Stocktoria
New Horizon Aircraft Ltd. HOVR
Nasdaq · XNAS · stock · Aircraft · website · IPO 2023-02-10
Chart by TradingView
3/9
Piotroski F — financial health
-8.72
Altman Z″ — distress risk · distress
—
Dividend payout · no dividend
Financials & ratios (annual, from 10-K)
| Metric | FY2025 | FY2024 | FY2023 | FY2023 |
|---|---|---|---|---|
| Financials | ||||
| Operating income | -$13.6M | -$4.6M | -$1.7M | -$1.5M |
| Net income | $5.2M | -$8.2M | $8.6M | -$1.2M |
| Operating cash flow | -$9.3M | -$3.3M | -$2.1M | -$1.1M |
| Free cash flow | -$9.5M | -$3.5M | — | — |
| Total assets | $8.4M | $4.9M | $122.1M | $440,000 |
| Total liabilities | $5.8M | $22.9M | $7.1M | $1.8M |
| Shareholders' equity | $2.6M | -$17.9M | -$6.9M | -$1.4M |
| Ratios | ||||
| Return on assets | 61.8% | -165.0% | 7.1% | -283.4% |
| Return on equity | 200.8% | 45.5% | -125.5% | 90.0% |
| Current ratio | 6.16 | 3.50 | 0.12 | 0.17 |
Notable holders (13F)
| Investor | Shares | Value |
|---|---|---|
| RENAISSANCE TECHNOLOGIES LLC | 457,372 | $644,895 |
Why these scores methodology →
Piotroski F-score: 3/9
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″: -8.72 (distress)
- Working capital / assets 0.814
- Retained earnings / assets -1.127
- EBIT / assets -1.615
- Equity / liabilities 0.445
Sector peers
VFS · TM · HMC · SONY · AAPL · XOM · all Manufacturing →
Source: SEC EDGAR filings · CIK 0001930021 · as of 2025-05-31. Figures are facts from filings plus Stocktoria's own computed scores — not investment advice.