The owner of OnlyFans was paid more than €600 million in dividends last year as the streaming site best known for hosting adult content saw user numbers jump by almost a quarter.
It comes as the UK-based business prepares for a potential multibillion pound sale later this year.
Freshly-filed Companies House accounts showed that revenues grew by 9 per cent to $1.41 billion (€1.2 billion) in 2024, compared with the previous year.
In 2024 OnlyFans continued to grow its revenue and global user base... With a number of significant brand and individual partnerships, particularly in sport, OnlyFans continued to enhance its reputation as a foundational element of the wider creator economy
It took in around $7.2 billion from subscribers over the year, and paid out $5.8 billion of these back to creators.
OnlyFans reported that the total number of creator accounts producing content for the site grew by 13 per cent to 4.6 million as more people used it as an opportunity to make a living.
Meanwhile, the number of fan accounts of people paying to access content on the platform jumped by 24 per cent to 377.5 million globally.
The company is headquartered and pays tax in the UK but makes the majority of its money in the US.
The group also reported that pre-tax profits grew by 4 per cent to $683.6 million for the year.
The stronger financial performance led to another significant cash windfall owner Ukrainian-American entrepreneur Leonid Radvinsky.
Accounts showed that OnlyFans paid out $497 million of dividends to Mr Radvinsky’s Fenix International over the year, with a further $204 million of dividends between December and April.
Keily Blair, the Dublin-born chief executive of OnlyFans, said: “In 2024 OnlyFans continued to grow its revenue and global user base.
“We expanded in new verticals, demonstrating the strength and potential of the platform across a wide range of genres.
“With a number of significant brand and individual partnerships, particularly in sport, OnlyFans continued to enhance its reputation as a foundational element of the wider creator economy.”
