HOVR
New Horizon Aircraft Ltd.
NASDAQ · Industrials · Aerospace & Defense · CA
$1.68
+0.60%Income statement
| Metric | TTM | 2026 | 2025 | 2024 | 2023 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | — | — | — | — | — |
| Cost of Revenue | 168.7K | — | — | — | — |
| Gross Profit | (168.7K) | — | — | — | — |
| Operating Expenses | |||||
| R&D Expense | 14.0M | 18.3M | 3.7M | 880.0K | 676.0K |
| SG&A Expense | 10.2M | 14.1M | 9.9M | 3.7M | 787.0K |
| General & Admin Expense | 10.2M | 14.1M | 9.9M | 3.7M | 787.0K |
| Selling & Marketing Expense | — | — | — | — | — |
| Other Expenses | (938.3K) | — | — | — | — |
| Total Operating Expenses | 23.3M | 32.4M | 13.6M | 4.6M | 1.5M |
| Cost and Expenses | 23.5M | 32.4M | 13.6M | 4.6M | 1.5M |
| Operating Income (EBIT) | (23.5M) | (32.4M) | (13.6M) | (4.6M) | (1.5M) |
| Non-Operating | |||||
| Interest Income | 683.7K | 926.8K | 121.0K | — | — |
| Interest Expense | — | — | — | 164.3K | 74.3K |
| Net Interest Income | 683.7K | 926.8K | 121.0K | (164.3K) | (74.3K) |
| Other Non-Op Income/Expense | (9.6M) | (13.3M) | 18.8M | (3.5M) | 216.0K |
| Non-Operating Income (excl Interest) | 8.5M | — | (18.8M) | 3.4M | (216.0K) |
| EBT (Pre-Tax Income) | (33.1M) | (45.7M) | 5.2M | (8.2M) | (1.2M) |
| Income Tax Expense | — | — | — | — | — |
| Bottom Line | |||||
| Net Income | (33.1M) | (45.7M) | 5.2M | (8.2M) | (1.2M) |
| Earnings from Cont. Ops | (33.1M) | (45.7M) | 5.2M | (8.2M) | (1.2M) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (33.1M) | (45.7M) | 5.2M | (8.2M) | (1.2M) |
| Per Share | |||||
| Basic EPS | ($0.82) | ($1.06) | $0.20 | ($0.76) | ($0.17) |
| Diluted EPS | ($0.82) | ($1.06) | $0.17 | ($0.76) | ($0.17) |
| Revenue Per Share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Shares | |||||
| Basic Shares Outstanding | 43.0M | 43.0M | 25.8M | 10.7M | 7.3M |
| Diluted Shares Outstanding | 43.0M | 43.0M | 30.8M | 10.7M | 7.3M |
| Profitability Metrics | |||||
| EBITDA | (31.7M) | (32.4M) | 5.3M | (7.9M) | (1.2M) |
| D&A | 298.7K | — | 138.0K | 56.0K | 27.0K |
| EBIT | (32.0M) | (32.4M) | 5.2M | (8.0M) | (1.2M) |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of May 1, 2026