Actually it is a miracle they still exist, their revenue is not so good.
citation needed?
It is almost impossible to find clear data, but in 2017 they were still raising funding and in 2018 they closed the Top Write program, the one that was giving minor benefits. Since then, there is no reason to believe their revenue grew significantly, while the quality of new content is horrible. I followed the situation for the past ~ 4 years, this is what it looks like.