OnlyFans Users Spent $5.6 Billion on Porn-Friendly Creator Site in 2022, up 16%
variety.comTodd Spangler NY Digital Editor 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 17% 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 fiscal year, up 19% from $284 million the year prior, as reported by Bloomberg.
As of November 2022, OnlyFans had 3.18 million registered creators, an increase of 47%, while the number of users increased 27% to 238.8 million, per the filing. “The group anticipates that its commitment to being ‘creator first’ and providing the safest social media platform will provide a strong foundation to continue to drive revenue growth, profitability and brand awareness in the coming years,” the filing says.
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