SolelyFans has paid its proprietor $338m (£268m) in dividends as the location's reputation surges.

Leonid Radvinsky, a Ukrainian-American entrepreneur who owns pornography web sites, is its solely shareholder.

Accounts launched by father or mother firm Fenix International have revealed the grownup subscription platform has seen a surge in profitability.

The web site had nearly 3.2 million content material creators in 2022, up 47% in comparison with the 12 months earlier than.

Meanwhile, the overall variety of followers on the platform is up 27% to 238.8 million.

The UK-based firm racked up a pre-tax revenue of $525m (£417m) - substantially greater than the £374m achieved in 2021.

Sex staff can submit photos and movies to the platform, with customers paying a direct subscription price to entry it.

Fans paid a complete of $5.6bn (£4.4bn) to entry beginner pornographic content material on the platform in 2022, with creators maintaining 80% of their earnings.

In its accounts, SolelyFans' father or mother firm mentioned its mission is to construct the most secure social media platform, whereas empowering content material creators.

And whereas finest recognized for X-rated materials, the enterprise mentioned that it's now beginning to host safe-for-work movies about cooking, comedy, health and music.

The figures went on to disclose the enterprise paid over £87m (£69m) in company tax over the 12 months.

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Profit information follows advert row

Earlier this week, big billboards that includes an SolelyFans mannequin sporting a bra had been cleared by the UK's promoting watchdog following a string of complaints.

The Advertising Standards Authority mentioned the posters had been "unlikely" to offend as a result of they weren't "overtly sexual" and "did not objectify women".

About 30 complaints had been acquired, amid considerations that one of many billboards was simply 450m away from a faculty.

Rose Watson - the mannequin who seems within the advert - instructed The Sun final month that she earns £200,000 a month by promoting specific photographs on SolelyFans.

Commenting on the response to the billboards, she mentioned: "If people are offended by my ad, I'm assuming they're also complaining about Ann Summers and Jack Daniels ones.

"You see advertisements for playing, alcohol, intercourse toys, lingerie - there isn't a distinction between that kind of adult-oriented advert and my adult-oriented advert.

"This is a real business, if a gambling or alcohol company can run their ads, which have far more devastating impacts, why not me?"

Content Source: information.sky.com