BLOCK Investment & Profitability Ecosystem Overview

BLOCK INVESTMENTS & PROFITABILITY And benefit from attractive structural profitability Fixed Costs Product investments: Variable Costs Acquisition and growth: Marketing expenses -> Engineering, data science, -> and design teams -> Sales teams Software and data Corporate overhead: -> -> Corporate teams Professional and legal fees Rent and facilities Please see Appendix for a reconciliation and information on expense categories. Ongoing variable: -> Cash App P2P and card issuance costs -> Risk loss -> Customer support 50

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