New Horizon Aircraft Ltd. (HOVRW)
US Markets · Industrials · Aerospace & Defense
$0.34
+6.22%
Closing price as of 2026-09-10 · Source: TEK2day Finance
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) |
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) |