Saturday 17 October 2026
Export HOVR’s income statement to Excel — free account
New Horizon Aircraft Ltd.
HOVR Industrials Aerospace & Defense
In the quarter to August 2026, EPS grew 76.2% and free cash flow fell 208.2%, each against the same quarter a year earlier.
1.38
0.03
−2.13%
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Target Price Range
Analyst price targets
Free accountTen years at a glance
| Group | Line | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Trend | 2027e | 2028e | 2029e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | — | — | — | — | — | — | 7.10 | 0.24 | 0.35 | 1.25 |
Analyst estimates 2027–2029 Powerpack |
|||
| High | — | — | — | — | — | — | 12.00 | 12.15 | 4.18 | 3.68 | |||||
| People | |||||||||||||||
| People | Employees | — | — | — | — | — | 3 | 12 | 16 | 30 | 58 | ||||
| Revenue/emp, $m | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | — | — | — | — | — | — | — | — | — | — | ||||
| Gross margin, % | — | — | — | — | — | — | — | — | — | — | |||||
| EBT | — | — | — | — | — | 0 | 10 | (6) | 4 | (24) | |||||
| EBT margin, % | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| Net income | — | — | — | — | — | 0 | 9 | (6) | 4 | (24) | |||||
| Depreciation | — | — | — | — | — | 0 | 0 | 0 | 0 | 0 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||
| Earnings | — | — | — | — | — | 0.00 | 1.75 | (0.55) | 0.14 | (0.56) | |||||
| Cash flow | — | — | — | — | — | 0.00 | (0.43) | (0.22) | (0.26) | (0.28) | |||||
| Capex | — | — | — | — | — | 0.00 | 0.00 | (0.01) | 0.00 | (0.02) | |||||
| Free cash flow | — | — | — | — | — | 0.00 | (0.43) | (0.24) | (0.27) | (0.29) | |||||
| Book value | — | — | — | — | — | 0.01 | (1.39) | (1.20) | 0.07 | 1.20 | |||||
| Shares, m | — | — | — | — | — | 3 | 5 | 11 | 26 | 43 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | — | — | — | — | — | — | — | — | — | — | ||||
| P/S | — | — | — | — | — | — | — | — | — | — | |||||
| P/B | — | — | — | — | — | — | — | — | — | — | |||||
| EV/Sales | — | — | — | — | — | — | — | — | — | — | |||||
| EV/FCF | — | — | — | — | — | — | — | — | — | — | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | — | — | 0 | (2) | (2) | (7) | (12) | ||||
| Capex | — | — | — | — | — | 0 | — | 0 | 0 | (1) | |||||
| Free cash flow | — | — | — | — | — | 0 | (2) | (3) | (7) | (13) | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | — | — | — | — | — | 0 | (1) | 2 | 5 | 57 | ||||
| Total debt | — | — | — | — | — | 0 | 0 | — | — | — | |||||
| Net debt | — | — | — | — | — | 0 | 0 | (1) | (5) | (57) | |||||
| Shareholders’ equity | — | — | — | — | — | 0 | (7) | (13) | 2 | 52 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | — | — | — | — | — | (3.79) | 14.08 | (9.31) | 78.21 | (71.79) | ||||
| ROIC | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| ROE | — | — | — | — | — | 0.00 | (218.39) | 59.32 | (48.59) | (108.25) | |||||
Negative figures in brackets.
Fundamentals updated 15 Oct 2026
Charts ten years each
New Horizon Aircraft Ltd. vs peers in Aerospace & Defense (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| SIDU Sidus Space, Inc. | $125.5M | — (loss-making) | — (loss-making) | −53.76% (below 0%: shrinking) | n/m | −18.26% (below 0%: shrinking) | (107.99%) | (976.20%) | Compare |
| MRLN Merlin Inc | $113.2M | — (loss-making) | — | — | n/m | −119.70% (below 0%: shrinking) | (5.42%) | (1,528.58%) | Compare |
| CODA Coda Octopus Group Inc. | $111.9M | 22.6× | 22.3× | +9.24% (above 0%: growing) | +9.09% (above 0%: growing) | −24.37% (below 0%: shrinking) | 65.44% | 19.87% | Compare |
| BYRN Byrna Technologies Inc. | $111.9M | — (loss-making) | 888× | −45.72% (below 0%: shrinking) | n/m | +87.91% (above 0%: growing) | 79.46% | (19.16%) | Compare |
| HOVR New Horizon Aircraft Ltd. | $94.7M | — (loss-making) | — | — | n/m | −208.15% (below 0%: shrinking) | — | 0.00% | |
| SPAI Safe Pro Group Inc. | $71.9M | — (loss-making) | — (loss-making) | +1,335.45% (above 0%: growing) | n/m | −159.09% (below 0%: shrinking) | 64.02% | (245.60%) | Compare |
| OPXS Optex Systems Holdings Inc. | $69.3M | 17.5× | 18.2× | −12.43% (below 0%: shrinking) | −18.18% (below 0%: shrinking) | +53.00% (above 0%: growing) | 34.18% | 14.30% | Compare |
| FJET Starfighters Space, Inc. | $69.3M | — (loss-making) | — | — | n/m | −235.20% (below 0%: shrinking) | — | 0.00% | Compare |
| EVTL Vertical Aerospace Ltd. | $68.7M | — (loss-making) | — | — | n/m | −586.27% (below 0%: shrinking) | 0.00% | 0.00% | Compare |
| Median of peers | $91.9M | — | 22.3× | −12.43% | — | −72.03% | 34.18% | (9.58%) |
New Horizon Aircraft Ltd. (HOVR) key facts
- New Horizon Aircraft Ltd. (HOVR) is an Aerospace & Defense company in the Industrials sector, listed on Nasdaq.
- As of October 16, 2026, HOVR traded at $1.38, a market capitalization of $94.7 million.
- Return on equity was −108.3% and debt-to-equity 0.00.