HOVR · New Horizon Aircraft Ltd. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q3 '26 | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | $270.0K | - | - | - |
| SG&A | - | - | - | - | - | - | $989.0K | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - | $1.26M | - | $1.4K | $1.1K |
| D&A | - | - | - | - | - | - | $21.0K | - | - | - |
| Operating Income | - | - | - | - | - | - | ($1.26M) | - | ($612.5K) | ($295.8K) |
| Interest Expense | - | - | - | - | - | - | $15.0K | - | - | - |
| Income Tax | - | - | - | - | - | - | - | - | $757.0K | - |
| Net Income | - | - | - | - | - | - | ($416.0K) | - | ($1.4K) | $1.12M |
| EPS - Basic | - | - | - | - | - | - | ($0.45) | - | - | - |
| EPS - Diluted | - | - | - | - | - | - | ($0.45) | - | - | - |
Balance Sheet
| Line item | Q3 '26 | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | - | - | - | - | - | - | $130.0K | $16.1K | $88.3K | $283.1K |
| Accounts Receivable | - | - | - | - | - | - | $127.0K | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | $172.0K | $685.0K | $354.5K | $57.7K |
| Current Assets | - | - | - | - | - | - | $6.56M | $121.8K | $222.6K | $502.2K |
| Total Assets | - | - | - | - | - | - | $440.0K | $122.08M | $121.70M | $120.42M |
| Current Liabilities | - | - | - | - | - | - | $2.30M | $986.2K | $1.25M | $160.9K |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | - | - | - | - | - | - | $1.82M | $7.09M | $13.59M | $3.61M |
| Stockholders' Equity | - | - | - | - | - | - | ($1.39M) | ($6.86M) | $22.2K | ($3.01M) |
| Retained Earnings | - | - | - | - | - | - | ($12.98M) | ($6.86M) | ($12.51M) | ($3.01M) |
Cash Flow
| Line item | Q3 '26 | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | - | - | - | - | - | - | - | - |
| Investing Cash Flow | - | - | - | - | - | - | - | - | - | - |
| Financing Cash Flow | - | - | - | - | - | - | - | - | - | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q3 '26 | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | - | - | - | - | - | - | - | - | 100.2% | - |
| Return on assets | - | - | - | - | - | - | -94.5% | - | -0.0% | 0.9% |
| Return on equity | - | - | - | - | - | - | 30.0% | - | -6.4% | -37.1% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | 2.85 | 0.12 | 0.18 | 3.12 |
| Quick ratio | - | - | - | - | - | - | 2.85 | 0.12 | 0.18 | 3.12 |
| Cash ratio | - | - | - | - | - | - | 0.06 | 0.02 | 0.07 | 1.76 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | -83.9x | - | - | - |
| Equity multiplier | - | - | - | - | - | - | -0.32 | -17.79 | 5493.72 | -40.02 |
| Liabilities / Assets | - | - | - | - | - | - | 4.15 | 0.06 | 0.11 | 0.03 |
| Efficiency | ||||||||||
| Asset turnover | - | - | - | - | - | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | - | - | - | - | - | - | -105.6% | - | - | - |
| Net income growth (YoY) | - | - | - | - | - | - | -29195.8% | - | - | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | - | - | - | - | - | - | - | - | - | - |
Peer comparison
Same SIC group: Aircraft
Comparing New Horizon Aircraft Ltd. against the 5 most active filers in the same SIC group.