• Topicus average ebitda margin for 2024 was 28.4%, a 3.39% increase from 2023.
• Topicus average ebitda margin for 2023 was 27.47%, a 3.31% increase from 2022.
• Topicus average ebitda margin for 2022 was 28.41%, a 5.39% decline from 2021.

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