SequelSEC

New Horizon Aircraft Ltd. HOVR

Aircraft · CIK 0001930021 · Fiscal year ends 0531

AnnualQuarterlyTTM

Figures are reported in CAD, not US dollars, and are shown as filed. Nothing here is converted, so comparing them with a dollar figure compares two different currencies.

Revenue
Unavailable
Fiscal year ended 2026-08-31
Operating income
-CAD 9.10M
Fiscal year ended 2026-08-31
Free cash flow
-CAD 7.88M
Fiscal year ended 2026-08-31

Valuation, from the filing

Public float$72.48MMarket value of stock held by non-affiliates, as stated on the cover page for 2025-11-28
Float per share$1.08Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-11-28, not today.

How this compares in its industry

Percentile among the Aircraft filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
Current ratio22.76x25th

New Horizon Aircraft Ltd. (HOVR) reported net income of -$4.07M for the fiscal year ended 2026-08-31. 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.
Metric2026-08-312026-05-312026-02-282025-11-302025-08-312025-05-312025-02-282024-11-302024-08-312024-05-31
RevenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Cost of revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Gross profitUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Operating income-CAD 9.10M-CAD 4.85M-CAD 7.59MUnavailableUnavailable-CAD 4.05M-CAD 3.55MUnavailableUnavailable-CAD 2.16M
Net income-CAD 4.07M-CAD 6.64M-CAD 6.90MUnavailableUnavailable-CAD 6.61M-CAD 4.94MUnavailableUnavailable-CAD 1.70M
Research & developmentCAD 7.43MCAD 3.63MCAD 4.28MUnavailableUnavailableCAD 2.49MCAD 443.00KUnavailableUnavailableCAD 245.00K
Weighted-average diluted sharesshares 65.64MUnavailableshares 44.33MUnavailableUnavailableUnavailableshares 29.47MUnavailableUnavailableUnavailable
Pretax income-CAD 4.07M-CAD 6.64M-CAD 6.90MUnavailableUnavailable-CAD 6.61M-CAD 4.94MUnavailableUnavailable-CAD 1.70M
Income tax expenseUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Diluted EPSCAD -0.06UnavailableCAD -0.16UnavailableUnavailableUnavailableCAD -0.17UnavailableUnavailableUnavailable
Selling, general & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
General & administrativeCAD 1.67MCAD 1.22MCAD 3.31MUnavailableUnavailableCAD 1.56MCAD 3.11MUnavailableUnavailableCAD 1.92M
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

New Horizon Aircraft Ltd. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-08-312026-05-312026-02-282025-11-302025-08-312025-05-312025-02-282024-11-302024-08-312024-05-31
Cash & equivalentsCAD 70.06MCAD 78.28MCAD 19.67MUnavailableUnavailableCAD 7.55MUnavailableUnavailableUnavailableCAD 1.82M
Total assetsCAD 75.31MCAD 83.80MCAD 21.91MUnavailableUnavailableCAD 8.41MCAD 10.33MUnavailableUnavailableCAD 4.94M
Current assetsCAD 73.84MCAD 82.85MCAD 21.06MUnavailableUnavailableCAD 8.17MCAD 10.09MUnavailableUnavailableCAD 4.66M
Total liabilitiesCAD 7.66MCAD 12.69MCAD 7.78MUnavailableUnavailableCAD 5.82MCAD 3.33MUnavailableUnavailableCAD 22.88M
Current liabilitiesCAD 2.45MCAD 3.64MCAD 1.42MUnavailableUnavailableCAD 1.33MCAD 1.42MUnavailableUnavailableCAD 1.33M
Total equity incl. NCICAD 67.66MCAD 71.11MCAD 14.13MUnavailableUnavailableCAD 2.59MCAD 7.00MUnavailableUnavailable-CAD 17.93M
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
InventoryUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts receivableCAD 1.21MCAD 798.00KCAD 291.00KUnavailableUnavailableCAD 96.00KCAD 149.00KUnavailableUnavailableCAD 417.00K
GoodwillUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debtUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts payableCAD 1.62MCAD 2.77MCAD 1.10MUnavailableUnavailableCAD 679.00KCAD 832.00KUnavailableUnavailableCAD 715.00K

Cash flow

New Horizon Aircraft Ltd. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-08-312026-05-312026-02-282025-11-302025-08-312025-05-312025-02-282024-11-302024-08-312024-05-31
Operating cash flow-CAD 7.21M-CAD 4.70M-CAD 6.82MUnavailableUnavailable-CAD 2.50M-CAD 2.62MUnavailableUnavailable-CAD 2.55M
Capital expendituresCAD 671.00KCAD 154.00KCAD 140.00KUnavailableUnavailableCAD 44.00KCAD 91.00KUnavailableUnavailableCAD 51.00K
Investing cash flow-CAD 671.00K-CAD 154.00K-CAD 140.00KUnavailableUnavailable-CAD 44.00K-CAD 91.00KUnavailableUnavailable-CAD 51.00K
Financing cash flow-CAD 334.00KCAD 63.46MCAD 2.33MUnavailableUnavailableCAD 900.00KCAD 11.02MUnavailableUnavailableCAD 0
Net change in cashUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Stock-based compensationCAD 949.00KCAD 161.00KCAD 4.23MUnavailableUnavailableCAD 1.30MCAD 71.00KUnavailableUnavailableCAD 10.00K
Common dividends paidUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Common share repurchasesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Depreciation & amortizationCAD 128.00KCAD 111.00KCAD 79.00KUnavailableUnavailableCAD 40.00KCAD 37.00KUnavailableUnavailableCAD 15.00K

Derived

New Horizon Aircraft Ltd. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-08-312026-05-312026-02-282025-11-302025-08-312025-05-312025-02-282024-11-302024-08-312024-05-31
Free cash flow-CAD 7.88M-CAD 4.86M-CAD 6.96MUnavailableUnavailable-CAD 2.55M-CAD 2.71MUnavailableUnavailable-CAD 2.60M
Gross marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Operating marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
FCF marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
SBC / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Current ratio30.19x22.76x14.81xUnavailableUnavailable6.16x7.11xUnavailableUnavailable3.50x
Revenue YoY growthUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Net marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
R&D / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
CapEx / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debt / equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rateUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

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-Q · Filed 2026-10-09View SEC filing
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

Companies in the same industry

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

Reconciliation checks needing review

12 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 bridgeinconsistent2025-11-30

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

balance equationinconsistent2025-11-30

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

balance equationinconsistent2025-08-31

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

gross profit bridgeinconsistent2025-08-31

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

balance equationinconsistent2024-11-30

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

gross profit bridgeinconsistent2024-11-30

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

balance equationinconsistent2024-08-31

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

gross profit bridgeinconsistent2024-08-31

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

balance equationinconsistent2023-11-30

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

gross profit bridgeinconsistent2023-11-30

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

gross profit bridgeinconsistent2023-08-31

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

balance equationinconsistent2023-08-31

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