OnlyFans distributed $701 million (£523 million) in dividends to owner Leonid Radvinsky in 2024, according to recently filed accounts.
The filings show $497 million was paid to parent company Fenix International, which Radvinsky fully owns, up from $472 million the previous year. Radvinsky also received a further $204 million directly, taking his total dividends for the year to $701 million.
The UK-based company reported revenues of $1.4 billion in 2024, a 9% increase from 2023, while pre-tax profit rose 4% to $683.6 million.
OnlyFans processed $7.2 billion in subscriber revenue in 2024, up from $6.6 billion the year before. Creator accounts increased 13% to 4.6 million and subscriber numbers grew 24% to 377.5 million globally.
Fenix International is in discussions with a consortium led by US investment firm Forest Road Company about a potential $8 billion sale.
Under CEO Keily Blair, the platform has expanded beyond adult content into a wider range of creative fields. Founded in 2016 by Tim Stokely and acquired by Radvinsky in 2018, OnlyFans is headquartered in London and employs 46 people.
OnlyFans’ 2024 results underscore the continued growth and monetization potential of niche subscription-based platforms.
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