OnlyFans owner paid 359m dividend as company's revenues grow 20% in a year
Briefly

from www.theguardian.com5 months ago
OnlyFans saw remarkable growth in 2023, achieving $1.3bn in revenues, a 20% increase, while its pre-tax profit rose by 25% to $658m.
www.theguardian.comhttps://www.theguardian.com/technology/article/2024/sep/06/onlyfans-owner-paid-359m-dividend-as-companys-revenues-grow-20-in-a-year
Leonid Radvinsky received a $472m dividend in 2023, totaling nearly $1.3bn from OnlyFans since 2020, highlighting significant financial returns.
www.theguardian.comhttps://www.theguardian.com/technology/article/2024/sep/06/onlyfans-owner-paid-359m-dividend-as-companys-revenues-grow-20-in-a-year
Keily Blair, CEO of OnlyFans, emphasized the platform's success in connecting creators with fans, stating, 'We have cemented our place as a leading digital entertainment company.'
www.theguardian.comhttps://www.theguardian.com/technology/article/2024/sep/06/onlyfans-owner-paid-359m-dividend-as-companys-revenues-grow-20-in-a-year
In 2023, users spent a record $6.6bn on OnlyFans, marking the rise of non-subscription revenue as a significant generator for the platform.
www.theguardian.comhttps://www.theguardian.com/technology/article/2024/sep/06/onlyfans-owner-paid-359m-dividend-as-companys-revenues-grow-20-in-a-year
Read at www.theguardian.com
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