New Horizon Aircraft Ltd. (HOVR)

New Horizon Aircraft Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2023	FY 2022	FY 2022
Period Ending	Aug 31, 2024	May 31, 2024	Dec 31, 2023	May 31, 2023	Dec 31, 2022	May 31, 2022
Cash & Equivalents	3.82	1.82	0.02	0.23	0.09	0
Cash & Short-Term Investments	3.82	1.82	0.02	0.23	0.09	0
Cash Growth	3592.90%	11152.94%	-92.92%	158.28%	1942.50%	-
Other Receivables	0.06	0.42	-	0.02	-	-
Receivables	0.06	0.42	-	0.02	-	-
Prepaid Expenses	2.12	2.43	0.07	0	0	0
Other Current Assets	-	-	0.03	-	-	-
Total Current Assets	6	4.66	0.12	0.25	0.09	0.01
Property, Plant & Equipment	0.24	0.28	-	0.19	-	0.26
Long-Term Deferred Charges	-	-	-	-	0.37	0.89
Other Long-Term Assets	-	-	121.96	-	-	-
Total Assets	6.24	4.94	122.08	0.44	0.46	1.16
Accounts Payable	1.24	0.72	0.69	0.17	-	0.16
Accrued Expenses	0.21	0.57	0.13	0.05	0.14	0.05
Short-Term Debt	-	-	0.18	1.18	0.3	0.09
Current Portion of Long-Term Debt	-	-	-	0.04	-	-
Current Portion of Leases	0.04	0.04	-	0.05	-	0.06
Other Current Liabilities	-	-	-	-	-	-0.02
Total Current Liabilities	1.48	1.33	0.99	1.49	0.44	0.33
Long-Term Debt	-	-	-	0.26	-	1.98
Long-Term Leases	0.03	0.03	-	0.07	-	0.12
Other Long-Term Liabilities	26.86	21.51	127.96	-	-	-
Total Liabilities	28.37	22.88	128.95	1.83	0.44	2.44
Common Stock	76.32	74.41	0	5.08	0	3.1
Additional Paid-In Capital	-	-	-	0.06	0.02	-
Retained Earnings	-17.59	-14.68	-6.86	-6.52	-0.01	-4.38
Comprehensive Income & Other	-80.86	-77.66	-	-	-0	-
Shareholders' Equity	-22.13	-17.93	-6.86	-1.39	0.02	-1.28
Total Liabilities & Equity	6.24	4.94	122.08	0.44	0.46	1.16
Total Debt	0.06	0.07	0.18	1.61	0.3	2.25
Net Cash (Debt)	3.76	1.74	-0.16	-1.38	-0.21	-2.25
Net Cash Per Share	0.26	0.16	-0.01	-0.19	-0.07	-0.43
Filing Date Shares Outstanding	24.57	18.61	15.6	7.33	2.85	5.27
Total Common Shares Outstanding	21.52	18.61	15.6	7.33	2.85	5.27
Working Capital	4.52	3.33	-0.86	-1.24	-0.35	-0.33
Book Value Per Share	-1.03	-0.96	-0.44	-0.19	0.01	-0.24
Tangible Book Value	-22.13	-17.93	-6.86	-1.39	0.02	-1.28
Tangible Book Value Per Share	-1.03	-0.96	-0.44	-0.19	0.01	-0.24
Machinery	0.13	0.13	-	0.08	-	0.08
Leasehold Improvements	0.02	0.02	-	0.01	-	0.01

Source: S&P Capital IQ. Standard template. Financial Sources.