service performs image recognition on all incoming notes, making printed or handwritten text found within images searchable.
In September 2014, Evernote CEO Phil Libin announced that their user base had surpassed 100 million. Using publicly available information and pricing information released by Evernote, our estimate for 2014 revenue is approximately $165 million. Full analysis here.
*Based on Preferred Stock Price
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