It looks like they made a profit last year:<p><a href="http:&#x2F;&#x2F;www.telegraph.co.uk&#x2F;finance&#x2F;newsbysector&#x2F;mediatechnologyandtelecoms&#x2F;11639407&#x2F;Telegraph-Media-Group-delivers-operating-profits-of-54.9m.html" rel="nofollow">http:&#x2F;&#x2F;www.telegraph.co.uk&#x2F;finance&#x2F;newsbysector&#x2F;mediatechnol...</a>