I mean look I don't like literally any of Atlassian's products, but they are not a dying company by any measure. They print cash.
Hence the comment you replied to saying "they print cash". You'll find a lot of big companies work this way: high free cashflow, because they earn a lot more than they spend, but then the spare cash is either reinvested or paid out via share buybacks. Declaring a profit isn't advantageous compared to the other options available.