• Sea average ebitda margin for 2024 was 1.73%, a 311.9% increase from 2023.
• Sea average ebitda margin for 2023 was 0.42%, a 102.58% increase from 2022.
• Sea average ebitda margin for 2022 was -16.3%, a 17.64% decline from 2021.

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