Gogo Inc.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | $-172.0M | $-124.5M | $-107.6M | $-84.5M | $-111.3M | $-32.7M | $23.6M |
| Depreciation & Amortization | $145.5M | $105.6M | $87.0M | $64.5M | $55.5M | $36.9M | $32.7M |
| Depreciation | $120.6M | $84.1M | $69.4M | $53.4M | $46.3M | $29.5M | $22.6M |
| Amortization | $24.9M | $21.6M | $17.6M | $11.0M | $9.2M | $7.4M | $10.1M |
| Stock-Based Compensation | $19.8M | $17.6M | $15.3M | $9.8M | $5.6M | $3.5M | $1.8M |
| Net Cash from Operating Activities | $60.3M | $65.0M | $104.9M | $29.0M | $17.8M | $30.1M | $9.9M |
| Investing Activities | |||||||
| Capital Expenditures | $252.4M | $148.3M | $135.2M | $132.1M | $105.2M | $67.4M | $33.2M |
| Business Acquisitions | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-157.4M | $-295.8M | — | — | $-135.1M | $-78.9M | $-41.4M |
| Financing Activities | |||||||
| Dividends Paid | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $174.9M | $201.1M | — | — | $271.1M | $118.8M | $55.2M |
| Net Change in Cash | $79.1M | $-30.0M | $16.0M | $-135.0M | $153.8M | $70.0M | $23.7M |
| Free Cash Flow | $-192.1M | $-83.3M | $-30.3M | $-103.1M | $-87.4M | $-37.4M | $-23.3M |