New and overdue accounts for Aylo Billing Ltd show that its revenues increased by 28pc in 2020, from $240.73m (€210.8m) to $307.4m.
The company has its registered office at Baldonnell Business Park in Dublin 22. Over three years – between 2018 and 2020 – Aylo Billing Ltd generated a cumulative $769m in revenues.
Pre-tax profits at the company almost doubled to $10.76m in 2020.
The directors say that company’s principal activity is the resale of membership subscriptions and the management of online memberships for certain websites, primarily delivered through online and mobile media platforms.
In a note attached to the accounts, signed off on April 30, the company says two anonymous individuals filed a putative class action in February 2021 in an Alabama court district against Aylo Billing Ltd and affiliates.
They claim that Aylo Billing and affiliated companies benefited from a sex-trafficking venture in violation of the Trafficking Victims Protection Reauthorisation Act “and that the company and affiliates received, possessed and distributed child pornography”.
The note says “the company considers the lawsuit to be without merit and intends to vigorously defend it”.
It says that in December 2023, an Alabama court granted the plaintiffs’ motion for class certification.
A separate note says that in May 2024, an anonymous individual filed a class action in California alleging the company and affiliates violated the Video Privacy Protection Act by sharing user data without consent. Aylo Billing says it considers this lawsuit to be without merit too, and intends to defend it.
It has been indemnified by group companies in the two matters and there is no provision required in the financial statements. The accounts disclose that the company agreed in July 2023 to pay $24m in settlement of a class action brought in June 2021 at the Los Angeles Superior Court. The case alleged deceptive and fraudulent billing practices.
The company reveals it paid out a further $6m in attorney fees and a $25,000 service award to the plaintiff.
On its website, Aylo describes itself as “a tech pioneer offering world-class adult-content platforms”. It claims to provide “trusted environments to enable a safe online user experience, and to empower our communities by celebrating diversity, inclusion and expression”.
Aylo says its portfolio also includes YouPorn, Brazzers, Men.com and Nutaku, “all of which maintain robust trust and safety protocols”.
Accumulated profits at the end of 2020 totalled $15.43m while cash funds almost doubled from $6.19m to $11.5m.
Aylo Billing Ltd’s immediate parent firm is based in Cyprus while consolidated financial statements for Aylo Holdings SARL are available in Luxembourg.
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