New Horizon Aircraft Ltd. (HOVR)
NCM · Industrials · Aerospace & Defense
$1.59
-9.14%
Closing price as of 2026-07-29 · Source: TEK2day Finance
Key Metrics
Market Cap
$106.3M
Shares Outstanding
66.8M
Exchange
NCM
Currency
USD
About New Horizon Aircraft Ltd.
New Horizon Aircraft Ltd., an aerospace original equipment manufacturer company, designs hybrid-electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market in the United States. It focuses on the design and delivery of the Cavorite X7, a hybrid electric 7-seat aircraft that can take off and land vertically. The company was founded in 2013 and is headquartered in Lindsay, Canada.
Quarterly Financials
| Metric | 2025-08-31 | 2025-11-30 | 2026-02-28 | 2026-05-31 |
|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -5.9M | -5.1M | -7.6M | -4.9M |
| Net Income | -10.9M | -8.7M | -6.9M | -6.6M |
| Diluted EPS | $-0.29 | $-0.21 | $-0.16 | $nan |
Annual Financials
| Metric | 2023-12-31 | 2024-05-31 | 2025-05-31 | 2026-05-31 |
|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | ||||
| Operating Income | -1.7M | -4.6M | -13.6M | -23.5M |
| Net Income | 8.6M | -8.2M | 5.2M | -33.1M |
| Diluted EPS | $0.52 | $-0.76 | $0.17 | $nan |