New Horizon Aircraft Ltd. (HOVR)
NASDAQ: HOVR · Real-Time Price · USD
1.280
-0.025 (-1.92%)
At close: Oct 23, 2026, 4:00 PM EDT
1.320
+0.040 (3.13%)
After-hours: Oct 23, 2026, 7:59 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 | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Aug '26 Aug 31, 2026 | 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 | 70.06 | 78.28 | 7.55 | 1.82 | 0.23 | 0 |
Cash & Short-Term Investments | 70.06 | 78.28 | 7.55 | 1.82 | 0.23 | 0 |
Cash Growth | 330.69% | 937.22% | 315.58% | 696.49% | 5175.34% | - |
Other Receivables | 1.21 | 0.8 | 0.1 | 0.42 | 0.02 | - |
Receivables | 1.21 | 0.8 | 0.1 | 0.42 | 0.02 | - |
Prepaid Expenses | 2.57 | 3.77 | 0.53 | 2.43 | 0 | 0 |
Total Current Assets | 73.84 | 82.85 | 8.17 | 4.66 | 0.25 | 0.01 |
Property, Plant & Equipment | 1.48 | 0.95 | 0.24 | 0.28 | 0.19 | 0.26 |
Long-Term Deferred Charges | - | - | - | - | - | 0.89 |
Total Assets | 75.31 | 83.8 | 8.41 | 4.94 | 0.44 | 1.16 |
Liabilities
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Aug '26 Aug 31, 2026 | 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 | 1.62 | 2.77 | 0.68 | 0.72 | 0.17 | 0.16 |
Accrued Expenses | 0.78 | 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 | 0.05 | 0.02 | 0.04 | 0.05 | 0.06 |
Other Current Liabilities | - | - | - | - | - | -0.02 |
Total Current Liabilities | 2.45 | 3.64 | 1.33 | 1.33 | 1.49 | 0.33 |
Long-Term Debt | - | - | - | - | 0.26 | 1.98 |
Long-Term Leases | 0.01 | 0.02 | 0.01 | 0.03 | 0.07 | 0.12 |
Other Long-Term Liabilities | 5.2 | 9.03 | 4.49 | 21.51 | - | - |
Total Liabilities | 7.66 | 12.69 | 5.82 | 22.88 | 1.83 | 2.44 |
Shareholders' Equity
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Aug '26 Aug 31, 2026 | 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 | 175.78 | 166.71 | 84.56 | 74.41 | 5.08 | 3.1 |
Additional Paid-In Capital | - | - | - | - | 0.06 | - |
Retained Earnings | -46.65 | -42.58 | -9.48 | -14.68 | -6.52 | -4.38 |
Comprehensive Income & Other | -67.75 | -59.29 | -78.77 | -77.66 | - | - |
Total Common Equity | 61.38 | 64.83 | -3.69 | -17.93 | -1.39 | -1.28 |
Shareholders' Equity | 67.66 | 71.11 | 2.59 | -17.93 | -1.39 | -1.28 |
Total Liabilities & Equity | 75.31 | 83.8 | 8.41 | 4.94 | 0.44 | 1.16 |
Additional Metrics
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Aug '26 Aug 31, 2026 | 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 | 0.05 | 0.07 | 0.03 | 0.07 | 1.61 | 2.25 |
Net Cash (Debt) | 70.01 | 78.21 | 7.52 | 1.74 | -1.38 | -2.25 |
Net Cash Growth | 331.03% | 940.40% | 331.51% | - | - | - |
Net Cash Per Share | 1.40 | 1.82 | 0.24 | 0.16 | -0.19 | -0.43 |
Filing Date Shares Outstanding | 67.12 | 66.83 | 39.21 | 18.61 | 7.33 | 5.27 |
Total Common Shares Outstanding | 67.12 | 61.76 | 32.33 | 18.61 | 7.33 | 5.27 |
Working Capital | 71.39 | 79.21 | 6.85 | 3.33 | -1.24 | -0.33 |
Book Value Per Share | 0.91 | 1.05 | -0.11 | -0.96 | -0.19 | -0.24 |
Tangible Book Value | 61.38 | 64.83 | -3.69 | -17.93 | -1.39 | -1.28 |
Tangible Book Value Per Share | 0.91 | 1.05 | -0.11 | -0.96 | -0.19 | -0.24 |
Machinery | 1.56 | 0.9 | 0.12 | 0.13 | 0.08 | 0.08 |
Leasehold Improvements | 0.26 | 0.25 | 0.12 | 0.02 | 0.01 | 0.01 |