Like several high profile entities that claim huge looses yet years pass and they are big as ever. XM comes to mind supposedly they lose every year but they are still in every new car. TIVO is another. I am sure other posters can think of more.
Amazon the grand-daddy of that. As of two years ago, Amazon had posted just a handful of profitable quarters in its two-decade history. Yet it was the fourth-largest public company at almost $470 billion in market capitalization. That’s from a Forbes article in May 2017. I don’t think it has changed much in the past two years.