SequelSEC

New Horizon Aircraft Ltd. HOVR

Aircraft · CIK 0001930021 · Fiscal year ends 0531

AnnualQuarterlyTTM
Revenue
Unavailable
Fiscal year ended 2024-02-29
Operating income
-$1.26M
Fiscal year ended 2024-02-29
Free cash flow
Unavailable
Fiscal year ended 2024-02-29

New Horizon Aircraft Ltd. (HOVR) reported net income of -$5.31M for the fiscal year ended 2024-02-29. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from New Horizon Aircraft Ltd.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Aircraft.

Income

New Horizon Aircraft Ltd. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2024-02-292023-12-312023-11-302023-09-302023-08-312023-06-302023-03-312023-02-282022-11-302022-09-30
RevenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Cost of revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Gross profitUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Operating income-$1.26MUnavailableUnavailable-$612.47KUnavailable-$295.82KUnavailable-$293.00KUnavailable-$1.42K
Net income-$5.31MUnavailable-$740.00K$112.66K-$416.00K$1.12MUnavailable-$269.00K-$385.00K-$1.42K
Research & development$270.00KUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable$138.00KUnavailableUnavailable
Weighted-average diluted sharesshares 11.70MUnavailableshares 5.08MUnavailableshares 5.08MUnavailableUnavailableshares 6.31MUnavailableUnavailable
Pretax income-$5.31MUnavailableUnavailable$869.67KUnavailableUnavailableUnavailable-$269.00KUnavailable-$1.42K
Income tax expenseUnavailableUnavailableUnavailable$757.01KUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Diluted EPS$-0.45UnavailableUnavailableUnavailableUnavailableUnavailableUnavailable$-0.04UnavailableUnavailable
Selling, general & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
General & administrative$989.00KUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable$155.00KUnavailableUnavailable
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

New Horizon Aircraft Ltd. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2024-02-292023-12-312023-11-302023-09-302023-08-312023-06-302023-03-312023-02-282022-11-302022-09-30
Cash & equivalentsUnavailable$16.14KUnavailable$68.28KUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Total assets$6.82M$122.08MUnavailable$121.70MUnavailable$120.42MUnavailableUnavailableUnavailableUnavailable
Current assets$6.56M$121.77KUnavailable$222.64KUnavailable$502.20KUnavailableUnavailableUnavailableUnavailable
Total liabilities$22.96M$7.09MUnavailable$13.59MUnavailable$3.61MUnavailableUnavailableUnavailableUnavailable
Current liabilities$2.30M$986.16KUnavailable$1.25MUnavailable$160.86KUnavailableUnavailableUnavailableUnavailable
Total equity incl. NCI-$16.14M-$6.86M-$999.00K-$12.51M-$1.79M-$3.01MUnavailable-$958.00K-$705.00K$22.15K
Temporary (mezzanine) equityUnavailable$121.86MUnavailable$120.62MUnavailable$119.82MUnavailableUnavailableUnavailableUnavailable
InventoryUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts receivable$127.00KUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
GoodwillUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debtUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts payable$1.45M$685.02KUnavailable$354.50KUnavailable$57.74KUnavailableUnavailableUnavailableUnavailable

Cash flow

New Horizon Aircraft Ltd. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2024-02-292023-12-312023-11-302023-09-302023-08-312023-06-302023-03-312023-02-282022-11-302022-09-30
Operating cash flowUnavailableUnavailableUnavailableUnavailableUnavailable-$238.70KUnavailableUnavailableUnavailableUnavailable
Capital expendituresUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Investing cash flowUnavailableUnavailableUnavailableUnavailableUnavailable$0UnavailableUnavailableUnavailableUnavailable
Financing cash flowUnavailableUnavailableUnavailableUnavailableUnavailable$206UnavailableUnavailableUnavailableUnavailable
Net change in cashUnavailableUnavailableUnavailableUnavailableUnavailable-$238.50KUnavailableUnavailableUnavailableUnavailable
Stock-based compensationUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Common dividends paidUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Common share repurchasesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Depreciation & amortizationUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Derived

New Horizon Aircraft Ltd. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2024-02-292023-12-312023-11-302023-09-302023-08-312023-06-302023-03-312023-02-282022-11-302022-09-30
Free cash flowUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Gross marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Operating marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
FCF marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
SBC / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Current ratio2.85x0.12xUnavailable0.18xUnavailable3.12xUnavailableUnavailableUnavailableUnavailable
Revenue YoY growthUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Net marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
R&D / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
CapEx / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debt / equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rateUnavailableUnavailableUnavailable87.0%UnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open HOVR in the interactive workspace to inspect any figure back to its filing.

Source filings

10-K · Filed 2026-07-16View SEC filing
10-Q · Filed 2026-04-14View SEC filing
10-Q · Filed 2026-01-14View SEC filing
10-Q · Filed 2025-10-10View SEC filing
10-K · Filed 2025-08-22View SEC filing
10-Q · Filed 2025-04-14View SEC filing

Companies in the same industry

ACHR AIRO AVAV BA BETA BRQL DUKR EVEX JOBY SDCO UAVS XERI

Reconciliation checks needing review

2 periods on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.

gross profit bridgeinconsistent2023-03-31

Withheld: cost revenue, revenue could not be reconciled with the rest of this filer’s statement.

balance equationinconsistent2023-03-31

Withheld: assets, equity, liabilities could not be reconciled with the rest of this filer’s statement.