For investors
Consumer software, run like a portfolio.
Evergreen Apps operates a diversified book of app assets — built, bought and partnered — with shared infrastructure driving margin no single app could afford alone.
The investment logic
01 — MARKET
Consumer app spend reached $167 billion in 2025 and is projected to surpass $200 billion in 2026. Non-game apps now out-earn games and grow 21% year over year.
Source: Sensor Tower, State of Mobile 2026
02 — STRUCTURE
Supply exploded to roughly 15,000 new subscription apps monthly, but returns concentrate: top-decile apps grow MRR 306%+ while the median grows 5.3%. Concentration rewards operators with distribution and monetization infrastructure.
Source: RevenueCat, State of Subscription Apps 2026
03 — MARGIN EVENT
Post-Epic and DMA payment liberalization structurally re-rates app margins: replacing 15–30% store commission with roughly 4% processing adds up to 26 points of gross margin on shifted volume. Few operators have the stack. We built it.
Regulatory position summarized as of mid-2026
The flywheel
01
Cash flow from operated apps
02
Funds studio builds and acquisitions
03
Shared infra lifts every asset
04
Portfolio LTV compounds
LOOP REPEATS — EACH TURN LOWERS COST OF THE NEXT
KPI snapshot — illustrative*
| Portfolio ARR | $X.XM* |
| Blended payback | <6 months* |
| Portfolio apps | 12* |
| Infra-driven margin uplift | +9 pts* |
Figures marked * are placeholders pending audited reporting.
Data room
Investor memorandum and data room available under NDA.