• Compass average ebitda margin for 2023 was -6.05%, a 25.68% decline from 2022.
• Compass average ebitda margin for 2022 was -8.14%, a 39.62% decline from 2021.
• Compass average ebitda margin for 2021 was -5.83%, a 5.51% increase from 2020.

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