New Horizon Aircraft Ltd. (HOVR)

New Horizon Aircraft Income Statement

Financials in millions CAD. Fiscal year is June - May.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2024	FY 2024	FY 2024
Period Ending	Nov 30, 2025	May 31, 2025	May 31, 2024	Dec 31, 2023	May 31, 2023	May 31, 2022
Selling, General & Admin	10.37	9.93	3.74	-	0.79	1.09
Depreciation & Amortization Expenses	-	-	-	-	-	0.02
Research & Development	8.26	3.66	0.88	-	0.68	0.67
Other Operating Expenses	-	-	-	2.21	-	-
Total Operating Expenses	18.63	13.59	4.62	2.21	1.46	1.78
Operating Income	-18.63	-13.59	-4.62	-2.21	-1.46	-1.78
Interest Income	-	-0.12	0.16	6.91	-	-
Interest Expense	-0.37	-	-	-	-0.29	-0
Other Non-Operating Income (Expense)	-8.45	-18.67	3.95	8.16	-0.07	0.15
Total Non-Operating Income (Expense)	-8.82	-18.8	4.11	15.07	-0.36	0.15
Pretax Income	-31.11	5.2	-8.16	12.87	-1.25	-1.65
Provision for Income Taxes	-	-	-	1.45	-	-
Net Income	-31.11	5.2	-8.16	11.41	-1.25	-1.65
Net Income to Common	-31.11	5.2	-8.16	11.41	-1.25	-1.65
Shares Outstanding (Basic)	35	26	11	9	7	5
Shares Outstanding (Diluted)	38	31	11	9	7	5
Shares Change (YoY)	111.27%	187.01%	19.32%	22.60%	38.91%	-
EPS (Basic)	-0.96	0.20	-0.76	0.73	-0.17	-0.31
EPS (Diluted)	-0.95	0.17	-0.76	0.73	-0.17	-0.31
Free Cash Flow	-10.91	-9.45	-3.52	-2.82	-1.09	-1.67
Free Cash Flow Per Share	-0.29	-0.31	-0.33	-0.31	-0.15	-
EBITDA	-18.45	-13.45	-4.57	-2.21	-1.44	-1.78
EBIT	-18.63	-13.59	-4.62	-2.21	-1.46	-1.78
Effective Tax Rate	-	0.00%	0.00%	11.28%	0.00%	0.00%

Updated Jan 14, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q