New Horizon Aircraft Ltd. (HOVR) Financial Statements
Industry: Aircraft
In fiscal 2026, New Horizon Aircraft reported revenue of $0. Net income was -$33.1M, or -$0.77 per diluted share. Operating activities generated -$16.5M of cash, leaving -$17.5M of free cash flow. At fiscal year end, New Horizon Aircraft held $83.8M in total assets against $12.7M in total liabilities, including $78.3M of cash and equivalents.
Open the full interactive New Horizon Aircraft financials → Quarterly statements, key ratios, valuation history and price charts.
New Horizon Aircraft Key Stats
| Share Price | $1.46 |
|---|---|
| Market Cap | $95.8M |
| 52-Week Range | $1.20 – $3.91 |
| Shares Outstanding | 65.6 million (basic, 2027 Q1) |
New Horizon Aircraft Income Statement
| FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 |
| Operating Income | -$1.7M | -$4.6M | -$13.6M | -$23.5M |
| Pre-Tax Income | $9.7M | -$8.2M | $5.2M | -$33.1M |
| Income Tax | $1.1M | — | — | — |
| Net Income | $8.6M | -$8.2M | $5.2M | -$33.1M |
| Diluted EPS | $0.55 | -$0.76 | $0.17 | -$0.77 |
New Horizon Aircraft Quarterly Results
| 2026 Q2 | 2026 Q3 | 2026 Q4 | 2027 Q1 | |
|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 |
| Net Income | -$8.7M | -$6.9M | -$6.6M | -$4.1M |
| Diluted EPS | -$0.21 | -$0.16 | -$0.15 | -$0.06 |
New Horizon Aircraft Balance Sheet
| FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|
| Cash & Equivalents | $16,138 | $1.8M | — | $78.3M |
| Current Assets | $121,771 | $4.7M | $8.2M | $82.8M |
| Total Assets | $122.1M | $4.9M | $8.4M | $83.8M |
| Current Liabilities | $986,158 | $1.3M | $1.3M | $3.6M |
| Total Long-Term Debt | $175,000 | — | — | — |
| Total Liabilities | $7.1M | $22.9M | $5.8M | $12.7M |
| Shareholders' Equity | -$6.9M | -$17.9M | $2.6M | $71.1M |
New Horizon Aircraft Cash Flow Statement
| FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|
| Cash From Operations | -$2.1M | -$3.3M | -$9.3M | -$16.5M |
| Cash From Investing | -$116.7M | -$209,000 | -$142,000 | -$967,000 |
| Cash From Financing | $118.8M | $5.1M | $15.2M | $88.2M |
| Free Cash Flow | — | -$3.5M | -$9.5M | -$17.5M |
Figures from New Horizon Aircraft's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full New Horizon Aircraft financials page for every line item.
New Horizon Aircraft Company Profile
| Ticker | HOVR |
|---|---|
| Exchange | Nasdaq |
| Industry | Aircraft |
| Headquarters | Lindsay, Ontario, Canada |
| Fiscal Year End | May 31 |
| SEC Filer Category | Emerging growth company |
| SEC CIK | 0001930021 |
Frequently Asked Questions
What was New Horizon Aircraft's revenue in fiscal 2026?
New Horizon Aircraft (HOVR) reported revenue of $0 for fiscal 2026.
What is New Horizon Aircraft's annual revenue history?
New Horizon Aircraft's annual revenue by fiscal year: 2023: $0; 2024: $0; 2025: $0; 2026: $0.
What was New Horizon Aircraft's net income in fiscal 2026?
New Horizon Aircraft reported net income of -$33.1M for fiscal 2026.
What was New Horizon Aircraft's earnings per share (EPS) in fiscal 2026?
New Horizon Aircraft's diluted EPS was -$0.77 for fiscal 2026 (adjusted for any later stock splits).
How much free cash flow did New Horizon Aircraft generate in fiscal 2026?
New Horizon Aircraft generated -$17.5M of free cash flow in fiscal 2026.
What was New Horizon Aircraft's revenue last quarter?
In its most recent reported quarter (2027 Q1), New Horizon Aircraft reported revenue of $0.
How many shares of New Horizon Aircraft are outstanding?
New Horizon Aircraft reported a weighted average of 65.6 million basic shares outstanding in 2027 Q1.
What is New Horizon Aircraft's market cap?
Based on its latest closing price, New Horizon Aircraft (HOVR) has a market capitalization of about $95.8M.
When does New Horizon Aircraft's fiscal year end?
New Horizon Aircraft's fiscal year end, as registered with the SEC, is May 31.
Where is New Horizon Aircraft headquartered?
New Horizon Aircraft lists its business address in Lindsay, Ontario, Canada in its SEC filings.