New Horizon Aircraft Ltd. income statement HOVR

Net income was $8.6 million.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.

Line
FY 2024
Feb 29, 2024
FY 2023
Dec 31, 2023
Selling, general and administrative
—
0
Operating income
-3
-2
Other income (expense)
4
11
Pretax income
1
10
Income tax
—
1
Net income
0
9
Margins
Effective tax rate
—
11.28%
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.

Company profile

Industry
Aircraft (SIC 3721)
Listed as
HOVR (Nasdaq), HOVRW (Nasdaq)
Fiscal year ends
May 31
Incorporated in
British Columbia, Canada
Headquarters
Lindsay, Ontario, Canada
SEC filer status
, Emerging growth company
SEC CIK
1930021
Former names
Pono Capital Three, Inc. (until Jan 16, 2024)

Other Aircraft companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.