Does the challenge points add to our progress?

i have been doing some challenges continuously for some days and have completed around 5 or 6 challenges but still my progress bar is not showing any change

I’m kind of n00b here but as far as I can tell they do.
The bar updates every day @ midnite UK time ( I think)
To see how the “score” is computated : https://www.hackthebox.eu/home/users/points/ + your id number