Gogo® is fast becoming everyone’s favorite part of flying. By allowing travelers to get online, in air, Gogo keeps them connected to life. Using Gogo’s exclusive network and services, passengers with laptops and other Wi-Fi enabled devices can get online on all domestic AirTran Airways, Delta Air Lines, Virgin America flights and on select Air Canada, Alaska Airlines, American Airlines, United Airlines and US Airways flights, Frontier Airlines coming soon – as well as on thousands of business aircraft – bringing the total to more than 6,000 Gogo equipped aircraft to date.
Company Growth (employees)
Type
Public
HQ
Chicago, US
Founded
2006
Size (employees)
1,183 (est)+11%
Gogo was founded in 2006 and is headquartered in Chicago, US

Key People at Gogo

Ash ElDifrawi

Ash ElDifrawi

CMO
Norman Smagley

Norman Smagley

CIO
Mark Verone

Mark Verone

Director, Ad Operations & Content Management

Gogo Office Locations

Gogo has offices in Chicago, Broomfield, Irvine, São Paulo and in 13 other locations
Chicago, US (HQ)
111 N Canal St
Irvine, US
Mac Arthur Blvd
Broomfield, US
105 Edgeview Dr

Gogo Data and Metrics

Gogo Financial Metrics

Gogo's revenue was reported to be $596.6 m in FY, 2016 which is a 19% increase from the previous period.
$, USD

Revenue (FY, 2016)

596.6 m

Revenue growth (FY, 2015 - FY, 2016), %

19%

Net income (FY, 2016)

(124.5 m)

EBIT (FY, 2016)

(26.6 m)

Market capitalization (28-Apr-2017)

1.1 b

Closing share price (28-Apr-2017)

12.8

Cash (31-Dec-2016)

117.3 m
Gogo's current market capitalization is $1.1 b.
$, USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

328.1 m408.5 m500.9 m596.6 m

Revenue growth, %

24%23%19%

Operating expense total

372.8 m459.2 m545.7 m623.2 m

EBIT

(44.7 m)(50.7 m)(44.8 m)(26.6 m)

EBIT margin, %

(14%)(12%)(9%)(4%)

Interest expense

29.3 m32.7 m58.9 m83.6 m

Interest income

64 k61 k181 k1.6 m

Pre tax profit

(110.2 m)(83.4 m)(106.4 m)(123.2 m)

Income tax expense

1.1 m1.2 m1.2 m1.3 m

Net Income

(111.3 m)(84.5 m)(107.6 m)(124.5 m)
$, USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

266.3 m211.2 m366.8 m117.3 m

Inventories

13.6 m21.9 m20.9 m50.3 m

Current Assets

322 m294.9 m468 m604.7 m

PP&E

265.6 m363.1 m434.5 m519.8 m

Goodwill

620 k620 k620 k620 k

Total Assets

689 m767.6 m1 b1.2 b

Accounts Payable

22.3 m41 m28.2 m31.7 m

Current Liabilities

110 m151.5 m197.6 m251.1 m

Non-Current Liabilities

308.8 m418.4 m740.6 m1 b

Total Liabilities

418.8 m569.9 m938.2 m1.3 b

Additional Paid-in Capital

871.3 m884.2 m861.2 m879.1 m

Retained Earnings

(600.7 m)(685.3 m)(792.9 m)(917.4 m)

Total Equity

270.2 m197.8 m66.2 m(40.4 m)

Financial Leverage

2.6 x3.9 x15.2 x-30.9 x
$, USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(111.3 m)(84.5 m)(107.6 m)(124.5 m)

Depreciation and Amortization

55.5 m64.5 m87 m105.6 m

Accounts Receivable

(1 m)(23 m)(22 m)(4.3 m)

Inventories

(1.5 m)(8.3 m)976 k(29 m)

Accounts Payable

2.3 m8.3 m(4.3 m)(3.1 m)

Cash From Operating Activities

17.8 m29 m104.9 m65 m

Purchases of PP&E

(105.2 m)(132.1 m)(135.2 m)(148.3 m)

Cash From Investing Activities

(135.1 m)(152 m)(153.3 m)(295.6 m)

Cash From Financing Activities

271.1 m68 m203.2 m201.1 m

Interest Paid

24.8 m29.7 m38.7 m27.5 m

Income Taxes Paid

261 k414 k446 k305 k
Y, 2016

Financial Leverage

-30.9 x

Gogo Operating Metrics

Q1, 2014Q2, 2014Q3, 2014FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017

Aircraft Online (Commercial Aviation - North America)

2.06 k2.06 k2.04 k2.1 k2.2 k2.25 k2.31 k2.39 k2.5 k2.6 k2.63 k2.67 k2.71 k

Average Equipment Revenue per Satellite Unit Sold

$48 k$44 k$47 k$47 k$39 k$41 k$44 k$41 k$43 k$44 k$45 k$43 k$47 k

ARPA (Commercial Aviation - North America)

9.2 k9.99 k10.13 k10.06 k11.19 k11.32 k11.3 k11.3 k11.14 k11.48 k11.15 k11.39 k11.79 k

Gross Passenger Opportunity (CA-NA)

74.67 k82.7 k82.97 k313.98 m74.38 k89.74 k95.6 m351.73 m90 m100.46 m108.35 m398.08 m95.61 m

ARPS (CA - NA)

$10.55$10.7$11.43$11.08$11.73$21.74$13$12.74$13.05$12.94$11.46$12.31$11.17

Connectivity Take Rate (CA - NA)

6.9%6.7%6.2%67%7.2%5.9%5.6%62%6%6.3%6%6%8%

Satellite Aircraft Online (Business Aviation)

5.25 k5.24 k5.32 k5.38 k5.4 k5.42 k5.43 k5.45 k5.49 k5.46 k5.47 k5.5 k5.51 k

ATG Aircraft Online (Business Aviation)

2.25 k2.42 k2.64 k2.8 k2.98 k3.17 k3.31 k3.48 k3.68 k3.8 k3.97 k4.17 k4.34 k

ARPA, Satelite (BA)

$160$172$168$167$169$179$184$182$214$226$211$221$224

ARPA, ATG (BA)

$2.01 k$2.02 k$2.08 k$2.06 k$2.17 k$2.23 k$2.33 k$2.3 k$2.5 k$2.53 k$2.54 k$2.55 k$2.8 k

Satellite Units Sold

15311916456114315512356013310812647788

ATG Units Sold

241233243943234227224923198202165737189

Average Equipment Revenue per ATG Unit Sold

$64 k$63 k$53 k$59 k$55 k$55 k$54 k$55 k$57 k$55 k$54 k$57 k$56 k

Aircraft Online (CA - Rest of World)

85202237249256267281

Aircraft Equivalents (CA - RoW)

85130175196209196207

Aircraft equivalents (Commercial Aviation - North America)

2.1 k2.27 k2.51 k2.62 k2.66 k2.63 k2.77 k

ARPA (CA - RoW)

$10.55 k$11.61 k$12.07 k$14.54 k$13.22 k$16.81 k

Gogo Market Value History

Gogo Revenue Breakdown

Gogo Job Categories

Gogo Median Salaries

Source: 61 public H-1B filings from Gogo

Gogo Online and Social Media Presence

Gogo News and Updates

Gogo Company Life and Culture

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