New Horizon Aircraft Ltd. income statement HOVRW

It recorded a net loss of $5.3 million. Diluted earnings per share were -$0.45.

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

Line
TTM
Feb 29, 2024
Q3 FY2024
Feb 29, 2024
Q4 FY2023
Dec 31, 2023
Q3 FY2023
Sep 30, 2023
Q2 FY2023
Jun 30, 2023
Q1 FY2023
Mar 31, 2023
Research and development
—
0
—
—
—
—
Selling, general and administrative
—
1
—
—
—
—
Operating income
-3
-1
-105.6%
-1
-1
-0
-0
Other income (expense)
4
-4
-373.1%
8
1
—
—
Pretax income
1
-5
-710.1%
7
1
—
—
Income tax
—
—
0
1
—
—
Net income
0
-5
-4809.7%
7
0
1
499,414
Basic EPS
—
-0.45
—
—
—
—
Diluted EPS
—
-0.45
—
—
—
—
Weighted average shares, basic
—
12
—
—
—
—
Weighted average shares, diluted
—
12
—
—
—
—
Other measures
Depreciation and amortization
—
0
—
—
—
—
EBITDA
—
-1
—
—
—
—
Interest coverage
—
-83.93x
—
—
—
—
Margins
Effective tax rate
—
—
4.69%
87.05%
—
—
How these figures are calculated

Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. 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.