Content-sharing platform OnlyFans has come out on top against big tech corporations like Apple Inc., Alphabet Inc.’s Google, Netflix Inc., and others when it comes to revenue generation per worker.
What Happened: OnlyFans reported revenue of $1.3 billion for the financial yr 2023.
While its revenue is a fraction of that of massive tech corporations like Apple, Google, and Microsoft, its revenue per worker is magnitudes higher than these tech giants, as identified by Trung Phan.
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|
Company |
Revenue |
No. Of Employees |
Revenue Per Worker |
|
OnlyFans |
$1.3 billion |
42 |
$30.95 million |
|
Craigslist* |
$0.694 billion |
50 |
$13.88 million |
|
Netflix |
$33.7 billion |
13,000 |
$2.59 million |
|
Apple |
$383 billion |
161,000 |
$2.38 million |
|
Meta Platforms |
$134 billion |
67,317 |
$1.99 million |
|
|
$305 billion |
182,502 |
$1.67 million |
|
Microsoft |
$245 billion |
221,000 |
$1.1 million |
Source: Company reports | *Craigslist’s revenue is from 2022, as data for 2023 was not immediately available
On average, each OnlyFans worker contributed to almost $31 million to the corporate’s top line, while Microsoft’s average revenue per worker was the bottom on this last at just $1.1 million – almost 28 times lower than that of OnlyFans.
For context, Apple, Microsoft, Alphabet, and Meta are 4 of the five most respected corporations on the planet when it comes to market capitalization.
See Also: Founding father of Personal Capital and ex-CEO of PayPal re-engineers traditional banking with this latest high-yield account — start saving higher today.
Craigslist, a privately held classifieds platform, continued to stay among the many top corporations when it comes to revenue per worker. Although its revenue has shrunk from its peak of $1 billion within the late 2010s, its revenue per worker stays amongst the best within the list attributable to its relatively small team.
The story is totally different, nonetheless, for tech giants who’ve 1000’s of employees on their payrolls.
While their revenue can also be several magnitudes higher than OnlyFans and Craigslist, the significantly higher variety of employees brings down the typical revenue to single digits.
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This text OnlyFans Beats Apple, Google, Netflix, And Other Big Tech Firms In Revenue Per Worker: Here’s The Down Low originally appeared on Benzinga.com