Gogo (GOGO) Current Leases (2014 - 2023)
Gogo's (GOGO) quarterly Current Leases came in at $10.3 million in Q4 2023, up 13.09% on a YoY basis from $9.1 million in Q4 2022, and up 13.09% quarter-over-quarter from $9.1 million in Q4 2022.
Analysis
Gogo (GOGO) Current Leases (2014 - 2023) Analysis & Trends
Gogo (GOGO) has reported Current Leases for 10 consecutive years, with $10.3 million the latest figure, recorded in Q4 2023.
- For the quarter ending Q4 2023, Current Leases rose 13.09% year-over-year to $10.3 million; the trailing twelve-month figure through Dec 2023 stood at $10.3 million (up 13.09% YoY), and the FY2023 full-year result was $10.3 million, up 13.09% from the prior year.
- Current Leases rose to $10.3 million in Q4 2023 per GOGO's latest filing, from $9.1 million in the prior quarter.
- Across five years, Current Leases topped out at $10.3 million in Q4 2023 and bottomed at $7.2 million in Q3 2020.
- Historically, Current Leases has averaged $8.4 million across 5 years, with a median of $8.2 million in 2021.
- The sharpest annual moves came in 2019 and 2021: Current Leases jumped 1062.58% in 2019, then declined 7.97% in 2021.
- Over 5 years, Current Leases stood at $7.6 million in 2019, then increased by 6.72% to $8.1 million in 2020, then declined by 7.97% to $7.4 million in 2021, then advanced by 22.17% to $9.1 million in 2022, then advanced by 13.09% to $10.3 million in 2023.
- According to Business Quant data, Current Leases over the past three periods registered $10.3 million, $9.1 million, and $7.4 million for Q4 2023, Q4 2022, and Q4 2021 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | EchoStar | 26.05 Bn | 24.60 Bn | 1.65 Bn | - |
| 2 | AST SpaceMobile | 24.25 Bn | 24.75 Bn | 9.12 Mn | 3.75 Mn |
| 3 | Globalstar | 10.67 Bn | 10.26 Bn | 41.17 Mn | - |
| 4 | Viasat | 10.38 Bn | 8.72 Bn | 643.41 Mn | 62.72 Mn |
| 5 | Iridium Communications | 5.00 Bn | 4.82 Bn | 173.92 Mn | - |
| 6 | Telesat | 666.48 Mn | 973.30 Mn | 53.65 Mn | - |
| 7 | Gogo | 384.81 Mn | 321.68 Mn | - | - |
| 8 | Kvh Industries Inc \De\ | 139.10 Mn | 81.38 Mn | 14.63 Mn | 790,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 10.28 Mn |
| Dec 31, 2022 | 9.09 Mn |
| Dec 31, 2021 | 7.44 Mn |
| Jun 30, 2021 | 8.29 Mn |
| Mar 31, 2021 | 8.20 Mn |
| Dec 31, 2020 | 8.09 Mn |
| Sep 30, 2020 | 7.20 Mn |
| Jun 30, 2020 | 8.99 Mn |
| Dec 31, 2019 | 7.58 Mn |
| Dec 31, 2018 | 652,000.00 |
| Sep 30, 2018 | 1.23 Mn |
| Jun 30, 2018 | 1.44 Mn |
| Mar 31, 2018 | 1.47 Mn |
| Dec 31, 2017 | 1.79 Mn |
| Sep 30, 2017 | 2.15 Mn |
| Jun 30, 2017 | 2.61 Mn |
| Mar 31, 2017 | 3.00 Mn |
| Dec 31, 2016 | 2.80 Mn |
| Sep 30, 2016 | 2.80 Mn |
| Jun 30, 2016 | 2.80 Mn |