Gogo (GOGO) Income from Discontinued Operations (2019 - 2021)
Gogo's (GOGO) quarterly Income from Discontinued Operations came in at $9.6 million in Q4 2021, down 43.44% on a YoY basis from $16.9 million in Q4 2020, and up 209.13% quarter-over-quarter from -$8.8 million in Q3 2021.
Analysis
Gogo (GOGO) Income from Discontinued Operations (2019 - 2021) Analysis & Trends
Gogo (GOGO) has reported Income from Discontinued Operations for 3 consecutive years, with $9.6 million the latest figure, recorded in Q4 2021.
- For the quarter ending Q4 2021, Income from Discontinued Operations fell 43.44% year-over-year to $9.6 million; the trailing twelve-month figure through Sep 2022 stood at $9.6 million (up 173.56% YoY), and the FY2021 full-year result was -$3.9 million, up 98.09% from the prior year.
- Income from Discontinued Operations grew to $9.6 million in Q4 2021 per GOGO's latest filing, from -$8.8 million in the prior quarter.
- Across five years, Income from Discontinued Operations topped out at $16.9 million in Q4 2020 and bottomed at -$75.4 million in Q1 2020.
- Historically, Income from Discontinued Operations has averaged -$21.9 million across 3 years, with a median of -$8.6 million in 2019.
- The widest YoY moves for Income from Discontinued Operations: up 179.28% in 2020, down 829.65% in 2020.
- Over 3 years, Income from Discontinued Operations stood at -$21.3 million in 2019, then surged by 179.28% to $16.9 million in 2020, then tumbled by 43.44% to $9.6 million in 2021.
- According to Business Quant data, Income from Discontinued Operations over the past three periods registered $9.6 million, -$8.8 million, and -$2.9 million for Q4 2021, Q3 2021, and Q2 2021 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Income (Discontinued) (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 | Globalstar | 10.67 Bn | 10.26 Bn | 41.17 Mn | - |
| 4 | Viasat | 10.38 Bn | 8.72 Bn | 643.41 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 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2021 | 9.57 Mn |
| Sep 30, 2021 | -8.77 Mn |
| Jun 30, 2021 | -2.85 Mn |
| Mar 31, 2021 | -1.80 Mn |
| Dec 31, 2020 | 16.93 Mn |
| Sep 30, 2020 | -71.23 Mn |
| Jun 30, 2020 | -71.78 Mn |
| Mar 31, 2020 | -75.39 Mn |
| Dec 31, 2019 | -21.35 Mn |
| Sep 30, 2019 | -20.04 Mn |
| Jun 30, 2019 | -7.72 Mn |
| Mar 31, 2019 | -8.40 Mn |