Gogo Inc. Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	133.57	41.77	139.04	150.55	145.91	435.35
Short-Term Investments	-	-	-	24.8	-	-
Trading Asset Securities	4.49	9.52	23.23	28.5	0.93	-
Cash & Short-Term Investments	138.07	51.28	162.26	203.84	146.84	435.35
Cash Growth	-26.68%	-68.39%	-20.40%	38.82%	-66.27%	156.06%
Accounts Receivable	123.62	119.12	55.17	60.7	42.26	42.25
Other Receivables	31.32	14.78	18.27	-	1.94	-
Receivables	154.94	133.9	73.45	60.7	44.2	42.25
Inventory	84.79	101.45	65.79	52.39	36.5	28.24
Restricted Cash	-	-	-	-	-	0.53
Other Current Assets	45.81	36.47	13.09	7.21	22.38	5.87
Total Current Assets	423.61	323.09	314.59	324.15	249.91	512.23
Property, Plant & Equipment	176.17	187.59	168.68	179.86	134.66	97.18
Long-Term Investments	1.48	10.87	10.3	25.58	11.36	-
Goodwill	192.64	184.83	0.62	0.62	0.62	0.62
Other Intangible Assets	255.71	275.33	55.03	48.89	48.93	52.07
Long-Term Accounts Receivable	25.63	17.42	9.63	13.38	13.22	9.78
Long-Term Deferred Tax Assets	210.32	217.31	216.64	162.66	185.13	-
Long-Term Deferred Charges	1.78	2.34	1.01	1.45	1.88	-
Other Long-Term Assets	7.78	10.44	5.05	2.96	1.97	1.71
Total Assets	1,295	1,229	781.54	759.53	647.69	673.59
Accounts Payable	74.39	67.23	16.09	13.65	17.2	11.01
Accrued Expenses	42.9	39.7	18.78	35.67	27.5	41.9
Current Portion of Long-Term Debt	2.5	2.5	7.25	7.25	109.62	341
Current Portion of Leases	14.33	12.75	10.28	9.09	7.44	8.09
Current Income Taxes Payable	9.72	8.97	2.17	2.28	2	2.02
Current Unearned Revenue	32.11	30.41	1	3.42	1.83	12.51
Other Current Liabilities	67.78	20.47	16.41	13.01	22.93	21.6
Total Current Liabilities	243.73	182.03	72	84.37	188.52	438.14
Long-Term Debt	833.03	831.58	587.5	690.17	694.76	827.97
Long-Term Leases	58.77	68.25	73.05	79.24	77.33	38.02
Long-Term Deferred Tax Liabilities	-	4.7	-	-	-	2.11
Other Long-Term Liabilities	52.62	73.35	8.27	7.61	7.24	8.47
Total Liabilities	1,188	1,160	740.81	861.4	967.84	1,315
Common Stock	0.01	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	1,283	1,460	1,402	1,386	1,258	1,089
Retained Earnings	-1,177	-1,200	-1,214	-1,360	-1,452	-1,630
Treasury Stock	-	-196.38	-163.2	-158.38	-128.8	-98.86
Comprehensive Income & Other	0.96	5.57	15.8	30.13	1.79	-1.01
Shareholders' Equity	106.96	69.32	40.73	-101.87	-320.15	-641.11
Total Liabilities & Equity	1,295	1,229	781.54	759.53	647.69	673.59
Total Debt	908.63	915.08	678.08	785.76	889.15	1,215
Net Cash (Debt)	-770.56	-863.8	-515.82	-581.92	-742.32	-779.73
Net Cash Per Share	-5.83	-6.57	-3.87	-4.35	-5.84	-9.48
Filing Date Shares Outstanding	133.85	131.35	128.07	127.91	110.88	86.4
Total Common Shares Outstanding	133.85	130.92	128.46	127.84	110.79	85.99
Working Capital	179.88	141.07	242.6	239.78	61.4	74.09
Book Value Per Share	0.80	0.53	0.32	-0.80	-2.89	-7.46
Tangible Book Value	-341.39	-390.84	-14.92	-151.38	-369.71	-693.81
Tangible Book Value Per Share	-2.55	-2.99	-0.12	-1.18	-3.34	-8.07
Land	6.54	6.54	-	-	-	-
Machinery	242.52	230.93	203.33	196.61	155.36	150.87
Leasehold Improvements	16.76	16.19	16.13	15.36	13.55	12.01

Source: S&P Global Market Intelligence. Standard template. Financial Sources.