OnlyFans reported $1.4 billion in revenue for the 2024 financial year, a 9% increase from the previous year. Pre-tax profits rose 4% to $683.6 million.
Owner Leonid Radvinsky received $701 million in dividends in 2024. OnlyFans paid $497 million in dividends to its parent company, Fenix International, which is entirely owned by Radvinsky, plus an additional $204 million through multiple installments. Radvinsky has received more than $1 billion in dividends to date.
Creator numbers increased 13% to 4.6 million, while fan subscriptions rose 24% to 377.5 million. Subscriber payments totaled $7.2 billion.
OnlyFans’ subscription model allows independent content creators, particularly in adult entertainment, to monetize directly from paying subscribers, shifting revenue away from traditional media intermediaries.
The company is positioned for further growth and is reportedly a candidate for a potential multibillion-dollar sale to a consortium led by Forest Road Company, reflecting sustained investor interest.
OnlyFans’ financial performance and user growth underscore its role as a significant player in digital content monetization.
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