in air. online. gogo is the essential flight upgrade, granting access to exclusive in-air experiences that keep you connected to life. don’t leave ground without it. we empower passengers who travel with their wi-fi enabled devices, such as laptops and handhelds, and allow them to surf the web, check e-mail, instant message, access corporate vpns, and basically stay connected to life. it’s all part of our mission to become everyone’s favorite part of flying. you can also follow gogo on twitter.com/gogo and facebook.com/gogo
Company profile
Ticker
GOGO
Exchange
Website
CEO
Oakleigh Thorne
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
AC BidCo LLC • Gogo BA UK LTD • Gogo Business Aviation LLC • Gogo Connectivity Ltd. • Gogo Finance Co. Inc. • Gogo Intermediate Holdings LLC • Gogo International Holdco LTD • Gogo US International Holdco LLC ...
IRS number
271650905
GOGO stock data
Latest filings (excl ownership)
8-K
Gogo Announces Fourth Quarter and 2023 Results
28 Feb 24
10-K
2023 FY
Annual report
28 Feb 24
8-K
Regulation FD Disclosure
31 Jan 24
8-K
Gogo Announces Board Member Retirement
5 Jan 24
8-K
Departure of Directors or Certain Officers
13 Dec 23
10-Q
2023 Q3
Quarterly report
7 Nov 23
8-K
Gogo Announces Third Quarter Results
7 Nov 23
S-8
Registration of securities for employees
8 Aug 23
10-Q
2023 Q2
Quarterly report
7 Aug 23
8-K
Gogo Announces Second Quarter Results
7 Aug 23
Transcripts
GOGO
Earnings call transcript
2023 Q4
28 Feb 24
GOGO
Earnings call transcript
2023 Q3
7 Nov 23
GOGO
Earnings call transcript
2023 Q2
7 Aug 23
GOGO
Earnings call transcript
2023 Q1
3 May 23
GOGO
Earnings call transcript
2022 Q4
28 Feb 23
GOGO
Earnings call transcript
2022 Q3
3 Nov 22
GOGO
Earnings call transcript
2022 Q2
5 Aug 22
GOGO
Earnings call transcript
2022 Q1
5 May 22
GOGO
Earnings call transcript
2021 Q4
3 Mar 22
GOGO
Earnings call transcript
2021 Q3
4 Nov 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 86.49 mm | 86.49 mm | 86.49 mm | 86.49 mm | 86.49 mm | 86.49 mm |
Cash burn (monthly) | 3.68 mm | 5.50 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 22.02 mm | 32.90 mm | n/a | n/a | n/a | n/a |
Cash remaining | 64.47 mm | 53.59 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 17.5 | 9.7 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
50.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 123 |
Opened positions | 24 |
Closed positions | 63 |
Increased positions | 39 |
Reduced positions | 35 |
13F shares | Current |
---|---|
Total value | 291.12 bn |
Total shares | 64.76 mm |
Total puts | 0.00 |
Total calls | 18.50 k |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Silver | 31.74 mm | $338.34 mm |
Vanguard | 5.70 mm | $57.78 bn |
FMR | 4.64 mm | $46.97 bn |
Sancarin S.L. | 2.96 mm | $46.71 mm |
STT State Street | 2.44 mm | $24.68 bn |
William Blair Investment Management | 1.91 mm | $19.31 bn |
Dimensional Fund Advisors | 1.54 mm | $15.61 bn |
Capital International Investors | 1.49 mm | $15.10 bn |
LB Partners | 1.45 mm | $14.65 bn |
JPM JPMorgan Chase & Co. | 879.58 k | $8.91 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
24 Mar 24 | Jackson Karen | Common Stock | Payment of exercise | Dispose F | No | No | 8.5 | 1,743 | 14.82 k | 53,001 |
24 Mar 24 | Jackson Karen | Common Stock | Option exercise | Acquire M | No | No | 0 | 5,949 | 0.00 | 54,744 |
24 Mar 24 | Jackson Karen | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 5,949 | 0.00 | 11,898 |
24 Mar 24 | Aguirre Sergio A. | Common Stock | Payment of exercise | Dispose F | No | No | 8.5 | 4,569 | 38.84 k | 121,779 |
24 Mar 24 | Aguirre Sergio A. | Common Stock | Option exercise | Acquire M | No | No | 0 | 10,444 | 0.00 | 126,348 |
24 Mar 24 | Aguirre Sergio A. | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 10,444 | 0.00 | 20,888 |
24 Mar 24 | Jessica Betjemann | Common Stock | Payment of exercise | Dispose F | No | No | 8.5 | 1,903 | 16.18 k | 68,298 |
24 Mar 24 | Jessica Betjemann | Common Stock | Option exercise | Acquire M | No | No | 0 | 4,297 | 0.00 | 70,201 |
24 Mar 24 | Jessica Betjemann | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 4,297 | 0.00 | 8,593 |
24 Mar 24 | Oakleigh Thorne | Common Stock | Option exercise | Acquire M | No | No | 0 | 22,475 | 0.00 | 614,250 |
News
5 Value Stocks In The Communication Services Sector
4 Mar 24
Maize and Blue Stock Pitch Competition 2024 Showcases Analytical Excellence With Surprising Results, Including A Bearish Call
29 Feb 24
JP Morgan Reinstates Neutral on Gogo, Lowers Price Target to $11
29 Feb 24
Gogo CEO Expects 'Order-Of-Magnitude Improvements' With 5G Expansion Plans
28 Feb 24
Gogo Expects 2024 Total Revenue Of $410M-$425M Vs. $423.49M Consensus; Sees Adjusted EBITDA In The Range Of $110M-$125M
28 Feb 24
Press releases
Gogo Testing for Global Broadband Antenna Achieves Major Milestone
28 Mar 24
Gogo Announces Fourth Quarter and 2023 Results
28 Feb 24
Gogo Inc. to Report Fourth Quarter 2023 Financial Results on February 28, 2024
15 Feb 24
NetJets Signs New Connectivity Agreement Extending 20-Year Relationship with Gogo
7 Feb 24
Gogo Business Aviation Earns No. 1 Ranking on List of Best Places to Work in Colorado
2 Feb 24