I know this forum is awash with armies of starry eyed Virgin Groupies but if ANY of them think Bain has made one cent since they took over, let's hear them.
The issue was you alleged "Bain must be close to tossing in the towel as it has been a sea of red ink since they signed on.".
The reason for the collapse was the pandemic. Bain bought following the collapse, during the pandemic. The pandemic isn't over.
So there is nothing surprising in that situation that would prompt them to "toss in the towel."