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 - Q3 2024 - Nov 5, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 399 % -6.21%
Quick Ratio 82.2 % +2.35%
Debt-to-equity 1.44K %
Return On Equity 109 %
Return On Assets 7.04 % -66.4%
Operating Margin 24.8 % -26.7%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 126M shares -2.38%
Common Stock, Shares, Outstanding 126M shares -2.1%
Entity Public Float 1.11B USD +4.98%
Common Stock, Value, Issued 14K USD 0%
Weighted Average Number of Shares Outstanding, Basic 128K shares -1.56%
Weighted Average Number of Shares Outstanding, Diluted 130K shares -2.2%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 405M USD -0.79%
Research and Development Expense 39.7M USD +15.1%
Selling and Marketing Expense 33.9M USD +18.3%
General and Administrative Expense 78M USD +42.7%
Costs and Expenses 304M USD +12.8%
Operating Income (Loss) 100M USD -27.3%
Nonoperating Income (Expense) -26.7M USD +7.33%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 73.6M USD -32.6%
Income Tax Expense (Benefit) 17.2M USD -77.4%
Net Income (Loss) Attributable to Parent 56.4M USD -64.5%
Earnings Per Share, Basic 0.44 USD/shares -63.9%
Earnings Per Share, Diluted 0.43 USD/shares -63.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 177M USD +105%
Cash, Cash Equivalents, and Short-term Investments 139M USD -20.7%
Accounts Receivable, after Allowance for Credit Loss, Current 45.9M USD -7.05%
Inventory, Net 74.8M USD +19.2%
Assets, Current 347M USD +21.1%
Deferred Income Tax Assets, Net 209M USD -3.91%
Property, Plant and Equipment, Net 93.8M USD -7.08%
Operating Lease, Right-of-Use Asset 67.2M USD -6.11%
Intangible Assets, Net (Excluding Goodwill) 64.3M USD +23.4%
Goodwill 600K USD 0%
Other Assets, Noncurrent 24.2M USD -34.9%
Assets 811M USD +5.66%
Accounts Payable, Current 26.4M USD +72.5%
Employee-related Liabilities, Current 12.4M USD +65%
Accrued Liabilities, Current 61.5M USD +60.9%
Liabilities, Current 97M USD +55.2%
Operating Lease, Liability, Noncurrent 68M USD -8.7%
Other Liabilities, Noncurrent 9.13M USD +13.7%
Liabilities 758M USD +3.31%
Accumulated Other Comprehensive Income (Loss), Net of Tax 4.96M USD -79.3%
Retained Earnings (Accumulated Deficit) -1.17B USD +4.59%
Stockholders' Equity Attributable to Parent 52.7M USD +57.2%
Liabilities and Equity 811M USD +5.66%

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 +1.03%
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 177M USD +105%
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 79.2M USD -5.98%
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 37.5M USD -74.9%
Lessee, Operating Lease, Liability, to be Paid 97.4M USD -8.51%
Property, Plant and Equipment, Gross 226M USD +3.48%
Operating Lease, Liability, Current 11.2M USD +14.8%
Lessee, Operating Lease, Liability, to be Paid, Year Two 16.9M USD +5.69%
Lessee, Operating Lease, Liability, to be Paid, Year One 17.4M USD +530%
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 18.3M USD -18.1%
Lessee, Operating Lease, Liability, to be Paid, Year Three 15.3M USD +0.43%
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 13.4M USD -10.8%
Operating Lease, Payments 4.2M USD +5.69%
Amortization of Intangible Assets 900K USD -60.9%
Depreciation, Depletion and Amortization 16.4M USD +12.5%
Share-based Payment Arrangement, Expense 20.3M USD -1.83%
Interest Expense 34.4M USD +0.6%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%