No, they don’t have any idea, of course. It would have been solved in the last year if they did.
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Same issue here on a Samsung Galaxy S22 took over 30% of my battery with single digit notifications for the day. Tried downgrading to an earlier version 4.x build and had the same issue. Installed the last version 3.x build (3.5.1_1159) and the problem has gone away. I don’t use geofencing and the app doesn’t have location permissions. I thought my o old galaxy S10’s battery had finally really started to give up the ghost which helped encourage the phone upgrade but now I’m wondering how much of the poor battery life was down to the app.