Content- sharing system On lyFans has actually triumphed versus large technology business like Apple Inc., Alphabet Inc.’s Google, Netflix Inc., and others in regards to profits generation per staff member.
What Happened: On lyFans reported profits of $1.3 billion for the fiscal year 2023.
While its profits is a portion of that of large technology business like Apple, Google, and Microsoft, its profits per staff member is sizes greater than these technology titans, as explained by Trung Phan.
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|
Company |
Revenue |
No Of Employees |
Revenue Per Employee |
|
On lyFans |
$ 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 records|*Craigslist’s profits is from 2022, as information for 2023 was not promptly readily available
On standard, each On lyFans staff member added to almost $31 million to the business’s leading line, while Microsoft’s typical profits per staff member was the most affordable in this last at simply $1.1 million– practically 28 times less than that of On lyFans.
For context, Apple, Microsoft, Alphabet, and Meta are 4 of the 5 most important business on the planet in regards to market capitalization.
See Also: Founder of Personal Capital and ex-CEO of PayPal re-engineers standard financial with this brand-new high-yield account– begin conserving far better today.
Craigslist, an independently held classifieds system, remained to stay amongst the leading business in regards to profits per staff member. Although its profits has actually avoided its optimal of $1 billion in the late 2010s, its profits per staff member continues to be amongst the greatest in the listing because of its fairly tiny group.
The tale is totally various, nevertheless, for technology titans that have hundreds of staff members on their pay-rolls.
While their profits is additionally a number of sizes greater than On lyFans and Craigslist, the considerably greater variety of staff members lowers the typical profits to solitary numbers.
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This short article On lyFans Beats Apple, Google, Netflix, And Other Big Tech Companies In Revenue Per Employee: Here’s The Down Low initially showed up onBenzinga com
