OnlyFans paid $701 million in dividends last year to owner Leonid Radvinsky, bringing total dividends since his acquisition to more than $1 billion.
In fiscal 2024 the platform distributed $497 million to parent company Fenix International, up from $472 million the previous year, and made an additional $204 million in five tranches between December and April.
Headquartered in the UK with its largest market in the United States, OnlyFans reported $1.4 billion in revenue for 2024, a 9% year-over-year increase, and pre-tax profit of $683.6 million, up 4%. The company operates with 46 employees.
User engagement grew across the platform: creator accounts rose 13% to 4.6 million and fan accounts increased 24% to 377.5 million. Subscriber payments totaled $7.2 billion in 2024, up from $6.6 billion the previous year.
Creators receive an 80:20 revenue split with OnlyFans. The company has diversified into new content verticals beyond traditional adult entertainment, a strategy highlighted by CEO Keily Blair.
Market interest remains strong, with talks led by US investment firm Forest Road Company about a potential $8 billion sale that would alter the digital content subscription landscape.
The company’s recent financial performance and user growth underscore continued profitability and scaling as it seeks to broaden appeal to creators and subscribers.
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