Since this point is somewhat unclear, let me clarify it. The below xls contains all of FC's reported revenues and operating expenses on a quarterly basis (since Q3/2004, prior figures are not available as FC only went public in 2005).
Bear in mind that revenue data doesn't exactly match the money transferred to them in the quarter in question. Revenues from subscriptions are distributed over the length of the sub. But with a b2p game like TSW. revenues from box sales are recognized over the estimated customer life. Since TSW's launch, this makes it really hard to tell how much the games in their portfolio (TSW, AoC) are making them at any given point in time, or how well the item shop is received by players.
Nevertheless, the data clearly indicates that FC made some money with AoC (though not as much as they had hoped). It also clearly indicates they lost a lot of money with TSW. Revenue data from after Lego's launch isn't available yet, but from all we hear it isn't exactly looking fabulous.
http://1drv.ms/1h6hA2p