gogo inc. (gogo) by: bhuvanesh murali, avi singh, and karthik maiya

11
Gogo Inc. (GOGO) By: Bhuvanesh Murali, Avi Singh, and Karthik Maiya

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

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

Page 2: Gogo Inc. (GOGO) By: Bhuvanesh Murali, Avi Singh, and Karthik Maiya

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

Page 3: Gogo Inc. (GOGO) By: Bhuvanesh Murali, Avi Singh, and Karthik Maiya

Recent News

• Gogo upgrades WiFi technology to unlock speeds of up to 60 Mbps in 2014o Average Internet connection speed in the US: 8.6Mbps

• Gogo launches in-flight internet for international flightso 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.

Page 4: Gogo Inc. (GOGO) By: Bhuvanesh Murali, Avi Singh, and Karthik Maiya

Numbers

• 52 Week Range: 9.71 - 35.77

• Beta: -

• EPS: -7.27

• P/E: -

• Market Cap: 2.51 B

Page 5: Gogo Inc. (GOGO) By: Bhuvanesh Murali, Avi Singh, and Karthik Maiya

Earnings Report

Dec 2012 Dec 2011 Dec 2010

Sales 233.52 160.16 94.66

Research and Development 35.35 22.24 20.22

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=itxwebtxt0000013

Page 6: Gogo Inc. (GOGO) By: Bhuvanesh Murali, Avi Singh, and Karthik Maiya

Graph (3 Month)

Page 7: Gogo Inc. (GOGO) By: Bhuvanesh Murali, Avi Singh, and Karthik Maiya

Graph (1 Year)

Page 8: Gogo Inc. (GOGO) By: Bhuvanesh Murali, Avi Singh, and Karthik Maiya

Competition

• Competitor Industry: Telecommunications Equipmento On Airo Panasonic Avionics Corporationo 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

Page 9: Gogo Inc. (GOGO) By: Bhuvanesh Murali, Avi Singh, and Karthik Maiya

Summary of Reason to Buy

• GOGO has a lot of room to growo Speeding up connectivity speedso Going international

• More and more airlines are creating contracts with GOGO as their service provider

• FCC is thinking about in-flight use of cellphones.

Page 10: Gogo Inc. (GOGO) By: Bhuvanesh Murali, Avi Singh, and Karthik Maiya

Buying/Selling Stock

• Buy:o When: Late January/Early Februaryo 3 - 5 Shares

• Sell:o When: Late April/Early Mayo Price: $32.00

Page 11: Gogo Inc. (GOGO) By: Bhuvanesh Murali, Avi Singh, and Karthik Maiya

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://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://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/SB10001424052702303653004579212210178774516?KEYWORDS=gogo

• http://abcnews.go.com/Technology/flight-wi-fi-finally-faster-gogo-announces-system/story?id=20225166