Nope! Doremi made $713,105 (¥74,061,680) in its opening weekend (
source) while Eternal did $543,936 (¥56,492,140) in its opening weekend (
source).
Just because users don't pay a subscription, doesn't mean money is not being made out of their activity. Crunchyroll gets advertising revenue from that. The SVOD model is not necessarily more profitable than the AVOD one. Just look at YouTube. You really can't claim that only three million of its users matter.