HomeHOVR • NASDAQ
add
New Horizon Aircraft Ltd
Previous close
$1.62
Day range
$1.61 - $1.69
Year range
$0.35 - $4.18
Market cap
71.54M USD
Avg Volume
1.33M
P/E ratio
14.28
Dividend yield
-
Primary exchange
NASDAQ
Financials
Income Statement
Revenue
Net income
| (CAD) | Aug 2025info | Y/Y change |
|---|---|---|
Revenue | — | — |
Operating expense | 5.91M | 118.45% |
Net income | -10.90M | -274.54% |
Net profit margin | — | — |
Earnings per share | — | — |
EBITDA | -5.86M | -118.99% |
Effective tax rate | — | — |
Balance Sheet
Total assets
Total liabilities
| (CAD) | Aug 2025info | Y/Y change |
|---|---|---|
Cash and short-term investments | 16.27M | 325.61% |
Total assets | 17.04M | 173.26% |
Total liabilities | 6.23M | -78.04% |
Total equity | 10.81M | — |
Shares outstanding | 40.97M | — |
Price to book | 14.73 | — |
Return on assets | -116.07% | — |
Return on capital | -219.53% | — |
Cash Flow
Net change in cash
| (CAD) | Aug 2025info | Y/Y change |
|---|---|---|
Net income | -10.90M | -274.54% |
Cash from operations | -2.36M | -60.27% |
Cash from investing | -139.00K | — |
Cash from financing | 11.22M | 222.41% |
Net change in cash | 8.72M | 334.70% |
Free cash flow | -428.12K | 41.48% |
About
New Horizon Aircraft Ltd. is a publicly traded company headquartered in Lindsay, Ontario, which is developing a hybrid eVTOL aircraft for regional air mobility.
It is designing the Horizon Cavorite X7 as a hybrid-electric 6-passenger aircraft that has electric fans for vertical takeoff and landing and a turboprop engine for forward flight. Horizon Aircraft expects that its hybrid architecture will result in greater range compared to electric-only VTOL aircraft, while having 20–30% lower operating costs and twice the speed of a traditional helicopter. Development of a full-scale prototype is ongoing with the intent of having the Cavorite X7 certified and flying before 2030. Wikipedia
Founded
2013
Website
Employees
30
