New Horizon Aircraft Ltd. financial data

Symbol
HOVR, HOVRW on Nasdaq
Location
Lindsay, Ontario, Canada
Fiscal year end
31 May
Latest financial report
10-Q - Q4 2025 - 14 Jan 2026

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 691% %
Debt-to-equity 76% %
Return On Equity -357% % -436%
Return On Assets -203% %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 44,252,749 shares 42%
Entity Public Float $14,218,259 USD -88%
Common Stock, Value, Issued CA$78,307,000 CAD
Weighted Average Number of Shares Outstanding, Basic 42,081,417 shares 78%
Weighted Average Number of Shares Outstanding, Diluted 42,081,417 shares 71%

Income Statement

Label TTM Value / Value Unit Change %
Research and Development Expense CA$8,263,000 CAD 566%
General and Administrative Expense CA$10,369,000 CAD 27%
Operating Income (Loss) CA$18,632,000 CAD -98%
Nonoperating Income (Expense) CA$12,474,000 CAD -165%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest CA$31,106,000 CAD -419%
Net Income (Loss) Attributable to Parent CA$31,106,000 CAD -419%
Earnings Per Share, Basic -0.98 CAD/shares -753%
Earnings Per Share, Diluted -0.98 CAD/shares -917%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value CA$24,304,000 CAD
Accounts Receivable, after Allowance for Credit Loss, Current CA$220,000 CAD 857%
Assets, Current CA$24,843,000 CAD 1311%
Property, Plant and Equipment, Net CA$774,000 CAD 413%
Operating Lease, Right-of-Use Asset CA$21,000 CAD -58%
Assets CA$25,638,000 CAD 1207%
Accounts Payable, Current CA$906,000 CAD 142%
Accrued Liabilities, Current CA$2,891,000 CAD 1125%
Liabilities, Current CA$3,816,000 CAD 497%
Operating Lease, Liability, Noncurrent CA$2,000 CAD -92%
Liabilities CA$11,168,000 CAD 159%
Retained Earnings (Accumulated Deficit) CA$29,036,000 CAD -1503%
Stockholders' Equity Attributable to Parent CA$14,470,000 CAD
Liabilities and Equity CA$25,638,000 CAD 1207%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities CA$2,364,000 CAD -60%
Net Cash Provided by (Used in) Financing Activities CA$11,223,000 CAD 222%
Net Cash Provided by (Used in) Investing Activities CA$139,000 CAD
Common Stock, Shares Authorized 100,000,000 shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents CA$24,304,000 CAD 2640%
Interest Paid, Excluding Capitalized Interest, Operating Activities CA$1,000 CAD 0%
Deferred Tax Assets, Valuation Allowance CA$5,140,000 CAD 177%
Operating Lease, Liability $62,000 USD
Depreciation CA$185,000 CAD 76%
Payments to Acquire Property, Plant, and Equipment CA$139,000 CAD
Lessee, Operating Lease, Liability, to be Paid $69,000 USD
Property, Plant and Equipment, Gross CA$1,067,000 CAD 249%
Operating Lease, Liability, Current CA$19,000 CAD -34%
Lessee, Operating Lease, Liability, to be Paid, Year Two $8,000 USD
Lessee, Operating Lease, Liability, to be Paid, Year One $24,000 USD
Operating Lease, Weighted Average Discount Rate, Percent 0.1 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $7,000 USD
Lessee, Operating Lease, Liability, to be Paid, Year Three CA$8,000 CAD
Deferred Tax Assets, Operating Loss Carryforwards CA$4,885,000 CAD 180%
Preferred Stock, Shares Issued 4,500 shares
Preferred Stock, Shares Authorized 100,000,000 shares 9900%
Additional Paid in Capital CA$72,126,000 CAD
Preferred Stock, Shares Outstanding 4,500 shares
Deferred Tax Assets, Net of Valuation Allowance CA$8,000 CAD -60%
Share-based Payment Arrangement, Expense CA$179,000 CAD 1277%
Interest Expense $15,000 USD -29%