OverviewSuggest Edit

Gogo Inc. is a provider of in-flight broadband Internet service and other connectivity services for commercial and business aircraft. The Company's solutions integrate Gogo’s proprietary hardware and software on the aircraft with satellite and ground-based networks engineered to meet the needs of global aviation. Gogo supports aircraft operators globally with services ranging from installation and maintenance to monitoring and management of connectivity services. The Company also provides software platforms for an expanding suite of passenger and aircraft operator applications.

TypePublic
Founded2006
HQChicago, US
Websitegogoair.com
Employee Ratings3.1

Latest Updates

Employees (est.) (Dec 2018)1,153(-7%)
Revenue (FY, 2018)$893.8 M(+28%)
Share Price (Nov 2019)$6.5 (+4%)

Key People/Management at Gogo

Oakleigh Thorne

Oakleigh Thorne

President and Chief Executive Officer
John Wade

John Wade

COO
Barry Rowan

Barry Rowan

Evp & CFO
Jon Cobin

Jon Cobin

EVP & Chief Commercial Officer
Anand Chari

Anand Chari

Evp & CTO
Karen Jackson

Karen Jackson

SVP, Human Resources
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Gogo Office Locations

Gogo has offices in Chicago and Broomfield
Chicago, US (HQ)
111 N Canal St
Broomfield, US
105 Edgeview Dr
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Gogo Financials and Metrics

Gogo Revenue

Gogo's revenue was reported to be $893.76 m in FY, 2018
USD

Revenue (Q2, 2019)

213.7m

Net income (Q2, 2019)

(84.0m)

EBIT (Q2, 2019)

9.7m

Market capitalization (7-Nov-2019)

572.4m

Closing stock price (7-Nov-2019)

6.5

Cash (30-Jun-2019)

181.9m

EV

1.5b
Gogo's current market capitalization is $572.4 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

328.1m408.5m500.9m596.6m699.1m893.8m

Revenue growth, %

24%23%19%

Sales and marketing expense

30.6m56.1m61.2m64.0m58.8m

General and administrative expense

69.0m86.8m84.9m93.7m94.3m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Revenue

85.4m95.7m99.5m104.0m121.2m126.4m141.7m147.5m147.3m165.4m172.8m172.9m231.8m227.5m217.3m199.5m213.7m

Sales and marketing expense

7.6m8.0m9.7m10.4m11.5m12.3m14.7m16.8m14.9m14.4m16.6m16.3m15.9m15.4m14.0m12.3m13.0m

General and administrative expense

18.9m17.6m19.9m21.1m25.6m26.8m21.0m22.4m21.7m22.5m23.5m24.1m25.2m21.1m24.9m22.5m27.1m

Operating expense total

96.3m105.0m110.4m119.3m129.8m138.0m150.3m154.6m156.0m180.1m190.1m190.7m234.0m234.9m224.9m188.1m204.0m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

266.3m211.2m366.8m117.3m196.4m184.2m

Accounts Receivable

Inventories

13.6m21.9m20.9m50.3m45.5m193.0m

Current Assets

322.0m294.9m468.0m604.7m592.9m585.5m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(111.3m)(84.5m)(107.6m)(124.5m)(172.0m)(162.0m)

Depreciation and Amortization

55.5m64.5m87.0m105.6m145.5m133.6m

Inventories

(1.5m)(8.3m)976.0k(29.3m)4.7m(50.8m)

Accounts Payable

2.3m8.3m(4.3m)(3.1m)3.4m(3.9m)
USDY, 2019

EV/EBIT

153.4 x

EV/CFO

267.9 x

Financial Leverage

-3.5 x
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Gogo Operating Metrics

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

Aircraft Equivalents (CA - RoW)

85 130 175 196 209 196 207 247 295

Aircraft Online (CA - Rest of World)

85 202 237 249 256 267 281 318 352

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$42 k$38 k

Gross Passenger Opportunity (CA-NA)

74.67 m82.70 m82.97 m313.98 m74.38 m89.74 m95.60 m351.73 m90 m100.46 m108.35 m398.08 m95.61 m108.48 m110.79 m
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Gogo Revenue Breakdown

Embed Graph

Gogo revenue breakdown by business segment: 62.3% from Commercial Aviation North America, 33.5% from Business Aviation and 4.3% from Other

Gogo Online and Social Media Presence

Embed Graph

Gogo Blogs

Gogo Recognized with Best Digital Solution Award at Airline Summit in Shanghai

Award Acknowledges Gogo's Advances in Technology and Innovation

Gogo's AVANCE platform tops 175,000 business aviation flights

More than 1,000 AVANCE systems installed and flying

Gogo Announces Partners For 5G Network and Onboard Systems

U.S.-based companies Cisco, Airspan Networks and FIRST RF will play key roles in Gogo's 5G network development and deployment

Embraer Receives Gogo AVANCE L5 STC FAA Approval For Its In-Service Phenom 300 Business Jets

Phenom 300 is the fifth jet from Embraer that can receive AVANCE L5
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Gogo Frequently Asked Questions

  • When was Gogo founded?

    Gogo was founded in 2006.

  • Who are Gogo key executives?

    Gogo's key executives are Oakleigh Thorne, John Wade and Barry Rowan.

  • How many employees does Gogo have?

    Gogo has 1,153 employees.

  • What is Gogo revenue?

    Latest Gogo annual revenue is $893.8 m.

  • What is Gogo revenue per employee?

    Latest Gogo revenue per employee is $775.2 k.

  • Who are Gogo competitors?

    Competitors of Gogo include Waav, Pivotal Commware and Baicells Technologies.

  • Where is Gogo headquarters?

    Gogo headquarters is located at 111 N Canal St, Chicago.

  • Where are Gogo offices?

    Gogo has offices in Chicago and Broomfield.

  • How many offices does Gogo have?

    Gogo has 2 offices.