Fenix International Ltd., the London-based parent of subscription platform OnlyFans, has paid sole owner Leonid Radvinsky a record US$701 million dividend for fiscal 2024, newly released filings show. The payout lifts the Ukrainian-born entrepreneur’s total dividends from the service to roughly US$1.8 billion since 2021 and comes as the company explores a sale that could value the business at about US$8 billion. During the year ended 30 November 2024, users spent US$7.2 billion on the platform, an increase of 9% from 2023. That activity generated revenue of US$1.44 billion and pretax profit of US$684 million. The latest distribution to Radvinsky comprised an ordinary dividend of US$497 million plus five post-year-end tranches totaling US$204 million. OnlyFans, which retains a 20% commission on subscriptions and other content sales, reported 4.6 million creator accounts, up 13%, and 377.5 million paying users, up 24%. The filings list a workforce of just 46 employees, with payroll costs rising 64% to US$45.4 million. The company’s rapid growth and record cash generation have intensified interest from potential buyers, but any transaction would have to contend with longstanding scrutiny of the adult content that underpins much of the platform’s popularity.