Gogo (GOGO) Divestments (2019 - 2021)
Gogo's (GOGO) quarterly Divestments came in at -$7.8 million in Q4 2021, down 102.02% on a YoY basis from $385.5 million in Q4 2020, and down 102.02% quarter-over-quarter from $385.5 million in Q4 2020.
Analysis
Gogo (GOGO) Divestments (2019 - 2021) Analysis & Trends
Gogo (GOGO) has reported Divestments for 3 consecutive years, with -$7.8 million the latest figure, recorded in Q4 2021.
- For the quarter ending Q4 2021, Divestments fell 102.02% year-over-year to -$7.8 million; the trailing twelve-month figure through Sep 2022 stood at -$7.8 million (down 102.02% YoY), and the FY2021 full-year result was -$7.8 million, down 102.18% from the prior year.
- Divestments fell to -$7.8 million in Q4 2021 per GOGO's latest filing, from $385.5 million in the prior quarter.
- Across five years, Divestments topped out at $385.5 million in Q4 2020 and bottomed at -$36.2 million in Q4 2019.
- Historically, Divestments has averaged $52.2 million across 3 years, with a median of -$10.0 million in 2020.
- The sharpest annual moves came in 2020 and 2021: Divestments soared 1166.34% in 2020, then plunged 102.02% in 2021.
- Over 3 years, Divestments stood at -$36.2 million in 2019, then jumped by 1166.34% to $385.5 million in 2020, then plunged by 102.02% to -$7.8 million in 2021.
- According to Business Quant data, Divestments over the past three periods registered -$7.8 million, $385.5 million, and -$12.2 million for Q4 2021, Q4 2020, and Q3 2020 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | EchoStar | 26.70 Bn | 25.21 Bn | 1.65 Bn | - |
| 2 | AST SpaceMobile | 17.92 Bn | 17.92 Bn | 9.12 Mn | - |
| 3 | Globalstar | 10.58 Bn | 10.17 Bn | 41.17 Mn | - |
| 4 | Viasat | 10.16 Bn | 8.42 Bn | 643.41 Mn | - |
| 5 | Iridium Communications | 5.03 Bn | 4.84 Bn | 173.92 Mn | - |
| 6 | Telesat | 688.26 Mn | 410.80 Mn | 53.65 Mn | - |
| 7 | Gogo | 352.21 Mn | 289.07 Mn | - | - |
| 8 | Kvh Industries Inc \De\ | 138.28 Mn | 80.56 Mn | 14.63 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2021 | -7.80 Mn |
| Dec 31, 2020 | 385.55 Mn |
| Sep 30, 2020 | -12.21 Mn |
| Jun 30, 2020 | -1.60 Mn |
| Mar 31, 2020 | -14.35 Mn |
| Dec 31, 2019 | -36.16 Mn |