The owner of OnlyFans was paid £522 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% to 1.41 billion dollars (£1.05 billion) in 2024, compared with the previous year.
It took in around 7.2 billion dollars (£5.4 billion) from subscribers over the year, and paid out 5.8 billion dollars (£4.3 billion) of these back to creators.
OnlyFans reported that the total number of creator accounts producing content for the site grew by 13% 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% 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% to 683.6 million dollars (£509.5 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 dollars (£370 million) of dividends to Mr Radvinsky’s Fenix International over the year, with a further 204 million dollars (£152 million) of dividends between December and April.
Keily Blair, 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.”
