Why do you say that? They just sold Trello for half a billion and still have Stack Overflow. I'm sure Fogbugz is profitable although it's not anything stellar and it looks like they have a new product
They shared an office with Trello, but it spun off long ago, so they made no money on this sale. Same goes for Stack, totally separate company. AND now their closest ally, Trello, has been sold to the direct competitor of FogBugz.