Stocktoria
New Horizon Aircraft Ltd. HOVR
Nasdaq · XNAS · stock · Aircraft · website · IPO 2023-02-10
New Horizon Aircraft Ltd. financials (annual, from 10-K)
| Metric | FY2025 | FY2024 | FY2023 | FY2023 |
|---|---|---|---|---|
| R&D expense | $3.7M | $880,000 | — | $676,000 |
| Operating income | -$13.6M | -$4.6M | -$1.7M | -$1.5M |
| Income tax | — | — | $1.1M | — |
| Net income | $5.2M | -$8.2M | $8.6M | -$1.2M |
| EPS (diluted) | $0.17 | $-0.76 | — | $-0.17 |
| Operating cash flow | -$9.3M | -$3.3M | -$2.1M | -$1.1M |
| Free cash flow | -$9.5M | -$3.5M | — | — |
| Cash & equivalents | $7.5M | $1.8M | $16,138 | $228,000 |
| 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 |
Source: SEC EDGAR filings · CIK 0001930021 · as of 2025-05-31. Facts from filings plus Stocktoria's own computed scores — not investment advice.