Gogo Inc. financial data

Symbol
GOGO on Nasdaq
Industry
Communications Services, NEC
Location
105 Edgeview Dr., Suite 300, Broomfield, CO
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 425 % +4.94%
Quick Ratio 87.6 % +23.9%
Debt-to-equity 1.57K %
Return On Equity 141 %
Return On Assets 8.44 % -60%
Operating Margin 28.5 % -16.1%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 127M shares -1.36%
Common Stock, Shares, Outstanding 127M shares -1.41%
Entity Public Float 1.11B USD +4.98%
Common Stock, Value, Issued 14K USD 0%
Weighted Average Number of Shares Outstanding, Basic 128K shares -1.17%
Weighted Average Number of Shares Outstanding, Diluted 132K shares -1.12%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 402M USD -3.17%
Research and Development Expense 39.1M USD +17.4%
Selling and Marketing Expense 32.4M USD +16%
General and Administrative Expense 66.4M USD +16.9%
Costs and Expenses 288M USD +4.85%
Operating Income (Loss) 115M USD -18.8%
Nonoperating Income (Expense) -25.4M USD +18.7%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 89.1M USD -18.8%
Income Tax Expense (Benefit) 22.4M USD
Net Income (Loss) Attributable to Parent 66.7M USD -57.8%
Earnings Per Share, Basic 0.52 USD/shares -57.4%
Earnings Per Share, Diluted 0.51 USD/shares -56.8%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 162M USD +66.2%
Cash, Cash Equivalents, and Short-term Investments 139M USD -20.7%
Accounts Receivable, after Allowance for Credit Loss, Current 53.7M USD +6.06%
Inventory, Net 69.1M USD +14.6%
Assets, Current 345M USD +34.3%
Deferred Income Tax Assets, Net 207M USD -7.5%
Property, Plant and Equipment, Net 94.7M USD -8.7%
Operating Lease, Right-of-Use Asset 67.8M USD -6.4%
Intangible Assets, Net (Excluding Goodwill) 60.4M USD +19.7%
Goodwill 600K USD 0%
Other Assets, Noncurrent 23.5M USD -37.1%
Assets 803M USD +7.67%
Accounts Payable, Current 25.3M USD +45.7%
Employee-related Liabilities, Current 10M USD +32.4%
Accrued Liabilities, Current 53M USD +47.4%
Liabilities, Current 87.4M USD +40%
Operating Lease, Liability, Noncurrent 69.5M USD -8.55%
Other Liabilities, Noncurrent 8.77M USD +11.4%
Liabilities 751M USD +1.95%
Accumulated Other Comprehensive Income (Loss), Net of Tax 12M USD -52.3%
Retained Earnings (Accumulated Deficit) -1.18B USD +5.34%
Stockholders' Equity Attributable to Parent 52M USD +465%
Liabilities and Equity 803M USD +7.67%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 29.7M USD +60.2%
Net Cash Provided by (Used in) Financing Activities -13.3M USD -78.6%
Net Cash Provided by (Used in) Investing Activities -2.6M USD -267%
Common Stock, Shares Authorized 500M shares 0%
Common Stock, Shares, Issued 139M shares +0.94%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 13.8M USD +8.4%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 162M USD +66%
Interest Paid, Excluding Capitalized Interest, Operating Activities 14.2M USD -5.38%
Deferred Tax Assets, Valuation Allowance 25.6M USD -73.7%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 275M USD -7.64%
Operating Lease, Liability 80M USD -6.23%
Depreciation 1.9M USD
Payments to Acquire Property, Plant, and Equipment 1.45M USD -53.4%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 53.5M USD -66.7%
Lessee, Operating Lease, Liability, to be Paid 99.1M USD -8.64%
Property, Plant and Equipment, Gross 223M USD +2.63%
Operating Lease, Liability, Current 10.6M USD +12.5%
Lessee, Operating Lease, Liability, to be Paid, Year Two 16.3M USD +4.24%
Lessee, Operating Lease, Liability, to be Paid, Year One 16.7M USD +146%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure 0%
Deferred Income Tax Expense (Benefit) 10.6M USD +149%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 19.1M USD -17.5%
Lessee, Operating Lease, Liability, to be Paid, Year Three 14.7M USD -0.38%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 100M shares 0%
Unrecognized Tax Benefits 1.93M USD +142%
Lessee, Operating Lease, Liability, to be Paid, Year Four 13.1M USD -10.5%
Operating Lease, Payments 4.2M USD +5.69%
Amortization of Intangible Assets 1.2M USD -52%
Depreciation, Depletion and Amortization 17.1M USD +35.5%
Share-based Payment Arrangement, Expense 20.5M USD +1.84%
Interest Expense 32.8M USD -6.28%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%