• TKOs average ebitda margin for 2023 was 56.86%, a 16.37% decline from 2022.
• TKOs average ebitda margin for 2022 was 48.86%, a 39.56% increase from 2021.
• TKOs average ebitda margin for 2021 was 35.01%, a 15.85% increase from 2020.

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