Gogo Inc (OQ:GOGO)
Business Focus: N/A
| Sector: Technology | Industry: N/A |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 105 Edgeview Dr., Suite 300 BROOMFIELD CO 80021 |
| Tel: | 1-917-5196994 |
| Website: | https://ir.gogoair.com |
| IR: | See website |
| Key People | ||
| Oakleigh B. Thorne Chairman of the Board, Chief Executive Officer | Sergio A. Aguirre President, Chief Operating Officer | Jessica Betjemann Executive Vice President, Chief Financial Officer |
| Crystal L. Gordon Executive Vice President, General Counsel, Secretary | Leigh Goldfine Chief Accounting Officer, Vice President, Controller | |
| Business Overview |
| Gogo Inc. is a provider of broadband connectivity services for the business aviation market. The Company is focused primarily on business aviation aircraft in North America and provides in-flight connectivity in that market. The Company offers a customizable suite of smart cabin systems for highly integrated connectivity, inflight entertainment and voice solutions. Its products and services are installed on various business aircraft of all sizes and mission types from turboprops to jets. It offers a range of in-flight services for passengers, flight and cabin crews and its aviation partners. It offers a variety of connectivity services tailored to its various networks and technologies. It offers service plans ranging from unlimited data usage to an hourly monthly consumption plan. It flies 3,976 business aircraft with its AVANCE L5 or L3 system installed, 7,205 aircraft flying with its broadband ATG systems onboard, and 4,341 aircraft with narrowband satellite connectivity installed. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Gogo Inc revenues decreased 2% to $397.6M. Net income increased 58% to $145.7M. Revenues reflect ATG segment decrease of 29% to $64.6M, Satellite segment decrease of 20% to $8M. Net income reflects Interest Income increase from $2.4M to $7.4M (income), Interest Expense - Balancing value decrease of 7% to $33.6M (expense). |
| Employees: | 457 as of Dec 31, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $1,521M as of Dec 31, 2023 |
| Annual revenue (TTM): | $397.58M as of Dec 31, 2023 |
| EBITDA (TTM): | $140.87M as of Dec 31, 2023 |
| Net annual income (TTM): | $145.68M as of Dec 31, 2023 |
| Free cash flow (TTM): | $54.88M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | $455.72M as of Dec 31, 2023 |
| Shares outstanding: | 128,069,108 as of Feb 23, 2024 |
| Index Membership: | S&P 600 Small Cap |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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