Stocks Industrials HOVR
NASDAQ · IndustrialsNew Horizon Aircraft Ltd. (HOVR)
At February 29, 2024 it held $4.4M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on October 9, 2026.
Key facts about New Horizon Aircraft Ltd.
- Net worth
- New Horizon Aircraft Ltd. has a market value (market cap) of $92.6M at the latest share price, and shareholders' equity of -$16.1M on its balance sheet at February 29, 2024. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Cash flow
- In fiscal 2023 operations used $2.1M of cash.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on October 9, 2026 and covers the period to August 31, 2026. Open on SEC EDGAR
- Next earnings report
- New Horizon Aircraft Ltd.'s next report is expected around January 13, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
What New Horizon Aircraft Ltd. does
New Horizon Aircraft Ltd. is registered with the SEC under industry code SIC 3721 (Aircraft). Its shares trade on NASDAQ under the ticker HOVR.
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2023 | n/a | $8.6M | n/a | n/a |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Latest SEC filings
What New Horizon Aircraft Ltd. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- October 26, 2026
- October 26, 2026Proxy statement DEF 14A
- October 9, 2026Quarterly results8-KNew Horizon Aircraft reported its first quarter fiscal 2027 results and highlighted progress on its Cavorite X7 aircraft development.
- October 9, 2026Quarterly report10-Q · period to August 31, 2026New Horizon Aircraft remained pre-revenue as research and development spending increased to advance its prototype aircraft.
- September 4, 2026
- August 28, 2026
- August 14, 2026Passive stake (5% or more) SCHEDULE 13G
- August 10, 2026Passive stake changed SCHEDULE 13G/A
- July 16, 2026
- July 16, 2026Annual report 10-K · period to May 31, 2026
Insider trades
What the people running New Horizon Aircraft Ltd. did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider trades were reported in the last 90 days.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| August 4, 2026 | Nomura TrishaDirector | Received as pay | 15,210 | - |
| August 4, 2026 | Maris John MichaelDirector | Received as pay | 7,388 | - |
| August 4, 2026 | Pinsent John Harold CharlesDirector | Received as pay | 9,614 | - |
| August 4, 2026 | Janjua JameelDirector | Received as pay | 14,145 | - |
| May 26, 2026 | Robinson Eric BrandonChief Executive Officer, Director | Exercised options | 207,468 | - |
| May 26, 2026 | Robinson Eric BrandonChief Executive Officer, Director | Shares withheld for tax | 52,093 | $191.7K |
| May 26, 2026 | Merker Brian FrederickChief Financial Officer | Exercised options | 129,668 | - |
| May 26, 2026 | Merker Brian FrederickChief Financial Officer | Shares withheld for tax | 38,478 | $141.6K |
Who owns HOVR
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Canso Investment Counsel Ltd.13G, passive | 17.7% | August 10, 2026 |
| Alyeska Investment Group, L.P.13G, passive with 2 related filers | 6.72% | August 14, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 32 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| Alyeska Investment Group, L.P. | 1,987,536 | new |
| Marshall Wace, Llp | 813,610 | +716,497 |
| Citadel Advisors LLC | 492,865 | +110,474 |
| Renaissance Technologies LLC | 450,659 | -6,713 |
| Jane Street Group, LLC | 255,916 | -78,523 |
| Cerity Partners LLC | 200,000 | new |
| Saxon Interests, Inc. | 50,000 | new |
| Gabelli Funds LLC | 33,634 | +8,328 |
| UBS Group AG | 33,454 | +28,074 |
| J. Derek Lewis & Associates Inc. | 25,100 | new |
| Morgan Stanley | 24,196 | +9,476 |
| Central Pacific Bank - Trust Division | 24,000 | new |
| LPL Financial LLC | 23,008 | new |
| Geode Capital Management, LLC | 22,438 | +10,409 |
| Raymond James Financial Inc | 20,004 | +5,504 |
| Bank of America Corp | 16,000 | 0 |
| Signature Estate & Investment Advisors LLC | 13,500 | new |
| Farther Finance Advisors, LLC | 13,500 | +3,500 |
| Royal Bank of Canada | 12,707 | +2,155 |
| Wolverine Asset Management LLC | 8,928 | +4,068 |
Insiders
8 insiders reported holding 2,105,287 shares in total, about $2.9M at the last price.
| Holder | Shares |
|---|---|
| Robinson Eric BrandonChief Executive Officer, Director | 634,226 |
| O'Neill Jason MichaelChief Operating Officer | 527,691 |
| Merker Brian FrederickChief Financial Officer | 363,622 |
| Lee Stewart MurrayHead of People and Strategy | 243,386 |
| Nomura TrishaDirector | 176,257 |
| Pinsent John Harold CharlesDirector | 74,093 |
| Maris John MichaelDirector | 71,867 |
| Janjua JameelDirector | 14,145 |
Questions about HOVR
What does New Horizon Aircraft Ltd. do?
New Horizon Aircraft Ltd. is a company in the Industrials sector, listed on NASDAQ as HOVR. Its shares trade on NASDAQ under the ticker HOVR.
What is New Horizon Aircraft Ltd.'s net worth?
New Horizon Aircraft Ltd. has a market value (market cap) of $92.6M at the latest share price, and shareholders' equity of -$16.1M on its balance sheet at February 29, 2024. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is New Horizon Aircraft Ltd. profitable?
Yes. In fiscal 2023 it reported net income of $8.6M.
When did New Horizon Aircraft Ltd. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on October 9, 2026. It covers the period to August 31, 2026. Its newest filing of any kind is the annual report to shareholders from October 26, 2026.
When is New Horizon Aircraft Ltd.'s next earnings report?
New Horizon Aircraft Ltd.'s next report is expected around January 13, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
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Where the numbers come from
Financial figures are the values New Horizon Aircraft Ltd. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.