New Horizon Aircraft Ltd. (HOVR)

NASDAQ: HOVR · Real-Time Price · USD

1.870

+0.030 (1.63%)

At close: Aug 21, 2026, 4:00 PM EDT

1.909

+0.039 (2.09%)

After-hours: Aug 21, 2026, 7:58 PM EDT

New Horizon Aircraft Balance Sheet

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

Millions CAD. Fiscal year is Jun - May.

Assets

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	May '26 May 31, 2026	May '25 May 31, 2025	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022
Cash & Equivalents	78.28	7.55	1.82	0.23	0
Cash & Short-Term Investments	78.28	7.55	1.82	0.23	0
Cash Growth	937.22%	315.58%	696.49%	5175.34%	-
Other Receivables	0.8	0.1	0.42	0.02	-
Receivables	0.8	0.1	0.42	0.02	-
Prepaid Expenses	3.77	0.53	2.43	0	0
Total Current Assets	82.85	8.17	4.66	0.25	0.01
Property, Plant & Equipment	0.95	0.24	0.28	0.19	0.26
Long-Term Deferred Charges	-	-	-	-	0.89
Total Assets	83.8	8.41	4.94	0.44	1.16

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	May '26 May 31, 2026	May '25 May 31, 2025	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022
Accounts Payable	2.77	0.68	0.72	0.17	0.16
Accrued Expenses	0.82	0.63	0.57	0.05	0.05
Short-Term Debt	-	-	-	1.18	0.09
Current Portion of Long-Term Debt	-	-	-	0.04	-
Current Portion of Leases	0.05	0.02	0.04	0.05	0.06
Other Current Liabilities	-	-	-	-	-0.02
Total Current Liabilities	3.64	1.33	1.33	1.49	0.33
Long-Term Debt	-	-	-	0.26	1.98
Long-Term Leases	0.02	0.01	0.03	0.07	0.12
Other Long-Term Liabilities	9.03	4.49	21.51	-	-
Total Liabilities	12.69	5.82	22.88	1.83	2.44

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	May '26 May 31, 2026	May '25 May 31, 2025	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022
Common Stock	166.71	84.56	74.41	5.08	3.1
Additional Paid-In Capital	-	-	-	0.06	-
Retained Earnings	-42.58	-9.48	-14.68	-6.52	-4.38
Comprehensive Income & Other	-59.29	-78.77	-77.66	-	-
Total Common Equity	64.83	-3.69	-17.93	-1.39	-1.28
Shareholders' Equity	71.11	2.59	-17.93	-1.39	-1.28
Total Liabilities & Equity	83.8	8.41	4.94	0.44	1.16

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	May '26 May 31, 2026	May '25 May 31, 2025	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022
Total Debt	0.07	0.03	0.07	1.61	2.25
Net Cash (Debt)	78.21	7.52	1.74	-1.38	-2.25
Net Cash Growth	940.40%	331.51%	-	-	-
Net Cash Per Share	1.82	0.24	0.16	-0.19	-0.43
Filing Date Shares Outstanding	66.83	39.21	18.61	7.33	5.27
Total Common Shares Outstanding	61.76	32.33	18.61	7.33	5.27
Working Capital	79.21	6.85	3.33	-1.24	-0.33
Book Value Per Share	1.05	-0.11	-0.96	-0.19	-0.24
Tangible Book Value	64.83	-3.69	-17.93	-1.39	-1.28
Tangible Book Value Per Share	1.05	-0.11	-0.96	-0.19	-0.24
Machinery	0.9	0.12	0.13	0.08	0.08
Leasehold Improvements	0.25	0.12	0.02	0.01	0.01

SEC Filings: 10-K · 10-Q