New Horizon Aircraft Ltd.
General ticker "HOVR" information:
- Sector: Industrials
- Industry: Aerospace & Defense
- Capitalization: $80.7M (TTM average)
New Horizon Aircraft Ltd. follows the US Stock Market performance with the rate: 42.5%.
Estimated limits based on current volatility of 3.6%: low 1.88$, high 2.02$
Factors to consider:
- Earnings expected soon, date: 2026-07-16 bmo
- Total employees count: 30 as of 2025
- Company does not operate outside North America (retrieved using AI)
- Top business risk factors: Regulatory and compliance, Certification failures, Product defects, Safety incidents, Capital raising failure
- Current price 97.6% above estimated high
- Earnings for 9 months up through Q3 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2025-05-31 to 2027-05-31
- 2025-05-31 to 2026-05-31 estimated range: [0.30$, 1.09$]
- 2026-05-31 to 2027-05-31 estimated range: [0.27$, 0.97$]
Financial Metrics affecting the HOVR estimates:
- Positive: with PPE of 9.2 at the end of fiscal year the price was low
- Negative: negative Operating cash flow
- Negative: negative Operating income
- Positive: Investing cash flow per share per price, % of -0.43 > -0.60
- Positive: Return on assets ratio (scaled to [-100,100]) of 38.20 > 6.02
- Positive: 19.19 < Shareholder equity ratio, % of 30.79 <= 42.57
- Positive: Industry inventory ratio change (median), % of -2.37 <= -0.15
- Positive: Inventory ratio change, % of 0 <= 0
- Positive: -0.03 < Industry operating cash flow per share per price (median), % of 0.28
Short-term HOVR quotes
Long-term HOVR plot with estimates
Financial data
| YTD | 2023-05-31 | 2024-05-31 | 2025-05-31 |
|---|---|---|---|
| Operating Revenue | CA$0.00MM | CA$0.00MM | CA$0.00MM |
| Operating Expenses | CA$1.46MM | CA$4.62MM | CA$13.59MM |
| Operating Income | CA$-1.46MM | CA$-4.62MM | CA$-13.59MM |
| Non-Operating Income | CA$0.22MM | CA$-3.54MM | CA$18.79MM |
| Interest Expense | CA$0.07MM | CA$0.00MM | CA$0.00MM |
| R&D Expense | CA$0.68MM | CA$0.88MM | CA$3.66MM |
| Income(Loss) | CA$-1.25MM | CA$-8.16MM | CA$5.20MM |
| Net Income(Loss)* | CA$-1.32MM | CA$-8.16MM | CA$5.20MM |
| Stockholders Equity | CA$-1.39MM | CA$-17.93MM | CA$2.59MM |
| Assets | CA$0.44MM | CA$4.94MM | CA$8.41MM |
| Operating Cash Flow | CA$-1.09MM | CA$-3.31MM | CA$-9.31MM |
| Capital expenditure | CA$0.08MM | CA$0.21MM | CA$0.19MM |
| Investing Cash Flow | CA$0.00MM | CA$-0.21MM | CA$-0.14MM |
| Financing Cash Flow | CA$1.31MM | CA$5.11MM | CA$15.19MM |
| Earnings Per Share** | CA$-0.18 | CA$-0.76 | CA$0.20 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.