OnlyFans, a site used by creators to host subscription services, has reported its users spent a combined total of $5.5bn (£4.4bn) in its last financial year.
The London-based business has 3.1 million creators, up by 47% from the year before, monetising their own exclusive content.
According to the Companies House report it took home a revenue of over £1bn for the period ending 30 November 2022.
“As OnlyFans continues to grow, the group continues to invest in the scaling and development of the platform and product development to better serve the creator community and to enhance its best-in-class safety controls,” states the Companies House accounts report.
It leaves OnlyFans with a pre-tax profit of $525m (£417.1m) and a total profit of $403.7m (£320.7m).
Tim and Guy Stokely created OnlyFans in 2016, which now has seen its user base increase by 27% to 238 million users, before it was sold two years after to the current owner Leonid Radvinsky.
The OnlyFans annual filings show that its adult content website owner Radvinsky earned $338m (£268.5m) in dividends.
“We remain committed to providing an effective and safe environment for creators over the age of 18 across all genres to monetize their content, own their own copyright and share their creativity with their fans,” said Keily Blair, CEO of OnlyFans.
Investments made by the creator platform include its original content division OFTV and its OnlyFans Creative Fund.
Founder of OnlyFans Tim Stokely has gone on to invest in the fitness dating platform FITFCK.