Gogo Past Earnings Performance
Past criteria checks 2/6
Gogo has been growing earnings at an average annual rate of 47.5%, while the Wireless Telecom industry saw earnings growing at 26.6% annually. Revenues have been growing at an average rate of 8.2% per year. Gogo's return on equity is 107%, and it has net margins of 13.9%.
Key information
47.5%
Earnings growth rate
48.8%
EPS growth rate
| Wireless Telecom Industry Growth | 23.1% |
| Revenue growth rate | 8.2% |
| Return on equity | 107.0% |
| Net Margin | 13.9% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Should You Investigate Gogo Inc. (NASDAQ:GOGO) At US$8.14?
Nov 28
Gogo: Quite Undervalued Despite Gogo 5G Introduction
Nov 08Gogo Inc. (NASDAQ:GOGO) Stock Rockets 34% As Investors Are Less Pessimistic Than Expected
Nov 06These 4 Measures Indicate That Gogo (NASDAQ:GOGO) Is Using Debt Extensively
Oct 04At US$8.66, Is It Time To Put Gogo Inc. (NASDAQ:GOGO) On Your Watch List?
Aug 02Lacklustre Performance Is Driving Gogo Inc.'s (NASDAQ:GOGO) Low P/E
Jul 12Gogo: A Fair Price Considering Its Risks
Jun 06Shareholders Will Likely Find Gogo Inc.'s (NASDAQ:GOGO) CEO Compensation Acceptable
May 29Gogo's (NASDAQ:GOGO) Earnings Might Be Weaker Than You Think
May 14Gogo Inc. Just Recorded A 250% EPS Beat: Here's What Analysts Are Forecasting Next
May 10Gogo (NASDAQ:GOGO) Takes On Some Risk With Its Use Of Debt
Apr 26Gogo Inc.'s (NASDAQ:GOGO) Price Is Right But Growth Is Lacking
Apr 05Gogo Q4 2023: Focus On The Service Business (Rating Upgrade)
Mar 12Gogo Inc. Just Beat EPS By 6.3%: Here's What Analysts Think Will Happen Next
Mar 02At US$8.30, Is It Time To Put Gogo Inc. (NASDAQ:GOGO) On Your Watch List?
Feb 29There Is A Reason Gogo Inc.'s (NASDAQ:GOGO) Price Is Undemanding
Jan 04Here's Why Gogo (NASDAQ:GOGO) Has A Meaningful Debt Burden
Dec 13Should You Investigate Gogo Inc. (NASDAQ:GOGO) At US$10.09?
Nov 10Gogo (NASDAQ:GOGO) Has A Somewhat Strained Balance Sheet
Sep 13What Is Gogo Inc.'s (NASDAQ:GOGO) Share Price Doing?
Aug 04Should You Think About Buying Gogo Inc. (NASDAQ:GOGO) Now?
May 05Investors Appear Satisfied With Gogo Inc.'s (NASDAQ:GOGO) Prospects
Apr 03An Intrinsic Calculation For Gogo Inc. (NASDAQ:GOGO) Suggests It's 27% Undervalued
Nov 02Revenue & Expenses Breakdown
How Gogo makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 405 | 56 | 105 | 40 |
| 30 Jun 24 | 402 | 67 | 99 | 39 |
| 31 Mar 24 | 403 | 156 | 89 | 38 |
| 31 Dec 23 | 398 | 146 | 87 | 37 |
| 30 Sep 23 | 408 | 159 | 83 | 35 |
| 30 Jun 23 | 415 | 158 | 85 | 33 |
| 31 Mar 23 | 410 | 90 | 85 | 32 |
| 31 Dec 22 | 404 | 92 | 84 | 30 |
| 30 Sep 22 | 388 | 272 | 84 | 28 |
| 30 Jun 22 | 370 | 271 | 83 | 26 |
| 31 Mar 22 | 355 | 183 | 78 | 25 |
| 31 Dec 21 | 336 | 155 | 73 | 25 |
| 30 Sep 21 | 321 | -69 | 74 | 26 |
| 30 Jun 21 | 300 | -97 | 69 | 24 |
| 31 Mar 21 | 273 | -45 | 65 | 23 |
| 31 Dec 20 | 270 | -49 | 70 | 25 |
| 30 Sep 20 | 278 | -33 | 65 | 25 |
| 30 Jun 20 | 293 | -27 | 66 | 28 |
| 31 Mar 20 | 180 | -81 | 57 | 9 |
| 31 Dec 19 | 309 | -88 | 76 | 26 |
| 30 Sep 19 | 440 | -147 | 94 | 51 |
| 30 Jun 19 | 576 | -182 | 103 | 72 |
| 31 Mar 19 | 861 | -151 | 151 | 115 |
| 31 Dec 18 | 290 | -52 | 82 | 19 |
| 30 Sep 18 | 865 | -143 | 157 | 118 |
| 30 Jun 18 | 820 | -151 | 171 | 120 |
| 31 Mar 18 | 766 | -158 | 162 | 127 |
| 31 Dec 17 | 699 | -172 | 158 | 133 |
| 30 Sep 17 | 671 | -158 | 152 | 128 |
| 30 Jun 17 | 645 | -146 | 148 | 122 |
| 31 Mar 17 | 620 | -142 | 147 | 111 |
| 31 Dec 16 | 597 | -125 | 146 | 97 |
| 30 Sep 16 | 574 | -131 | 152 | 99 |
| 30 Jun 16 | 553 | -127 | 151 | 96 |
| 31 Mar 16 | 527 | -112 | 147 | 90 |
| 31 Dec 15 | 501 | -108 | 143 | 87 |
| 30 Sep 15 | 472 | -98 | 129 | 84 |
| 30 Jun 15 | 450 | -94 | 124 | 77 |
| 31 Mar 15 | 428 | -88 | 119 | 74 |
| 31 Dec 14 | 408 | -85 | 113 | 70 |
| 30 Sep 14 | 392 | -83 | 115 | 60 |
| 30 Jun 14 | 373 | -76 | 110 | 55 |
| 31 Mar 14 | 353 | -130 | 104 | 52 |
| 31 Dec 13 | 328 | -146 | 93 | 54 |
Quality Earnings: GOGO has high quality earnings.
Growing Profit Margin: GOGO's current net profit margins (13.9%) are lower than last year (38.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GOGO has become profitable over the past 5 years, growing earnings by 47.5% per year.
Accelerating Growth: GOGO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: GOGO had negative earnings growth (-64.5%) over the past year, making it difficult to compare to the Wireless Telecom industry average (17.8%).
Return on Equity
High ROE: Whilst GOGO's Return on Equity (107.02%) is outstanding, this metric is skewed due to their high level of debt.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 22:42 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Gogo Inc. is covered by 13 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Richard Ryan | Colliers Securities |
| Jonathan Schildkraut | Evercore ISI |
| Robert Gutman | Guggenheim Securities, LLC |