From the article:

"In total, the Montreal operation will bring in $7.4 million. Bixi will spend $7.3 million on operations, marketing, administration and research and development."

That's for 2012. Projections aren't results, but things don't sound too far off. What are you basing your statement on?

One can expect a little bit of taxpayer subsidy in the future, since it is freeing up incredibly valuable road space that in most city centers is a limited resource that can't be expanded.