The OnlyFans platform has reported a huge year for revenue and profits for 2023. Earlier this week, the company filed a report showing that its platform hit record numbers last year and that they’re not looking to slow down anytime soon.
According to reports, the number of people who have joined OnlyFans has gone up 29 percent, with 4.12 million creators on the platform now. In addition, gross payments for creators increased by 19 percent, which saw the $5.55 billion in 2022 earnings skyrocket to $6.63 billion this year.
In simpler terms, OnlyFans creators got paid this year as they earned total payouts of $5.32 billion in 2023, an average of about $1.3 million per creator. On the other hand, OnlyFans’ net revenue went up 20 percent to $1.31 billion, and its pre-tax profit increased by 25 percent or $658 million.
OnlyFans was founded in 2016, and it has taken pride in putting creators first. The company claims its one of the safest adult-oriented platforms and creators earn 80 percent of all payments made through it.
“OnlyFans’ mission is to empower content creators to own their full potential by building the safest social media platform and providing unparalleled opportunities to our user community,” the company said in a statement. “The media content on OnlyFans.com can only be shared or accessed by registered users who are over 18 years old and who have successfully completed the Creator or Fan onboarding process.”
The platform also took pride in continuing to “garner significant media attention due to its novel business model, inclusive content policy and the success of many Creators. The Group will continue to develop its public and government relations strategy to address misconceptions regarding the Group as reported in the media.”
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