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Gogo Inc. (GOGO) By: Bhuvanesh Murali, Avi Singh, and Karthik Maiya.

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Presentation on theme: "Gogo Inc. (GOGO) By: Bhuvanesh Murali, Avi Singh, and Karthik Maiya."— Presentation transcript:

1 Gogo Inc. (GOGO) By: Bhuvanesh Murali, Avi Singh, and Karthik Maiya

2 Company Profile Gogo Inc. provides in-flight broadband internet service for both commercial and business aircraft. Biggest provider of in-flight internet service Headquarters: Itasca, Illinois Founded in 1991 by Jimmy Ray 561 Employees IPO: 6/21/2013

3 Recent News Gogo upgrades WiFi technology to unlock speeds of up to 60 Mbps in 2014 o Average Internet connection speed in the US: 8.6Mbps Gogo launches in-flight internet for international flights o Gogo receives contracts from Delta Air Lines, US Airways, Virgin America and United Airlines. Gogo launches in-flight text and call program. FCC is willing to propose in-flight use of cellphones.

4 Numbers 52 Week Range: 9.71 - 35.77 Beta: - EPS: -7.27 P/E: - Market Cap: 2.51 B

5 Earnings Report Dec 2012Dec 2011Dec 2010 Sales233.52160.1694.66 Research and Development35.3522.2420.22 Net Income(32.71)23.62(113.38) * All numbers above are in the millions Website: http://www.fool.com/quote/NASDAQ/gogo-inc/GOGO/financial-statements?source=itxwebtxt0000013http://www.fool.com/quote/NASDAQ/gogo-inc/GOGO/financial-statements?source=itxwebtxt0000013

6 Graph (3 Month)

7 Graph (1 Year)

8 Competition Competitor Industry: Telecommunications Equipment o On Air o Panasonic Avionics Corporation o Thales Aerospace These are not direct competitors, as Gogo is one of the only companies to offer in-flight internet These are all privately owned companies that have some in-flight internet technology

9 Summary of Reason to Buy GOGO has a lot of room to grow o Speeding up connectivity speeds o Going international More and more airlines are creating contracts with GOGO as their service provider FCC is thinking about in-flight use of cellphones.

10 Buying/Selling Stock Buy: o When: Late January/Early February o 3 - 5 Shares Sell: o When: Late April/Early May o Price: $32.00

11 References https://www.google.com/finance?q=gogo&ei=-0iqUpDZJq210AHqcQ http://www.slashgear.com/gogo-inflight-wifi-upgrades-will-bring-potential-speeds-of- 60mbps-11297512/ http://www.slashgear.com/gogo-inflight-wifi-upgrades-will-bring-potential-speeds-of- 60mbps-11297512/ http://investorplace.com/ipo-playbook/gogo-inflight-internet-gogo-stock- soars/#.UqopY5FcK2k http://investorplace.com/ipo-playbook/gogo-inflight-internet-gogo-stock- soars/#.UqopY5FcK2k http://au.ibtimes.com/articles/521750/20131113/gogo-text-talk-app-flight-internet- s.htm#.UqI2Z2RDvt4 http://au.ibtimes.com/articles/521750/20131113/gogo-text-talk-app-flight-internet- s.htm#.UqI2Z2RDvt4 http://www.fool.com/quote/NASDAQ/gogo-inc/GOGO/financial- statements?source=itxwebtxt0000013 http://www.fool.com/quote/NASDAQ/gogo-inc/GOGO/financial- statements?source=itxwebtxt0000013 http://www.nasdaq.com/symbol/gogo/competitors http://finance.yahoo.com/q/co?s=GOGO+Competitors http://online.wsj.com/news/articles/SB1000142405270230365300457921221017877 4516?KEYWORDS=gogo http://online.wsj.com/news/articles/SB1000142405270230365300457921221017877 4516?KEYWORDS=gogo http://abcnews.go.com/Technology/flight-wi-fi-finally-faster-gogo-announces- system/story?id=20225166 http://abcnews.go.com/Technology/flight-wi-fi-finally-faster-gogo-announces- system/story?id=20225166


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