Gogo was founded in 2006 and is headquartered in Chicago, US

CMO

CIO

Director, Ad Operations & Content Management

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'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.

$, USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Revenue | 328.1 m | 408.5 m | 500.9 m | 596.6 m |

## Revenue growth, % | 24% | 23% | 19% | |

## Operating expense total | 372.8 m | 459.2 m | 545.7 m | 623.2 m |

## EBIT | (44.7 m) | (50.7 m) | (44.8 m) | (26.6 m) |

## EBIT margin, % | (14%) | (12%) | (9%) | (4%) |

## Interest expense | 29.3 m | 32.7 m | 58.9 m | 83.6 m |

## Interest income | 64 k | 61 k | 181 k | 1.6 m |

## Pre tax profit | (110.2 m) | (83.4 m) | (106.4 m) | (123.2 m) |

## Income tax expense | 1.1 m | 1.2 m | 1.2 m | 1.3 m |

## Net Income | (111.3 m) | (84.5 m) | (107.6 m) | (124.5 m) |

$, USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Cash | 266.3 m | 211.2 m | 366.8 m | 117.3 m |

## Inventories | 13.6 m | 21.9 m | 20.9 m | 50.3 m |

## Current Assets | 322 m | 294.9 m | 468 m | 604.7 m |

## PP&E | 265.6 m | 363.1 m | 434.5 m | 519.8 m |

## Goodwill | 620 k | 620 k | 620 k | 620 k |

## Total Assets | 689 m | 767.6 m | 1 b | 1.2 b |

## Accounts Payable | 22.3 m | 41 m | 28.2 m | 31.7 m |

## Current Liabilities | 110 m | 151.5 m | 197.6 m | 251.1 m |

## Non-Current Liabilities | 308.8 m | 418.4 m | 740.6 m | 1 b |

## Total Liabilities | 418.8 m | 569.9 m | 938.2 m | 1.3 b |

## Additional Paid-in Capital | 871.3 m | 884.2 m | 861.2 m | 879.1 m |

## Retained Earnings | (600.7 m) | (685.3 m) | (792.9 m) | (917.4 m) |

## Total Equity | 270.2 m | 197.8 m | 66.2 m | (40.4 m) |

## Financial Leverage | 2.6 x | 3.9 x | 15.2 x | -30.9 x |

$, USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Net Income | (111.3 m) | (84.5 m) | (107.6 m) | (124.5 m) |

## Depreciation and Amortization | 55.5 m | 64.5 m | 87 m | 105.6 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 m | 8.3 m | (4.3 m) | (3.1 m) |

## Cash From Operating Activities | 17.8 m | 29 m | 104.9 m | 65 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 m | 68 m | 203.2 m | 201.1 m |

## Interest Paid | 24.8 m | 29.7 m | 38.7 m | 27.5 m |

## Income Taxes Paid | 261 k | 414 k | 446 k | 305 k |

Y, 2016 | |
---|---|

## Financial Leverage | -30.9 x |

Source: 61 public H-1B filings from Gogo