How much money does OnlyFans make? (Quick breakdown)

Join 10,000 investors: https://www.overlookedalpha.com The parent company of OnlyFans, Fenix International, just released its 2022 accounts and it shows just how much money OnlyFans is making. Over the course of 2022, 5.6 billion dollars passed through the OnlyFans platform. 80% of that was paid out to creators so total revenue for the company came in at 1.1 billion dollars and that was up 17% on the year before. Out of that 1.1 billion, the company reported a total profit before tax of 525 million which was an increase of 21% from the year before. That’s a gross margin of 48%. And as of November 2022, there were 3.2 million creators on the platform, up 47% and 239 million fans, up 27% #stocks #investing #finance #overlookedalpha