Gogo Financial Statements From 2010 to 2024

GOGO Stock  USD 7.78  0.09  1.14%   
Gogo financial statements provide useful quarterly and yearly information to potential Gogo Inc investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Gogo financial statements helps investors assess Gogo's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Gogo's valuation are summarized below:
Gross Profit
268.2 M
Profit Margin
0.1394
Market Capitalization
978.6 M
Enterprise Value Revenue
3.6655
Revenue
404.7 M
We have found one hundred twenty available fundamental trends for Gogo Inc, which can be analyzed and compared to other ratios and to its competitors. Self-guided Investors are advised to confirm Gogo's regular fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road.

Gogo Total Revenue

454.29 Million

Check Gogo financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Gogo's main balance sheet or income statement drivers, such as Depreciation And Amortization of 15.9 M, Interest Expense of 64.1 M or Selling General Administrative of 71.2 M, as well as many indicators such as Price To Sales Ratio of 3.14, Dividend Yield of 0.0 or PTB Ratio of 33.89. Gogo financial statements analysis is a perfect complement when working with Gogo Valuation or Volatility modules.
  
Check out the analysis of Gogo Correlation against competitors.

Gogo Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets856.7 M781.5 M820.1 M
Slightly volatile
Short and Long Term Debt Total646.4 M678.1 M630.6 M
Slightly volatile
Other Current Liabilities33.4 M35.2 M97.6 M
Very volatile
Total Current Liabilities68.4 M72 M172.6 M
Pretty Stable
Property Plant And Equipment Net334.7 M168.7 M317.5 M
Very volatile
Current Deferred Revenue952.9 KM15.1 M
Very volatile
Accounts Payable16.2 M16.1 M20.6 M
Pretty Stable
Cash192.5 M139 M186.6 M
Pretty Stable
Non Current Assets Total485.9 M466.9 M461.3 M
Slightly volatile
Non Currrent Assets Other5.4 M5.7 M27.6 M
Very volatile
Cash And Short Term Investments237.7 M139 M230.7 M
Pretty Stable
Net Receivables62.4 M73.4 M59.9 M
Slightly volatile
Good Will491.7 K620 K606.1 K
Slightly volatile
Common Stock Shares Outstanding98.9 M133.3 M90.8 M
Slightly volatile
Liabilities And Stockholders Equity856.7 M781.5 M820.1 M
Slightly volatile
Non Current Liabilities Total823.2 M668.8 M767.5 M
Slightly volatile
Inventory49.2 M63.2 M47.6 M
Slightly volatile
Other Current Assets21.5 M38.9 M20.7 M
Slightly volatile
Other Stockholder Equity830.1 M1.2 B800.9 M
Slightly volatile
Total LiabilitiesB740.8 M948 M
Slightly volatile
Property Plant And Equipment Gross338.4 M290 M321.1 M
Very volatile
Total Current Assets370.8 M314.6 M358.9 M
Slightly volatile
Short Term Debt16.7 M17.5 M38.6 M
Slightly volatile
Intangible Assets52.9 M55 M66.1 M
Slightly volatile
Other Liabilities6.5 M6.8 M95.2 M
Pretty Stable
Other Assets217.9 M207.5 M80.4 M
Slightly volatile
Long Term Debt672 M587.5 M574.4 M
Slightly volatile
Short Term Investments22.1 M23.2 M70.2 M
Very volatile
Property Plant Equipment264.5 M161.9 M302.9 M
Very volatile
Common Stock Total Equity10 K12.7 K9.3 K
Slightly volatile
Long Term Debt Total798.2 M799 M635.3 M
Slightly volatile
Capital Surpluse1.1 B1.4 BB
Slightly volatile
Deferred Long Term Liabilities1.2 M1.3 M67.6 M
Slightly volatile
Non Current Liabilities Other7.9 M8.3 M49.3 M
Pretty Stable
Common Stock11 K16.1 K9.8 K
Slightly volatile
Short and Long Term Debt6.2 M6.5 M148 M
Pretty Stable
Capital Lease Obligations60.6 M83.3 M30.6 M
Slightly volatile
Net Invested Capital515.5 M635.5 M712.8 M
Slightly volatile
Net Working Capital154.6 M242.6 M229.6 M
Slightly volatile
Capital Stock12.1 K16.1 K10.1 K
Slightly volatile
Long Term Investments14 M15.7 M17.1 M
Slightly volatile

Gogo Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization15.9 M16.7 M58.9 M
Pretty Stable
Interest Expense64.1 M33.1 M62.6 M
Slightly volatile
Selling General Administrative71.2 M57.3 M67.1 M
Pretty Stable
Selling And Marketing Expenses40.5 M29.8 M38 M
Very volatile
Total Revenue454.3 M397.6 M437 M
Slightly volatile
Other Operating Expenses454.8 M273.4 M432.3 M
Pretty Stable
Research Development64.4 M36.7 M61.5 M
Very volatile
Cost Of Revenue213.2 M133 M204 M
Pretty Stable
Total Operating Expenses241.6 M140.5 M228.3 M
Very volatile
Interest Income34.2 M32.6 M29.4 M
Slightly volatile
Reconciled Depreciation13.9 M14.6 M99.1 M
Slightly volatile

Gogo Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation12.5 M21.3 M12.1 M
Slightly volatile
Begin Period Cash Flow169.7 M150.9 M161 M
Slightly volatile
Depreciation15.9 M16.7 M58.5 M
Pretty Stable
Capital Expenditures22.9 M24.1 M96.2 M
Slightly volatile
End Period Cash Flow193.7 M139.4 M187.8 M
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio3.143.3065.5012
Slightly volatile
Days Sales Outstanding38.5967.427947.0331
Pretty Stable
Stock Based Compensation To Revenue0.05620.05350.0286
Slightly volatile
Capex To Depreciation1.961.44231.826
Pretty Stable
EV To Sales7.674.66196.5348
Slightly volatile
Inventory Turnover2.02.10415.9498
Slightly volatile
Days Of Inventory On Hand18217388.1544
Slightly volatile
Payables Turnover10.448.260913.3216
Pretty Stable
Sales General And Administrative To Revenue0.240.14410.2107
Slightly volatile
Research And Ddevelopement To Revenue0.08770.09230.1623
Slightly volatile
Capex To Revenue0.05760.06060.3355
Slightly volatile
Cash Per Share1.021.07153.0797
Very volatile
Days Payables Outstanding53.7244.18448.5928
Slightly volatile
Intangibles To Total Assets0.120.07120.1009
Slightly volatile
Current Ratio4.594.36962.4443
Slightly volatile
Receivables Turnover9.245.41328.5835
Very volatile
Graham Number2.682.81587.9393
Pretty Stable
Capex Per Share0.180.18561.2252
Slightly volatile
Revenue Per Share3.993.06415.1831
Pretty Stable
Interest Debt Per Share5.864.83857.7071
Slightly volatile
Debt To Assets0.50.7610.6596
Slightly volatile
Operating Cycle253241137
Slightly volatile
Days Of Payables Outstanding53.7244.18448.5928
Slightly volatile
Quick Ratio3.673.4922.11
Slightly volatile
Cash Ratio1.361.93121.2862
Pretty Stable
Days Of Inventory Outstanding18217388.1544
Slightly volatile
Days Of Sales Outstanding38.5967.427947.0331
Pretty Stable
Fixed Asset Turnover2.472.3571.5796
Slightly volatile
Debt Ratio0.50.7610.6596
Slightly volatile
Price Sales Ratio3.143.3065.5012
Slightly volatile
Asset Turnover0.40.50870.4982
Pretty Stable

Gogo Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap412.6 M713 M429.9 M
Slightly volatile

Gogo Fundamental Market Drivers

Forward Price Earnings13.3333
Cash And Short Term Investments139 M

Gogo Upcoming Events

27th of February 2024
Upcoming Quarterly Report
View
1st of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
27th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Gogo Financial Statements

Gogo investors utilize fundamental indicators, such as revenue or net income, to predict how Gogo Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred RevenueM952.9 K
Total Revenue397.6 M454.3 M
Cost Of Revenue133 M213.2 M
Stock Based Compensation To Revenue 0.05  0.06 
Sales General And Administrative To Revenue 0.14  0.24 
Research And Ddevelopement To Revenue 0.09  0.09 
Capex To Revenue 0.06  0.06 
Revenue Per Share 3.06  3.99 
Ebit Per Revenue 0.31  0.33 

Pair Trading with Gogo

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Gogo position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Gogo will appreciate offsetting losses from the drop in the long position's value.

Moving against Gogo Stock

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The ability to find closely correlated positions to Gogo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gogo when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Gogo - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Gogo Inc to buy it.
The correlation of Gogo is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Gogo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gogo Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Gogo can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Gogo Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gogo's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gogo Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gogo Inc Stock:
Check out the analysis of Gogo Correlation against competitors.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Wireless Telecommunication Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gogo. If investors know Gogo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gogo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.50)
Earnings Share
0.43
Revenue Per Share
3.139
Quarterly Revenue Growth
0.026
Return On Assets
0.0847
The market value of Gogo Inc is measured differently than its book value, which is the value of Gogo that is recorded on the company's balance sheet. Investors also form their own opinion of Gogo's value that differs from its market value or its book value, called intrinsic value, which is Gogo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gogo's market value can be influenced by many factors that don't directly affect Gogo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gogo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gogo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gogo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.