There's a thing that I've come to realize as I've gotten older and older.
More often than not, we never learn the actual deffinition of words or phrases or ideas. We'll hear something in context and understand enough to get through the moment without being confused. But we don't learn enough from the context to know for sure what the thing is.
So we see people getting really hung up over words.
"Profit" is one of these words. It would not surprise me if most people interpret the word to mean nothing more than "making money", as in "revenue". Instead of the more accurate/useful "making more money than was spent in a particular time frame" or "money removed from the entity for non-business use".
