OnlyFans reported strong financial results for the 2024 fiscal year, paying $701 million in dividends to owner Leonid Radvinsky and more than $1 billion in total payouts to date. Parent company Fenix International received $497 million in dividends, an increase from the prior year, and an additional $204 million was paid in multiple tranches.
The company generated $1.4 billion in revenue, a 9% rise from the previous year, and posted a pre-tax profit of $683.6 million.
OnlyFans’ user base includes 4.6 million creator accounts and 377.5 million fan subscriptions. Total subscriber revenue reached $7.2 billion, up from $6.6 billion, driven by higher engagement and increased creator earnings under its revenue-sharing model.
These results have bolstered ongoing negotiations for a potential $8 billion sale led by a consortium that includes the US-based Forest Road Company, reflecting sustained market interest despite competitive pressures and regulatory scrutiny.
Owner Leonid Radvinsky’s leadership has expanded direct monetization options for performers and influencers. As OnlyFans navigates potential ownership changes, its recent financial performance underlines its role in the development of subscription-based digital content.
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