• Block average ebit margin for 2024 was 2.13%, a 232.3% increase from 2023.
• Block average ebit margin for 2023 was -1.61%, a 38.55% decline from 2022.
• Block average ebit margin for 2022 was -2.62%, a 296.99% decline from 2021.

Ebit margin can be defined as earnings before interest and taxes as a portion of total revenues