• Q2 Holdings average ebitda margin for 2023 was -1.07%, a 196.4% decline from 2022.
• Q2 Holdings average ebitda margin for 2022 was 1.11%, a 78.9% decline from 2021.
• Q2 Holdings average ebitda margin for 2021 was 5.26%, a 318.26% decline from 2020.

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