See more : Seven Oaks Acquisition Corp. (SVOK) Income Statement Analysis – Financial Results
Complete financial analysis of Gogo Inc. (GOGO) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Gogo Inc., a leading company in the Telecommunications Services industry within the Communication Services sector.
You may be interested
- MustGrow Biologics Corp. (MGROF) Income Statement Analysis – Financial Results
- Virtuoso Acquisition Corp. (VOSO) Income Statement Analysis – Financial Results
- Evermore Chemical Industry Co., Ltd. (1735.TW) Income Statement Analysis – Financial Results
- Spey Resources Corp. (SPEY.CN) Income Statement Analysis – Financial Results
- Bristol-Myers Squibb Company (0R1F.L) Income Statement Analysis – Financial Results
Gogo Inc. (GOGO)
About Gogo Inc.
Gogo Inc., through its subsidiaries, provides broadband connectivity services to the aviation industry in the United States and internationally. It operates through Commercial Aviation North America (CA-NA), Commercial Aviation Rest of World (CA-ROW), and Business Aviation (BA) segments. The company design, build and operate air-to-ground networks, engineer and maintain in-flight systems of proprietary hardware and software, and deliver customizable connectivity and wireless entertainment services. It also offers suite of integrated equipment, network, and internet connectivity products and services, as well as includes suite of smart cabin systems for integrated connectivity, in-flight entertainment, and voice solutions. In addition, the company portfolio comprises of in-flight network, in-flight systems, in-flight services, aviation partner support, and production operations functions. Further, the company offers satellite-based voice and data services. Gogo Inc. was founded in 1991 and is headquartered in Broomfield, Colorado.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 397.58M | 404.07M | 335.72M | 269.72M | 835.73M | 893.76M | 699.09M | 596.55M | 500.89M | 408.49M | 328.12M | 233.52M | 160.16M | 94.66M | 36.84M |
| Cost of Revenue | 132.95M | 135.90M | 102.20M | 84.37M | 432.58M | 513.89M | 326.89M | 274.73M | 228.36M | 209.46M | 168.00M | 113.14M | 77.85M | 60.40M | 46.82M |
| Gross Profit | 264.63M | 268.17M | 233.52M | 185.35M | 403.15M | 379.88M | 372.20M | 321.82M | 272.53M | 199.03M | 160.13M | 120.38M | 82.31M | 34.26M | -9.98M |
| Gross Profit Ratio | 66.56% | 66.37% | 69.56% | 68.72% | 48.24% | 42.50% | 53.24% | 53.95% | 54.41% | 48.72% | 48.80% | 51.55% | 51.39% | 36.19% | -27.08% |
| Research & Development | 36.68M | 29.59M | 24.87M | 25.23M | 108.61M | 120.09M | 133.29M | 96.71M | 87.44M | 65.12M | 49.69M | 35.35M | 22.25M | 20.22M | 22.86M |
| General & Administrative | 57.28M | 58.20M | 51.55M | 54.47M | 89.84M | 94.27M | 93.67M | 84.93M | 86.75M | 81.50M | 69.00M | 49.05M | 36.10M | 36.38M | 28.34M |
| Selling & Marketing | 29.80M | 25.47M | 20.99M | 15.14M | 49.16M | 58.82M | 64.02M | 61.18M | 56.14M | 38.63M | 30.60M | 26.50M | 25.12M | 23.62M | 27.76M |
| SG&A | 87.08M | 83.67M | 72.54M | 69.60M | 139.00M | 153.09M | 157.69M | 146.10M | 142.90M | 120.13M | 99.60M | 75.55M | 61.22M | 60.01M | 56.10M |
| Other Expenses | 16.70M | 12.58M | 15.48M | 14.17M | 118.82M | -233.00K | -750.00K | 72.00K | -574.00K | -9.00K | -2.00K | -22.00K | 32.67M | 30.99M | 21.90M |
| Operating Expenses | 140.46M | 125.84M | 112.90M | 109.00M | 366.43M | 406.80M | 436.46M | 348.46M | 317.37M | 249.70M | 204.79M | 147.81M | 116.14M | 111.22M | 100.86M |
| Cost & Expenses | 273.41M | 261.74M | 215.09M | 193.37M | 799.00M | 920.69M | 763.35M | 623.19M | 545.73M | 459.16M | 372.79M | 260.95M | 193.98M | 171.62M | 147.68M |
| Interest Income | 7.40M | 2.39M | 191.00K | 722.00K | 4.21M | 4.29M | 2.96M | 1.64M | 181.00K | 61.00K | 64.00K | 77.00K | 72.00K | 98.00K | 214.00K |
| Interest Expense | 33.06M | 38.87M | 67.47M | 125.79M | 130.57M | 122.81M | 111.94M | 83.65M | 58.89M | 32.74M | 29.27M | 8.91M | 280.00K | 37.00K | 30.07M |
| Depreciation & Amortization | 16.70M | 12.58M | 15.48M | 14.17M | 16.69M | 133.62M | 145.49M | 105.64M | 87.04M | 64.45M | 55.51M | 36.91M | 32.67M | 30.99M | 21.90M |
| EBITDA | 140.87M | 157.17M | 52.31M | 90.52M | 113.22M | 91.10M | 83.44M | 66.10M | 39.55M | 13.83M | -25.40M | 14.14M | 57.62M | -79.09M | -90.30M |
| EBITDA Ratio | 35.43% | 38.90% | 40.59% | 33.83% | 19.43% | 12.39% | 11.94% | 13.66% | 8.35% | 3.39% | 3.32% | 4.08% | -0.67% | -48.46% | -240.82% |
| Operating Income | 124.17M | 142.33M | 120.63M | 76.35M | 36.72M | -26.92M | -64.26M | -26.64M | -44.84M | -50.67M | -44.67M | -27.44M | -33.82M | -76.96M | -110.84M |
| Operating Income Ratio | 31.23% | 35.22% | 35.93% | 28.31% | 4.39% | -3.01% | -9.19% | -4.47% | -8.95% | -12.40% | -13.61% | -11.75% | -21.12% | -81.30% | -300.84% |
| Total Other Income/Expenses | -26.56M | -36.61M | -151.27M | -125.06M | -184.47M | -138.40M | -109.73M | -96.55M | -61.53M | -32.69M | -65.52M | -4.24M | 58.49M | -33.16M | -31.43M |
| Income Before Tax | 97.60M | 105.72M | -30.64M | -48.71M | -145.00M | -165.32M | -173.99M | -123.19M | -106.38M | -83.36M | -110.18M | -31.68M | 24.67M | -110.12M | -142.27M |
| Income Before Tax Ratio | 24.55% | 26.16% | -9.13% | -18.06% | -17.35% | -18.50% | -24.89% | -20.65% | -21.24% | -20.41% | -33.58% | -13.57% | 15.40% | -116.33% | -386.15% |
| Income Tax Expense | -48.08M | 13.66M | -187.23M | -146.00K | 1.01M | -3.29M | -2.00M | 1.31M | 1.24M | 1.18M | 1.11M | 1.04M | 1.05M | 3.26M | 30.07M |
| Net Income | 145.68M | 92.06M | 152.74M | -48.56M | -146.00M | -162.03M | -172.00M | -124.51M | -107.61M | -84.54M | -111.29M | -32.71M | 23.62M | -113.38M | -142.27M |
| Net Income Ratio | 36.64% | 22.78% | 45.50% | -18.00% | -17.47% | -18.13% | -24.60% | -20.87% | -21.48% | -20.70% | -33.92% | -14.01% | 14.74% | -119.78% | -386.15% |
| EPS | 1.12 | 0.75 | 1.46 | -0.59 | -1.81 | -2.02 | -2.17 | -1.58 | -1.35 | -0.99 | -2.33 | -0.39 | -0.21 | -1.34 | -1.68 |
| EPS Diluted | 1.09 | 0.71 | 1.19 | -0.59 | -1.81 | -2.02 | -2.17 | -1.58 | -1.35 | -0.99 | -2.33 | -0.39 | -0.21 | -1.34 | -1.68 |
| Weighted Avg Shares Out | 129.75M | 123.27M | 103.40M | 82.27M | 80.77M | 80.04M | 79.41M | 78.92M | 79.70M | 85.15M | 47.83M | 84.92M | 84.92M | 84.92M | 84.92M |
| Weighted Avg Shares Out (Dil) | 133.28M | 133.92M | 127.21M | 82.27M | 80.77M | 80.04M | 79.41M | 78.92M | 79.70M | 85.15M | 47.83M | 84.92M | 84.92M | 84.92M | 84.92M |
Gogo Completes Acquisition of Satcom Direct and Announces Leadership Transition
Expanded Platform Accelerates Gogo's LEO Strategy; Achieves $18m Run-rate Savings on Day 1 Chris Moore Appointed Chief Executive Officer, Succeeding Oakleigh Thorne who Transitions to Executive Chair BROOMFIELD, Colo. , Dec. 4, 2024 /PRNewswire/ -- Gogo Inc. (NASDAQ: GOGO) ("Gogo" or the...
Gogo: Quite Undervalued Despite Gogo 5G Introduction
Gogo Inc. is launching Gogo 5G in Q4 2024, which is expected to drive significant revenue and EPS growth in 2025 and 2026. Recent acquisitions and reduced debt levels may enhance future free cash flow and enable further inorganic growth...
Gogo Inc. (GOGO) Q3 2024 Earnings Call Transcript
Gogo Inc. (NASDAQ:GOGO ) Q3 2024 Earnings Conference Call November 5, 2024 8:30 AM ET Company Participants Will Davis - Vice President of Investor Relations Oakleigh Thorne - Chairman & Chief Executive Officer Jessica Betjemann - Executive Vice President &...
Gogo (GOGO) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for Gogo (GOGO) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Gogo (GOGO) Q3 Earnings and Revenues Beat Estimates
Gogo (GOGO) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.16 per share a year ago.
Gogo Announces Third Quarter Results
Total Revenue of $100.5 million, up 3% Year-over-Year; Third Quarter Service Revenue of $81.9 million, up 3% Year-over-Year Q3 Net Income of $10.6 million; Adjusted EBITDA (1) of $34.8 million Updates 2024 Guidance Recent Strategic Galileo HDX wins with Textron...
Gogo Galileo HDX Antenna Passes FAA-Mandated DO-160 Qualification Testing
BROOMFIELD, Colo. , Nov. 4, 2024 /PRNewswire/ -- Gogo Business Aviation (NASDAQ: GOGO) announced today that its Gogo Galileo HDX electronically steerable antenna (ESA), designed to provide access to Low Earth Orbit (LEO) satellite networks for all sizes of business aircraft,...
Wheels Up Selects Gogo Galileo HDX Fleetwide
LAS VEGAS , Oct. 22, 2024 /PRNewswire/ -- (NBAA-BACE, booth 1601) – Wheels Up has reached an agreement with Gogo Business Aviation (NASDAQ: GOGO) to add Gogo Galileo HDX, the company's Low Earth Orbit (LEO) global broadband satellite solution, fleetwide....
Textron Aviation Selects Gogo Galileo HDX for Factory Installation on Cessna Citation Longitude, Latitude and Ascend
Textron Aviation is the First Business Aviation OEM to Announce Production Use of Gogo Galileo HDX LAS VEGAS , Oct. 22, 2024 /PRNewswire/ -- (NBAA-BACE, booth 1601) – Gogo Business Aviation (NASDAQ: GOGO) today announced that Textron Aviation will install Gogo's...
Skyservice™ Announces Development of Gogo Galileo HDX STC for Gulfstream G280
MISSISSAUGA, ON , Oct. 17, 2024 /PRNewswire/ - Skyservice Business Aviation ("Skyservice" or "the Company") is pleased to announce it will develop a Supplemental Type Certificate (STC) to implement Gogo Galileo HDX on Gulfstream G280 aircraft, ensuring operators have access...
Source: https://incomestatements.info
Category: Stock Reports