Putting that into perspective, Gitlab is on track to do around just 580MM USD this year and is valued at 8 billion dollars in market cap.
Something tells me that their revenue isn't is 10% of Netflix.
No chance they were making 250M and were able to stash it away so neatly and so fast that they found so little money
Compare that to streaming where at least >20% of the population know what it is and >20% of that seem to pay for streaming as a service. Much bigger market, and being a pirate site seems like it'd give them and an edge in the market because their catalogue would be better than any legal operation.
Note that black markets exist because there is enugh demand for a product that it overwhelms the ability of the army/police to enforce the law. This site is obviously going to be doing something economically popular. If it wasn't making a killing, ol' mate running the place would go find some other career.
And given the comments below indicating that it was a mistranslation, it's a moot point- it was wrong after all.