New Horizon Aircraft Ltd.
HOVR Nasdaq· Aircraft
Last close · Oct 30, 2026
$1.20
Latest quarter · Q1 '27 results quarter ended Aug 31, 2026 · vs Q1 '26
| Line | Q1 '26 | Q1 '27 | Change (y/y) |
|---|---|---|---|
| Net income | −$7.9M | −$2.9M | — |
| Diluted EPS | −$0.21 | −$0.04 | — |
| Free cash flow | −$1.8M | −$5.6M | — |
Key numbers, fiscal 2026
Market cap
$78.4M
P/E
—
Revenue
—
Net income
−$24.0M
Free cash flow
−$12.7M
Operating margin
—
New Horizon Aircraft Ltd. in 30 seconds fiscal 2026
Does it make a profit?
−$24.0M
No. It lost money last year.
How long would its cash last?
3.1 yrs
Comfortably. It burns $16.5M a year and holds $50.5M, about 3.1 years at that pace.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What New Horizon Aircraft Ltd. does
No business description yet.
- Fiscal year ends
- May 31, 2026
- Latest annual report
- 10-K · Jul 16, 2026
- Legal name
- New Horizon Aircraft Ltd.
- CIK
- 0001930021
New Horizon Aircraft Ltd. · HOVR · stoqly.net
Results and finances
The last 4 fiscal years. Amounts in USD. Compiled by stoqly.net.
| Fiscal year | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Sales and profit | ||||
| Net income | −$0.9M | −$6.0M | $3.7M | −$24.0M |
| Diluted EPS | −$0.13 | −$0.56 | $0.12 | −$0.56 |
| Cash | ||||
| Cash from operations | −$0.8M | −$2.4M | −$6.7M | −$12.0M |
| Capital expenditure | — | $0.2M | $0.1M | $0.7M |
| Free cash flow | — | −$2.6M | −$6.8M | −$12.7M |
| Share count change | — | 46.3% | 187.0% | 39.9% |
| Debt and strength | ||||
| Cash and short-term investments | $0.2M | $1.3M | $5.5M | $56.7M |
| Debt incl. finance leases | $0.0M | — | $0.1M | — |
| Shareholders' equity | −$1.0M | −$13.1M | $1.9M | $51.5M |
| Current ratio | 0.2x | 3.5x | 6.2x | 22.8x |
| Interest coverage | — | −34,214.0x | — | — |
| Returns and quality | ||||
| Return on equity | — | — | — | −89.9% |
| Return on tangible equity | — | — | 198.6% | −46.6% |
| Altman Z'' | −90.5 | −12.4 | −8.6 | 8.5 |
Insider trades 12 months
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
New Horizon Aircraft Ltd. · HOVR · stoqly.net
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Compiled and analysed by stoqly.net from SEC EDGAR XBRL filings (CIK 0001930021). Latest version: stoqly.net/companies/hovr. Data updated November 1, 2026. Filed in CAD under US GAAP and converted to US$: income and cash-flow lines at each period's average exchange rate, balance-sheet lines at the period-end rate. For information only — not investment advice. Check the original filings before relying on any figure.