Gogo Inc. logo GOGO - Gogo Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 5
HOLD 8
SELL 0
STRONG
SELL
0
| PRICE TARGET: $9.50 DETAILS
HIGH: $12.00
LOW: $7.00
MEDIAN: $9.50
CONSENSUS: $9.50
UPSIDE: 119.40%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Revenue
Revenue 910.5 444.7 397.6 404.1 335.7 269.7 309.0 893.8 699.1 596.5 500.9 408.5 328.1 233.5 160.2 94.7 36.8
Cost of Revenue 372.7 166.6 133.0 135.9 102.2 84.4 93.9 513.9 326.9 274.7 228.4 209.5 168.0 113.1 77.8 60.4 46.8
Gross Profit 537.8 278.1 264.6 268.2 233.5 185.3 215.1 379.9 372.2 321.8 272.5 199.0 160.1 120.4 82.3 34.3 (10.0)
Operating Expenses
R&D Expenses 56.1 44.8 36.7 29.6 24.9 25.2 26.0 120.1 133.3 96.7 87.4 65.1 49.7 35.4 22.2 20.2 22.9
SG&A Expenses 172.6 109.6 87.1 83.7 72.5 69.6 75.9 153.1 157.7 146.1 142.9 120.1 99.6 75.6 61.2 60.0 56.1
Other Expenses 195.0 72.4 16.7 12.6 15.5 14.2 16.7 (0.2) (0.8) 0.1 (0.6) (0.0) (0.0) (0.0) 32.7 31.0 21.9
Operating Expenses 423.7 226.8 140.5 125.8 112.9 109.0 118.6 406.8 436.5 348.5 317.4 249.7 204.8 147.8 116.1 111.2 100.9
Operating Income
Operating Income 114.1 51.3 124.2 142.3 120.6 76.4 96.5 (26.9) (64.3) (26.6) (44.8) (50.7) (44.7) (27.4) (33.8) (77.0) (110.8)
Interest Expense 68.2 38.4 33.1 38.9 67.5 125.8 130.6 122.8 111.9 83.6 58.9 32.7 29.3 8.9 0.3 0.0 30.1
Interest Income 4.7 8.3 7.4 2.4 0.2 0.7 4.2 4.3 3.0 1.6 0.2 0.1 0.1 0.1 0.1 0.1 0.2
Profitability
EBITDA 155.3 75.5 140.9 157.2 52.3 85.4 55.0 91.1 83.4 66.1 39.5 13.8 (25.4) 14.1 57.6 (79.1) (90.3)
EBIT 95.0 56.6 124.2 144.6 36.8 71.2 38.3 (42.5) (64.6) (40.3) (47.5) (50.6) (80.9) (23.6) 24.9 (110.1) (112.2)
Income Before Tax 26.8 18.1 97.6 105.7 (30.6) (48.7) (87.9) (165.3) (174.0) (123.2) (106.4) (83.4) (110.2) (31.7) 24.7 (110.1) (142.3)
Income Tax Expense 13.9 4.4 (48.1) 13.7 (187.2) (0.1) 0.6 (3.3) (2.0) 1.3 1.2 1.2 1.1 1.0 1.1 3.3 0
Net Income 12.9 13.7 145.7 92.1 152.7 (250.0) (146.0) (162.0) (172.0) (124.5) (107.6) (84.5) (111.3) (32.7) 23.6 (113.4) (142.3)
Per Share Data
EPS (Basic) 0.10 0.11 1.12 0.75 1.46 -3.50 -1.81 -2.02 -2.17 -1.58 -1.35 -0.99 -1.32 -0.39 -0.21 -1.34 -1.68
EPS (Diluted) 0.09 0.10 1.09 0.71 1.28 -3.50 -1.81 -2.02 -2.17 -1.58 -1.35 -0.99 -1.32 -0.39 -0.21 -1.34 -1.68
Shares Outstanding 133.7 128.5 129.8 123.3 103.4 82.3 80.8 80.0 79.4 78.9 79.7 85.1 84.6 84.9 84.9 84.9 84.9
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009
Current Assets
Cash & Cash Equivalents 125.2 41.8 139.0 150.6 145.9 435.3 170.0 184.2 196.4 117.3 68.5
Short-Term Investments 0 0 0 24.8 0 0 0 39.3 212.8 338.5 0
Net Receivables 151.0 143.4 73.4 89.2 62.4 42.2 42.9 144.7 117.9 73.7 5.4
Inventory 98.9 97.9 63.2 49.5 34.0 28.1 35.2 193.0 45.5 50.3 6.9
Other Current Assets 56.8 36.5 36.3 7.2 5.1 6.4 165.4 16.5 20.3 24.9 0
Total Current Assets 431.9 323.1 314.6 324.1 249.9 512.2 424.8 585.5 592.9 604.7 85.4
Non-Current Assets
Property, Plant & Equipment 175.3 187.6 168.7 179.9 134.7 97.2 105.0 511.9 656.0 519.8 123.9
Goodwill 193.2 184.8 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6
Intangible Assets 248.8 275.3 55.0 48.9 48.9 52.1 51.2 82.9 86.5 85.2 61.9
Long-Term Investments 31.0 4.2 20.2 0 0 0 17.5 54.9 6.9 7.8 0
Other Non-Current Assets 13.9 36.9 5.7 43.4 28.4 11.5 615.6 84.2 67.1 35.9 3.1
Total Non-Current Assets 871.9 906.1 466.9 435.4 397.8 161.4 789.9 679.6 810.3 641.5 189.5
Total Assets 1,303.8 1,229.2 781.5 759.5 647.7 673.6 1,214.7 1,265.1 1,403.2 1,246.2 274.8
Current Liabilities
Account Payables 92.5 67.2 16.1 13.6 17.2 11.0 5.5 23.9 27.1 31.7 13.9
Short-Term Debt 16.4 2.5 7.2 7.2 109.6 341 0 0 0 2.8 0.0
Deferred Revenue 35.2 30.4 1.0 3.4 1.8 12.5 2.2 38.6 43.4 32.7 0.4
Other Current Liabilities 125.1 34.7 27.0 23.5 16.2 37.9 209.2 55.9 70.1 54.5 1.7
Total Current Liabilities 269.2 182.0 72.0 84.4 188.5 438.1 252.6 299.7 316.3 251.1 33.2
Non-Current Liabilities
Long-Term Debt 889.4 831.6 587.5 690.2 694.8 828.0 1,101.2 1,024.9 1,000.9 800.7 0
Deferred Tax Liabilities 1.5 0 0 0 0 2.1 2.3 2.2 6.0 8.3 0
Other Non-Current Liabilities (13.2) 78.1 8.3 7.6 7.2 8.5 193.5 185.4 197.3 226.5 429.5
Total Non-Current Liabilities 933.4 977.9 668.8 777.0 779.3 876.6 1,360.9 1,234.2 1,278.5 1,035.5 433.5
Total Liabilities 1,202.6 1,159.9 740.8 861.4 967.8 1,314.7 1,613.6 1,533.9 1,594.7 1,286.6 466.7
Stockholders' Equity
Common Stock 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0
Retained Earnings (1,187.2) (1,200.1) (1,213.9) (1,359.6) (1,451.6) (1,629.8) (1,376.1) (1,228.7) (1,089.4) (917.4) (314.8)
Accumulated Other Comprehensive Income 0.0 5.6 15.8 30.1 1.8 (1.0) (2.3) (3.6) (0.9) (2.2) (17.9)
Total Stockholders' Equity 101.1 69.3 40.7 (101.9) (320.2) (641.1) (398.9) (268.8) (191.6) (40.4) (191.8)
Total Liabilities & Equity 1,303.8 1,229.2 781.5 759.5 647.7 673.6 1,214.7 1,265.1 1,403.2 1,246.2 274.8
Debt Metrics
Total Debt 961.6 914.9 678.1 785.8 889.2 1,215.1 1,150.8 1,025.5 1,002.7 803.5 0.0
Net Debt 836.4 873.2 539.1 635.2 743.2 779.7 980.8 841.4 806.3 686.2 (68.4)
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Operating Activities
Net Income 12.9 13.7 145.7 92.1 156.6 (48.6) (146.0) (162.0) (172.0) (124.5)
Depreciation & Amortization 60.3 19.0 16.7 12.6 15.5 14.2 118.8 133.6 145.5 105.6
Stock-Based Compensation 24.1 20.8 21.3 19.1 13.3 7.8 16.5 16.9 19.8 17.6
Change in Working Capital (7.4) (28.5) (62.3) (39.8) (20.9) 10.4 (17.2) (101.0) 38.2 24.9
Other Non-Cash Items 24.6 13.2 6.8 6.3 88.3 (116.3) 91.8 34.0 31.0 40.5
Operating Cash Flow 124.5 41.4 79.0 103.4 65.5 (132.7) 64.1 (82.3) 60.3 65.0
Investing Activities
Capital Expenditure (59.4) (13.5) (24.1) (49.9) (8.7) (9.0) (115.5) (131.7) (280.2) (176.9)
Acquisitions (1.6) (332.7) 0 1.7 1 0 0 23.0 (27.9) (28.5)
Purchases of Investments (3) (5) (54.4) (24.8) (8.6) 0 0 (39.3) (317.4) (363.4)
Sales/Maturities of Investments 3.6 23.2 80.5 4.3 (1) 0 39.3 212.8 443.1 244.4
Other Investing Activities 20.5 (9.2) 20.0 (1.7) (6.8) 350.2 2.4 (23.0) 25.5 28.8
Investing Cash Flow (39.9) (337.2) 29.9 (70.4) (24.1) 348.4 (73.7) 41.8 (156.9) (295.6)
Financing Activities
Net Debt Issuance (2.5) 238.9 (107.4) (7.4) (305.5) 48.7 19.8 37.3 178.8 212.3
Stock Repurchased 0 (33.2) (4.8) (18.4) 0 0 0 0 0 0
Dividends Paid 0 0 0 0 0 0 0 0 0 0
Other Financing Activities 1.2 (7.0) (8.2) (2.6) (25.5) (4.3) (23.4) (10.0) (3.9) (11.2)
Financing Cash Flow (1.4) 198.7 (120.4) (28.4) (331.0) 44.4 (3.5) 27.3 174.9 201.1
Cash Position
Net Change in Cash 83.4 (97.1) (11.5) 4.6 (289.6) 258.2 (13.4) (12.6) 79.1 (30.0)
Cash at Beginning 42.3 139.4 150.9 146.3 435.9 177.7 191.1 203.7 117.3 147.3
Cash at End 125.7 42.3 139.4 150.9 146.3 435.9 177.7 191.1 196.4 117.3
Free Cash Flow 65.1 27.9 54.9 53.5 56.8 (141.7) (51.4) (214.0) (220.0) (111.9)
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Income Statement
Revenue 910.5 444.7 397.6 404.1 335.7 269.7 309.0 893.8 699.1 596.5 500.9 408.5 328.1 233.5 160.2 94.7 36.8
Gross Profit 537.8 278.1 264.6 268.2 233.5 185.3 215.1 379.9 372.2 321.8 272.5 199.0 160.1 120.4 82.3 34.3 (10.0)
Operating Income 114.1 51.3 124.2 142.3 120.6 76.4 96.5 (26.9) (64.3) (26.6) (44.8) (50.7) (44.7) (27.4) (33.8) (77.0) (110.8)
Net Income 12.9 13.7 145.7 92.1 152.7 (250.0) (146.0) (162.0) (172.0) (124.5) (107.6) (84.5) (111.3) (32.7) 23.6 (113.4) (142.3)
EPS (Diluted) 0.09 0.10 1.09 0.71 1.28 -3.50 -1.81 -2.02 -2.17 -1.58 -1.35 -0.99 -1.32 -0.39 -0.21 -1.34 -1.68
Balance Sheet
Cash & Equivalents 125.2 41.8 139.0 150.6 145.9 435.3 170.0 184.2 196.4 117.3 68.5
Total Assets 1,303.8 1,229.2 781.5 759.5 647.7 673.6 1,214.7 1,265.1 1,403.2 1,246.2 274.8
Total Debt 961.6 914.9 678.1 785.8 889.2 1,215.1 1,150.8 1,025.5 1,002.7 803.5 0.0
Stockholders' Equity 101.1 69.3 40.7 (101.9) (320.2) (641.1) (398.9) (268.8) (191.6) (40.4) (191.8)
Cash Flow
Operating Cash Flow 124.5 41.4 79.0 103.4 65.5 (132.7) 64.1 (82.3) 60.3 65.0
Capital Expenditure (59.4) (13.5) (24.1) (49.9) (8.7) (9.0) (115.5) (131.7) (280.2) (176.9)
Free Cash Flow 65.1 27.9 54.9 53.5 56.8 (141.7) (51.4) (214.0) (220.0) (111.9)