Private companies exist BECAUSE they make their owners money.
Public companies sometimes seem to exist (and trade stock), because they NEED money.
I'm sure this sounds simplistic but I can't think of any privately held company not in bankruptcy that isn't making money and for a company with 170 employess on the books they better be making a goodly amount. IMHO.
Also, snow. Privately held companies are typically not financed. There's rarely a need as the ones that survive are often making money from the get-go.