Overview
- Company filings show platform transactions reached about $7.2 billion in the 12 months to Nov. 30, 2024, generating roughly $1.4 billion in revenue and $684 million pretax profit.
- User accounts climbed to about 377.5 million and creator accounts to 4.6 million by year-end 2024, up 24% and 13% respectively.
- Leonid Radvinsky’s record dividend comes as he negotiates a potential majority sale that the Financial Times reports could value OnlyFans near $7 billion.
- A consortium led by The Forest Road Company is reported as a leading bidder, with the Reuben brothers also in discussions, according to the coverage.
- OnlyFans says it is investing in face scans and age verification to meet tighter UK and European rules, while expanding non-erotic programming through OFTV.