HOVR
New Horizon Aircraft Ltd.Company Information
- Company Name
- New Horizon Aircraft Ltd.
- CIK
- CIK0001930021
- Category
- <br>Emerging growth company
- Ticker: Exchange
- HOVR: Nasdaq, HOVRW: Nasdaq
- Fiscal Year End
- May 31
- Owner Organization
- 04 Manufacturing
- SIC
- 3721
- SIC Description
- Aircraft
- Ticker
- HOVR
SEC filing data through
Insider Sentiment
- Last purchase
- 2025-06-23
- Last sale
- 2025-10-15
- Shares purchased (TTM)
- 11,282
- Shares sold (TTM)
- 777,083
Institutional Sentiment
- As of
- 2026-06-30
- Institutional shares owned
- 4,538,712
- Shares outstanding
- 43,046,980
- Ownership
- 10.54%
Earnings Market Reaction
- Filing date
- 2026-10-09
- Price on filing date
- —
- 1-month reaction
- Pending
- 3-month reaction
- Pending
Balance Sheet
Values in millions ($)| Line item | 2026-08-31 | 2026-05-31 | 2026-02-28 | 2025-11-30 | 2025-08-31 | 2025-05-31 | 2025-02-28 | 2024-11-30 | 2024-08-31 | 2024-05-31 | 2024-02-29 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Related Party | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | ||||||
| Forward Purchase Agreement | - | - | - | - | - | - | - | - | - | 21 | - | - | - | ||||||
| Class A Ordinary Shares To Be Issued | - | 2 | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Cash | - | - | - | - | - | - | - | - | - | - | 4 | 0 | - | ||||||
| Cash And Cash Equivalents At Carrying Value | 70 | 78 | 20 | 24 | 16 | 8 | 9 | 1 | 4 | 2 | 4 | - | 0 | ||||||
Assets Current | |||||||||||||||||||
| Assets Current | 74 | 83 | 21 | 25 | 17 | 8 | 10 | 2 | 6 | 0 | 7 | 0 | 0 | ||||||
| Prepaid Expense Current | 3 | 4 | 1 | 0 | 0 | 1 | 1 | 1 | 2 | 0 | 2 | 0 | 0 | ||||||
| Other Receivables Net Current | - | - | - | - | - | - | - | - | - | 0 | - | - | - | ||||||
| Accounts Receivable Net Current | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | ||||||
| Assets Held In Trust Noncurrent | - | - | - | - | - | - | - | - | - | - | - | 122 | 121 | ||||||
| Operating Lease Right Of Use Asset | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | ||||||
| Property Plant And Equipment Net | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | ||||||
| Assets | 75 | 84 | 22 | 26 | 17 | 8 | 10 | 2 | 6 | 122 | 7 | 122 | 122 | ||||||
Liabilities | |||||||||||||||||||
| Accounts Payable Current | 2 | 3 | 1 | 1 | 0 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 0 | ||||||
Liabilities Current | |||||||||||||||||||
| Accrued Liabilities Current | 1 | 1 | 0 | 3 | 2 | 1 | 1 | 0 | 0 | 0 | 1 | 0 | 0 | ||||||
| Liabilities Current | 2 | 4 | 1 | 4 | 2 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | ||||||
| Taxes Payable Current | - | - | - | - | - | - | - | - | - | - | - | - | 1 | ||||||
| Operating Lease Liability Current | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | ||||||
| Derivative Liabilities Noncurrent | - | - | - | - | - | - | - | - | 21 | 3 | 21 | 3 | 9 | ||||||
| Warrants And Rights Outstanding | 5 | 9 | 6 | 7 | 4 | 4 | 2 | 4 | 76 | 1 | - | 1 | - | ||||||
| Operating Lease Liability Noncurrent | 0 | 0 | - | - | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | ||||||
| Liabilities | 8 | 13 | 8 | 11 | 6 | 6 | 3 | 4 | 28 | 7 | 23 | 7 | 14 | ||||||
| Temporary Equity Carrying Amount Attributable To Parent | - | - | - | - | - | - | - | - | - | - | - | 122 | 121 | ||||||
| Common Stock Value | - | - | - | - | - | - | - | 78 | 76 | 74 | 72 | - | 0 | ||||||
| Preferred Stock Value | 6 | 6 | 6 | 6 | 6 | 6 | 6 | - | - | - | - | - | - | ||||||
| Additional Paid In Capital Common Stock | - | - | - | - | - | - | -79 | -83 | -81 | -78 | - | - | - | ||||||
Stockholders Equity | |||||||||||||||||||
| Stockholders Equity | 68 | 71 | 14 | 14 | 11 | 3 | 7 | -2 | -22 | -7 | -16 | -7 | -2 | ||||||
| Additional Paid In Capital | -68 | -59 | -68 | -72 | -72 | -79 | - | - | - | -78 | -76 | - | - | ||||||
| Retained Earnings Accumulated Deficit | -47 | -43 | -36 | -29 | -20 | -9 | -3 | 2 | -18 | -7 | -13 | -7 | -13 | ||||||
| Liabilities And Stockholders Equity | 75 | 84 | 22 | 26 | 17 | 8 | 10 | 2 | 6 | 122 | 7 | 122 | 122 | ||||||
| Common Stock Shares Authorized | - | - | - | - | - | - | - | - | - | - | 100 | - | - | ||||||
| Common Class A | - | 16 | 1 | 4 | 40 | 32 | 7 | 3 | 22 | 0 | 18 | 0 | 5 | ||||||
| Common Class B | - | - | - | - | - | - | - | - | - | - | - | 0 | 5 | ||||||
| Temporary Equity Par Or Stated Value Per Share | - | - | - | - | - | - | - | - | - | - | - | - | 0.00 | ||||||
| Temporary Equity Shares Authorized | - | - | - | - | - | - | - | - | - | - | - | - | 12 | ||||||
| Temporary Equity Redemption Price Per Share | - | - | - | - | - | - | - | - | - | - | - | - | 10.49 | ||||||
| Preferred Stock Par Or Stated Value Per Share | - | - | - | - | - | - | - | - | - | - | - | 0.00 | 0.00 | ||||||
| Preferred Stock Shares Authorized | - | - | - | - | - | - | - | - | - | - | - | 1 | 1 | ||||||
| Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | ||||||
| Preferred Stock Shares Outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | ||||||
Select a line item above to chart it.
Recent filings
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-KFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
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Start 7-day free trialNew Horizon Aircraft Ltd. (HOVR) — SEC Financial Statements & Analysis
New Horizon Aircraft Ltd. (HOVR) is a aircraft company, incorporated in A1. New Horizon Aircraft Ltd. trades on Nasdaq as: HOVR, HOVRW. New Horizon Aircraft Ltd. (HOVR)'s most recent SEC filing is a Form 10-Q for the period ended 2026-08-31, filed with the SEC on 2026-10-09. Based on that filing, New Horizon Aircraft Ltd. carries a market cap of $109.62M, a P/E ratio of -4.17x, a P/B ratio of 1.62x, an enterprise value of $39.55M, and an EV/EBITDA multiple of -1.50x. On profitability, it posts a Return on Equity (ROE) of -66.94%, a Return on Assets (ROA) of -56.87%, and a Return on Invested Capital (ROIC) of -97.54%. Per share, it reports EPS of $-0.40, diluted EPS of $-0.40, free cash flow per share of $-0.35, and a dividend per share of $0.00. Over the trailing year, it posted net income growth of 840.69% year-over-year and EPS growth of 432.21% year-over-year. On the balance sheet, it maintains a current ratio of 30.19x, a quick ratio of 29.14x, working capital of $71.39M, a debt-to-equity ratio of 0.11x, a debt ratio of 0.1, an interest coverage ratio of -27.04x, free cash flow of $-22.84M (TTM), and net debt of $-70.06M. Figures sourced from SEC EDGAR.
- Market Cap
- $109.62M
- P/E TTM
- -4.17x
- EPS TTM
- $-0.40
- P/B TTM
- 1.62x
- ROE TTM
- -66.94%
- ROA TTM
- -56.87%
- Debt To Equity
- 0.11x
- Free Cash Flow TTM
- $-22.84M
Data as of 2026-08-31 · Source: SEC EDGAR
Frequently Asked Questions
What industry is New Horizon Aircraft Ltd. in?
New Horizon Aircraft Ltd. (HOVR) operates in the Aircraft industry.
What exchange does HOVR trade on?
New Horizon Aircraft Ltd. (HOVR) trades on the Nasdaq.
Where is New Horizon Aircraft Ltd. incorporated?
New Horizon Aircraft Ltd. is incorporated in British Columbia, Canada.
When was New Horizon Aircraft Ltd. (HOVR)'s most recent SEC filing?
New Horizon Aircraft Ltd. (HOVR)'s most recent SEC filing is a Form 10-Q for the period ended 2026-08-31, filed with the SEC on 2026-10-09.
What is HOVR's market cap?
New Horizon Aircraft Ltd. (HOVR) has a market capitalization of $109.62M as of 2026-08-31.
What is HOVR's EPS (earnings per share)?
New Horizon Aircraft Ltd. (HOVR)'s trailing twelve month EPS is $-0.40 as of 2026-08-31.
What is HOVR's ROE (return on equity)?
New Horizon Aircraft Ltd. (HOVR)'s trailing twelve month Return on Equity (ROE) is -66.94% as of 2026-08-31.
What is HOVR's ROA (return on assets)?
New Horizon Aircraft Ltd. (HOVR)'s trailing twelve month Return on Assets (ROA) is -56.87% as of 2026-08-31.
What is HOVR's ROIC (return on invested capital)?
New Horizon Aircraft Ltd. (HOVR)'s trailing twelve month Return on Invested Capital (ROIC) is -97.54% as of 2026-05-31.
What is HOVR's EV/EBITDA?
New Horizon Aircraft Ltd. (HOVR)'s trailing twelve month EV/EBITDA is -1.50x as of 2026-08-31.