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It has the same meaning as profit, to gain from, with its use intended for dramatic flair. Quoted from Preach, part of the Youtube channel Aba & Preach.
When a person puts you in the Friendzone because it's convenient, they profitate from your being in the Friendzone.
Profitate by kameHouse May 12, 2020
Related Words

proditiophobia 

The fear of being betrayed by someone you love
He suffers from proditiophobia. This is why he never makes friends
proditiophobia by doom overlord January 25, 2015

not-for-profitute 

A person who often has sex out of charity or pity in spite of having insufficient sexual attraction. The not-for-profitute often feels like they ought to have been payed, but refuse to receive payment as their sexual performance is a gift of charity.
"Kev, dude. Your face is glowing; what's good man?"
"Man, I dicked Brittney last night. She's like a 10. I'm like sexy and I never even knew."
"I hate to break this to you Kev, but Brittney's a not-for-profitute."
"Oh. Dude, I'm not even mad though. Her tits were bouncin'."
not-for-profitute by ViHelena April 23, 2017

Progster 

A Person who listens to Progressive Rock or Metal like Dream Theater or Opeth
That Guy is A Progster
Progster by rapidspeed February 23, 2009
To look through a person's things without their knowledge or permission
Dammit! I've told Tommy to stop proging through my stuff!
proging by JoeKing07 October 23, 2008

progmitious 

a strong hatred towards june.
person one: why do you hate june so much?
person two: i’m just very progmitious.
progmitious by janna gavarrow June 21, 2022