Today my World Vital Records team let me see a sneak peek of what they have been working on for the last few weeks. We've been talking with genealogists around the world, attending conferences, and trying to create our company strategy. We have been acquiring large and small databases. There are so many wonderful companies and individuals in the genealogy industry that we are excited to partner with. We have been telling everyone that we are going to build the #2 genealogy company in the world. I guess we'll see if we can pull that off with the help of good partners and customers.
A few highlights from the Shutterfly S-1:
- $83.9 million in revenue last year with net income of $28.9 million (But $24 million was from a one-time tax benefit recognized in Q4 2005. The revenue growth is strong year over year.
- They have stored more than 900 million customer photos in their archives.
- They have sold 300 million prints in 11 million customer orders.
- 84% of their customers are female. This is a bit surprising to me.