Profits rise at Irish-based adult website billing agent

A Dublin-based company, which collects subscriptions from premium users of a global porn empire, has clocked up revenues of $427.17m (€356.79m) over two years, writes Gordon Deegan.

MG Billing Ireland Ltd is a subsidiary of Canadian firm Mindgeek — which owns a number of leading adult websites including Pornhub, Youporn, Twistys, and Brazzers — and clocked up average daily revenues of $585,000 each day in 2014 and 2015. Mindgeek also operates gay porn sites including Sean Cody, Bromo and Reality Dudes.

In 2015, the most recent year for which accounts for MG Billing Ireland have been filed, the Irish-based entity grew pre-tax profits by 8.5% to just under $3.4m. Revenues for that year jumped by 20% to $233.79m.