HOVR: financial statements from SEC — TradeAlmanac

HOVR

New Horizon Aircraft Ltd.: financial statements

Company reports as filed with the U.S. Securities and Exchange Commission.

AnnualQuarterly

Income statement

Metric	Feb 28, 2026	Nov 30, 2025	Aug 31, 2025	Feb 28, 2025	Nov 30, 2024	Aug 31, 2024
Research and development	4m	3m	3m	443,000	427,000	297,000
Selling, general and administrative	3m	3m	3m	3m	3m	2m
Operating expenses	8m	5m	6m	4m	3m	3m
Operating income	−8m	−5m	−6m	−4m	−3m	−3m
Pre-tax income	−7m	−9m	−11m	−5m	20m	−3m
Net income	−7m	−9m	−11m	−5m	20m	−3m
Earnings per share	−0.16	−0.21	−0.29	−0.17	0.83	−0.15
Earnings per share, diluted	−0.16	−0.21	−0.29	−0.17	0.80	−0.15
Weighted average shares	44m	42m	37m	29m	24m	19m
Weighted average shares, diluted	44m	42m	37m	29m	25m	19m

Balance sheet

Metric	Feb 28, 2026	Nov 30, 2025	Aug 31, 2025	May 31, 2025	Feb 28, 2025	Nov 30, 2024	Aug 31, 2024	May 31, 2024
Cash and equivalents	20m	24m	16m	8m	9m	887,000	4m	2m
Receivables	291,000	220,000	81,000

Cash flow

Metric	Aug 31, 2025	Aug 31, 2024
Operating cash flow	−2m	−1m
Depreciation and amortisation	51,000	30,000
Share-based compensation	2m	100,000
Capital expenditure	139,000	—
Investing cash flow	−139,000	—
Financing cash flow

Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)