Pretax profits at a Dublin-based company that collects subscriptions from premium users of a global porn empire, increased by 14 per cent to $3.36 million (€3 million) in 2018. MG Billing Ltd is a subsidiary of Canadian company, MindGeek, which counts Pornhub and Youporn among its assets. New accounts show that the Irish company recorded the increase in pretax profits after revenues went up by 8 per cent from $203.44 million to $220.9 million in 2018. The directors of MG Billing said they considered the result for the year to be satisfactory given prevailing market conditions. MG Billing Limited was one of a network of MindGeek firms to set up here in 2013.

Source: The Irish Times January 17, 2020 19:41 UTC