New Horizon Aircraft Ltd. (HOVR)

New Horizon Aircraft Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2023	FY 2022	FY 2022
Period Ending	Feb 28, 2025	May 31, 2024	Dec 31, 2023	May 31, 2023	Dec 31, 2022	May 31, 2022
Selling, General & Admin	10.28	3.74	1.67	0.79	0.01	1.09
Research & Development	1.41	0.88	-	0.68	-	0.67
Operating Expenses	11.69	4.62	1.67	1.46	0.01	1.78
Operating Income	-11.69	-4.62	-1.67	-1.46	-0.01	-1.78
Interest Expense	-	-0.16	-	-0.07	-	-0
Interest & Investment Income	0.11	-	5.22	-	-	-
Currency Exchange Gain (Loss)	-	-	-	-	-	-0.01
Other Non Operating Income (Expenses)	21.7	-3.37	6.16	0.29	-	0.14
Pretax Income	10.11	-8.16	9.71	-1.25	-0.01	-1.65
Income Tax Expense	-	-	1.1	-	-	-
Net Income	10.11	-8.16	8.61	-1.25	-0.01	-1.65
Net Income to Common	10.11	-8.16	8.61	-1.25	-0.01	-1.65
Shares Outstanding (Basic)	23	11	16	7	3	5
Shares Outstanding (Diluted)	25	11	16	7	3	5
Shares Change (YoY)	179.74%	-31.32%	112.99%	157.05%	-45.96%	-
EPS (Basic)	0.45	-0.76	0.55	-0.17	-	-0.31
EPS (Diluted)	0.42	-0.76	0.55	-0.17	-	-0.31
Free Cash Flow	-9.5	-3.52	-2.12	-1.09	-0.01	-1.67
Free Cash Flow Per Share	-0.39	-0.33	-0.14	-0.15	-0.00	-0.32
EBITDA	-11.58	-4.57	-	-1.44	-	-1.76
D&A For EBITDA	0.11	0.06	-	0.03	-	0.02
EBIT	-11.69	-4.62	-1.67	-1.46	-0.01	-1.78
Effective Tax Rate	-	-	11.28%	-	-	-

Updated Jan 14, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q