• CyberAgent average ebitda margin for 2023 was 4.84%, a 20.39% decline from 2022.
• CyberAgent average ebitda margin for 2022 was 6.08%, a 18.93% decline from 2021.
• CyberAgent average ebitda margin for 2021 was 7.5%, a 72.17% decline from 2020.

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