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They don't need money to just operate... except the Mastercard processor drama, they probably try to do like Snap(chat), seeking for Snap-like IPO & valuation and the such...
source: axios
What follows is rounded data from a pitch-deck that was compiled at the end of March. The 2021 figures are based on run-rate through the end of Q1, while 2022 figures are OnlyFans projections:
Gross merchandise value (GMV):
2020: $2.2 billion
2021: $5.9 billion
2022: $12.5 billion
Net revenue:
2020: $375 million
2021: $1.2 billion
2022: $2.5 billion
Over 50% of OnlyFans revenue in March came from paid subscriptions, while more than 30% came via chats. The rest was a combination of tips/streams and paid posts for free accounts.
Free cash flow:
2020: $150 million
2021: $620 million
2022: $1.2 billion
Total amount paid to creators since inception: $3.2 billion
More than 300 creators earn at least $1 million annually.
Around 16,000 creators earn at least $50,000 annually.
More than seven million "fans" spend on OnlyFans each month. It has even more users who only consume free content.
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