OnlyFans, the subscription platform that caters to sexually explicit content creators, reported $5.55 billion in total spending by users for the fiscal year ended Nov. 30, 2022, up 16% from the year prior, with creators taking home nearly $4.5 billion of that.
U.K.-based OnlyFans generated a pre-tax net profit of $525 million for the most recent fiscal year, up 21% on an annual basis, according to a regulatory filing Thursday by parent company Fenix International. OnlyFans owner Leonid Radvinsky was paid $338 million in dividends for the 2022 fiscal year, up 19% from $284 million the year prior, as reported by Bloomberg.
OnlyFans creators keep 80% of the revenue their accounts generate, with the company taking a 20% cut. Of the $1.09 billion in OnlyFans’ net revenue for the 2022 fiscal year, 67% was derived from the U.S., 15% was from Europe and the U.K., and 18% was from the rest of the world.