• Compass average ebitda margin for 2023 was -6.71%, a 8.71% decline from 2022.
• Compass average ebitda margin for 2022 was -7.35%, a 28.72% decline from 2021.
• Compass average ebitda margin for 2021 was -5.71%, a 4.67% increase from 2020.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.