• Impinj average ebitda margin for 2023 was -4.79%, a 54.68% decline from 2022.
• Impinj average ebitda margin for 2022 was -10.57%, a 56.2% decline from 2021.
• Impinj average ebitda margin for 2021 was -24.13%, a 32.15% decline from 2020.

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