Gogo Inc. · NASDAQ:GOGO
Gogo — Merger or Acquisition (September 2024)
10 slides from Gogo's merger presentation, Sep 30, 2024
Slide 1: Gogo to Acquire Satcom Direct
Exhibit 99.2 Gogo to Acquire Satcom Direct © 2024 Gogo Inc. All trademarks are the property of their respective owners.
Slide 2: Forward-Looking Statements
Forward-Looking Statements This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You are cautioned against relying on forward-looking statements as it is very difficult to predict the impact of known factors and it is impossible
Slide 3: Establishing the only multi-orbit, multi-band global IFC provider
Establishing the only multi-orbit, multi-band global IFC provider for the BA and military/government mobility markets Unique LEO, GEO, L-band, ATG and Flight Deck offering able to satisfy performance, resiliency and cost needs of all BA segments Combines two respected business aviation-focused compa
Slide 4: Satcom Direct: a leading GEO satellite in-flight connectivity service provider
Satcom Direct: a leading GEO satellite in-flight connectivity service provider Company Profile Approximate Revenue Splits by Vertical ~$485M ~17% 13% 20% 2024E Adj. EBITDA 2021A-2024E Business Aviation Revenue* Margin* Revenue* CAGR Mil/Gov 6000 100+ 13 1997 80% Aircraft in Countries with Global Fou
Slide 5: Establishing an unmatched BA offering
Establishing an unmatched BA offering GEO Multi-orbit (GEO, LEO, ATG) LEO B2B enterprise Forthcoming network reliability AVANCE SDR Multi-bearer routers Solutions for all BA aircraft sizes Software strength from SD Pro DASH aircraft tip to tail & FDF North America Rest of World Complementary (ATG) (
Slide 6: Advances Gogo's strategy for long-term value creation
Advances Gogo’s strategy for long-term value creation 1§ Satcom Direct’s leading ex.-NAM service and support infrastructure provides an immediate launchpad for Gogo Galileo § Satcom Direct’s 1,300 SDR-enabled jets are prime candidates for adding Gogo Galileo Expand TAM to include § Unique opportunit
Slide 7: Well-positioned to catalyze growth with LEO in two attractive and underpenetrated market verticals
Well-positioned to catalyze growth with LEO in two attractive and underpenetrated market verticals Military/Government Mobility Business Aviation* Strong demand growth driven by cloud computing, U.S. Mil/Gov mobility satcom spend $1.5B, and growing streaming and video conferencing rapidly as departm
Slide 8: Unlocks near- and long-term financial benefits
Unlocks near- and long-term financial benefits Strong Long-Term Pro Forma Combined Company 2024E Financial Profile + ~10% ~$890M $100M ~24% Expected Long-term Annual Revenue Free Cash Flow Adj. EBITDA Margin Revenue Growth Mid-20% Expected Long-term Adj. EBITDA Margin Expected Annual Run-Rate Cost S
Slide 9: Transaction summary
Transaction summary § $375 million in cash (subject to customary adjustments) and 5 million shares of Gogo stock issued at transaction closing § Shares subject to certain lock-up provisions § Additional potential consideration capped at $225 million, based on retaining and growing broadband customer
Slide 10: Q&A
Q&A © 2024 Gogo Inc. All trademarks are the property of their respective owners.