There seems to be mixed reviews on this subject.
https://www.wsj.com/articles/how-elon-musks-twitter-faces-mountain-of-debt-falling-revenue-and-surging-costs-11669042132
From the article dated Nov. 2022
"Twitter Finances, Pre-Musk
Twitter is and was a popular tool for politicians, celebrities and journalists. But as a business, it was stagnating.
It hasn’t booked an annual profit since 2019, and posted a loss in eight years of the past decade. The company’s net loss narrowed in 2021, to $221.4 million from $1.14 billion the previous year."