Gogo Inc. (GOGO)

Gogo Inc. Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	397.58	404.07	335.72	269.72	308.99
Revenue Growth (YoY)	-1.61%	20.36%	24.47%	-12.71%	6.49%
Cost of Revenue	132.95	135.9	102.2	84.37	93.89
Gross Profit	264.63	268.17	233.52	185.35	215.1
Selling, General & Admin	87.08	83.67	72.54	69.6	75.86
Research & Development	36.68	29.59	24.87	25.23	26.01
Other Operating Expenses	16.7	12.58	15.48	14.17	16.69
Operating Expenses	140.46	125.84	112.9	109	118.57
Operating Income	124.17	142.33	120.63	76.35	96.53
Interest Expense / Income	33.06	38.87	67.47	125.79	130.47
Other Expense / Income	-6.49	-2.26	87.65	200.75	111.5
Pretax Income	97.6	105.72	-34.5	-250.18	-145.44
Income Tax	-48.08	13.66	-187.23	-0.15	0.56
Net Income	145.68	92.06	152.74	-250.04	-146
Net Income Growth	58.24%	-39.73%	-	-	-
Shares Outstanding (Basic)	130	123	103	82	81
Shares Outstanding (Diluted)	133	134	127	82	81
Shares Change	-0.48%	5.28%	54.63%	1.86%	0.91%
EPS (Basic)	1.12	0.75	1.46	-3.04	-1.81
EPS (Diluted)	1.09	0.71	1.28	-3.04	-1.81
EPS Growth	53.52%	-44.53%	-	-	-
Free Cash Flow	56.01	53.49	57.83	-141.68	57.59
Free Cash Flow Per Share	0.43	0.43	0.56	-1.72	0.71
Gross Margin	66.56%	66.37%	69.56%	68.72%	69.61%
Operating Margin	31.23%	35.22%	35.93%	28.31%	31.24%
Profit Margin	36.64%	22.78%	45.50%	-92.70%	-47.25%
Free Cash Flow Margin	14.09%	13.24%	17.22%	-52.53%	18.64%
Effective Tax Rate	-49.26%	12.92%	-	-	-
EBITDA	147.36	157.17	48.46	-110.23	1.72
EBITDA Margin	37.06%	38.90%	14.43%	-40.87%	0.56%
Depreciation & Amortization	16.7	12.58	15.48	14.17	16.69
EBIT	130.66	144.59	32.98	-124.4	-14.97
EBIT Margin	32.86%	35.78%	9.82%	-46.12%	-4.84%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).