Latest Quarter
2025-11-30
New Horizon Aircraft Ltd (HOVRW)
Revenue
$0.0
Net Income
-$8.7M
Operating Margin
N/A
Free Cash Flow
-$9.5M
Debt / Assets
69.2%
Values are in USD and rounded to the nearest whole number unless noted.
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| Income Statement (Quarterly) | 2025-11-30 | 2025-08-31 | 2025-02-28 | 2024-11-30 |
|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 |
| Cost of Revenue | 57,077 | 0 | 0 | 0 |
| Gross Profit | -57,077 | 0 | 0 | 0 |
| Operating Expenses | ||||
| R&D Expenses | 0 | 0 | 0 | 0 |
| SG&A Expenses | 2,484,419 | 3,190,000 | 3,111,000 | 2,847,000 |
| Operating Expenses | 5,066,974 | 5,909,000 | 3,554,000 | 3,274,000 |
| Operating Income | -5,124,054 | -5,909,000 | -3,554,000 | -3,274,000 |
| Interest Expense | 0 | 0 | 0 | 0 |
| Income Before Tax | -8,661,924 | -10,903,000 | -4,943,000 | 19,664,000 |
| Income Tax Expense | 0 | 0 | 0 | 0 |
| Net Income | -8,661,924 | -10,903,000 | -4,943,000 | 19,664,000 |
| Per Share | ||||
| EPS | 0.00 | -0.29 | -0.17 | 0.83 |
| EPS Diluted | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Statement (Annual) | 2025-05-31 | 2023-12-31 |
|---|---|---|
| Revenue | 0 | 0 |
| Cost of Revenue | 0 | 0 |
| Gross Profit | 0 | 0 |
| Operating Expenses | ||
| R&D Expenses | 0 | 0 |
| SG&A Expenses | 9,925,000 | 1,666,371 |
| Operating Expenses | 13,585,000 | 1,666,371 |
| Operating Income | -13,585,000 | -1,666,371 |
| Interest Expense | 0 | 0 |
| Income Before Tax | 5,200,000 | -8,160,000 |
| Income Tax Expense | 0 | 1,095,448 |
| Net Income | 5,200,000 | -6,037,408 |
| Per Share | ||
| EPS | 0.20 | -0.34 |
| EPS Diluted | 0.00 | 0.00 |
| Balance Sheet (Quarterly) | 2025-05-31 | 2023-12-31 |
|---|---|---|
| Assets | ||
| Cash and Cash Equivalents | 7,547,000 | 16,138 |
| Short Term Investments | 0 | 0 |
| Net Receivables | 96,000 | 0 |
| Inventory | 0 | 0 |
| Total Current Assets | 8,173,000 | 4,664,000 |
| Property Plant Equipment | 87,000 | 280,000 |
| Goodwill and Intangibles | 152,000 | 152,000 |
| Total Assets | 8,412,000 | 122,083,192 |
| Liabilities | ||
| Account Payables | 679,000 | 685,018 |
| Short Term Debt | 22,000 | 175,000 |
| Total Current Liabilities | 1,326,000 | 986,158 |
| Long Term Debt | 8,000 | 30,000 |
| Total Liabilities | 5,822,000 | 7,086,158 |
| Shareholders Equity | ||
| Retained Earnings | -9,483,000 | -6,864,948 |
| Total Shareholders Equity | 2,590,000 | 114,997,034 |
| Balance Sheet (Annual) | 2025-05-31 | 2023-12-31 |
|---|---|---|
| Assets | ||
| Cash and Cash Equivalents | 7,547,000 | 16,138 |
| Short Term Investments | 0 | 0 |
| Net Receivables | 96,000 | 0 |
| Inventory | 0 | 0 |
| Total Current Assets | 8,173,000 | 4,664,000 |
| Property Plant Equipment | 87,000 | 280,000 |
| Goodwill and Intangibles | 152,000 | 152,000 |
| Total Assets | 8,412,000 | 122,083,192 |
| Liabilities | ||
| Account Payables | 679,000 | 685,018 |
| Short Term Debt | 22,000 | 175,000 |
| Total Current Liabilities | 1,326,000 | 986,158 |
| Long Term Debt | 8,000 | 30,000 |
| Total Liabilities | 5,822,000 | 7,086,158 |
| Shareholders Equity | ||
| Retained Earnings | -9,483,000 | -6,864,948 |
| Total Shareholders Equity | 2,590,000 | 114,997,034 |
| Cash Flow Statement (Quarterly) | 2025-05-31 | 2023-12-31 |
|---|---|---|
| Operating Activities | ||
| Net Income | 5,200,000 | 8,614,602 |
| Depreciation & Amortization | 138,000 | 56,000 |
| Stock Based Compensation | 1,492,000 | 66,000 |
| Change in Working Capital | 2,240,000 | 671,449 |
| Operating Cash Flow | -9,312,000 | -2,124,922 |
| Investing Activities | ||
| Capital Expenditure | -142,000 | -209,000 |
| Investments | -142,000 | -209,000 |
| Investing Cash Flow | -142,000 | -116,745,000 |
| Financing Activities | ||
| Debt Repayment | 0 | -300,000 |
| Common Stock Issued/Repurchased | 6,029,000 | 119,388,956 |
| Dividends Paid | 0 | 0 |
| Financing Cash Flow | 15,185,000 | 118,797,783 |
| Summary | ||
| Free Cash Flow | -9,454,000 | -2,333,922 |
| Net Change in Cash | 5,731,000 | -72,139 |
| Cash Flow Statement (Annual) | 2025-05-31 | 2023-12-31 |
|---|---|---|
| Operating Activities | ||
| Net Income | 5,200,000 | 8,614,602 |
| Depreciation & Amortization | 138,000 | 56,000 |
| Stock Based Compensation | 1,492,000 | 66,000 |
| Change in Working Capital | 2,240,000 | 671,449 |
| Operating Cash Flow | -9,312,000 | -2,124,922 |
| Investing Activities | ||
| Capital Expenditure | -142,000 | -209,000 |
| Investments | -142,000 | -209,000 |
| Investing Cash Flow | -142,000 | -116,745,000 |
| Financing Activities | ||
| Debt Repayment | 0 | -300,000 |
| Common Stock Issued/Repurchased | 6,029,000 | 119,388,956 |
| Dividends Paid | 0 | 0 |
| Financing Cash Flow | 15,185,000 | 118,797,783 |
| Summary | ||
| Free Cash Flow | -9,454,000 | -2,333,922 |
| Net Change in Cash | 5,731,000 | -72,139 |