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New Horizon Aircraft Ltd
Previous close
$1.80
Day range
$1.67 - $1.87
Year range
$0.35 - $4.18
Market cap
75.23M USD
Avg Volume
1.24M
P/E ratio
-
Dividend yield
-
Primary exchange
NASDAQ
Market news
Financials
Income Statement
Revenue
Net income
| (CAD) | Nov 2025info | Y/Y change |
|---|---|---|
Revenue | — | — |
Operating expense | 5.12M | 56.29% |
Net income | -8.65M | -143.99% |
Net profit margin | — | — |
Earnings per share | -0.21 | — |
EBITDA | -5.06M | -56.03% |
Effective tax rate | — | — |
Balance Sheet
Total assets
Total liabilities
| (CAD) | Nov 2025info | Y/Y change |
|---|---|---|
Cash and short-term investments | 24.30M | 2,640.02% |
Total assets | 25.64M | 1,206.73% |
Total liabilities | 11.17M | 158.82% |
Total equity | 14.47M | — |
Shares outstanding | 44.25M | — |
Price to book | 9.47 | — |
Return on assets | -59.94% | — |
Return on capital | -101.02% | — |
Cash Flow
Net change in cash
| (CAD) | Nov 2025info | Y/Y change |
|---|---|---|
Net income | -8.65M | -143.99% |
Cash from operations | -2.61M | 3.73% |
Cash from investing | -534.00K | -7,528.57% |
Cash from financing | 11.18M | 5,204.57% |
Net change in cash | 8.04M | 373.83% |
Free cash flow | -1.86M | -20.47% |
About
New Horizon Aircraft Ltd. is a publicly traded company headquartered in Lindsay, Ontario, which is developing a hybrid eVTOL aircraft for regional air mobility.
It is designing the Horizon Cavorite X7 as a hybrid-electric 6-passenger aircraft that has electric fans for vertical takeoff and landing and a turboprop engine for forward flight. Horizon Aircraft expects that its hybrid architecture will result in greater range compared to electric-only VTOL aircraft, while having 20–30% lower operating costs and twice the speed of a traditional helicopter. Development of a full-scale prototype is ongoing with the intent of having the Cavorite X7 certified and flying before 2030. Wikipedia
Founded
2013
Website
Employees
30
