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.
| trading_symbol | registrant_name | time | price | change | percentage_change |
|---|---|---|---|---|---|
| HOVR | New Horizon Aircraft Ltd. | 2025-10-28 16:56:45 | 2.4 | 0.09 | 3.9 |
| trading_symbol | central_index_key | registrant_name | isin_number | lei_number | ein_number | exchange | sic_code | sic_description | fiscal_year_end | state_of_incorporation | address_street | address_city | address_state | address_zip_code | address_country | address_country_code | phone_number | mailing_address | business_address | former_name | industry | founding_date | chief_executive_officer | number_of_employees | website | market_cap | shares_issued | shares_outstanding | description | update_time |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HOVR | 0001930021 | New Horizon Aircraft Ltd. | CA64550A1075 | — | — | Nasdaq | 3721 | Aircraft | 0531 | A1 | 3187 HIGHWAY 35 | LINDSAY | A6 | K9V 4R1 | CANADA | CA | 613-866-1935 | 3187 HIGHWAY 35, LINDSAY, A6, K9V 4R1 | 3187 HIGHWAY 35, LINDSAY, A6, K9V 4R1 | Pono Capital Three, Inc. | Aviation | 2013 | Brandon Robinson | 22 | http://horizonaircraft.com | 14,218,259 | — | 40,967,563 | 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. | 2025-10-23 16:10:43 |
| Fiscal Year | Market Cap | Change In Market Cap | Percentage Change In Market Cap | Shares Outstanding | Change In Shares Outstanding | Percentage Change In Shares Outstanding |
|---|---|---|---|---|---|---|
| 2025 | 14,218,259 | -107,451,741 | -88.3141 | 39,210,651 | 20,602,720 | 110.7201 |
| 2024 | 121,670,000 | 1,955,000 | 1.633 | 18,607,931 | 387,495 | 2.1267 |
| 2023 | 119,715,000 | 119,715,000 | 100 | 18,220,436 | 18,220,436 | 100 |
| Executive Name | Executive Position | Fiscal Year | Salary | Bonus | Stock Awards | Incentive Plan Compensation | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| Brian Merker | Chief Financial Officer | 2025 | 269,583 | 38,250 | 84,763 | 0 | 0 | 574,916 |
| Brandon Robinson | Chief Executive Officer | 2025 | 369,036 | 52,785 | 102,199 | 0 | 0 | 736,020 |
| Jason O’Neill | Chief Operating Officer | 2025 | 254,125 | 38,250 | 74,273 | 0 | 0 | 523,528 |
| Brian Merker | Chief Financial Officer | 2024 | 129,108 | 0 | 0 | 0 | 0 | 188,235 |
| Brandon Robinson | Chief Executive Officer | 2024 | 270,985 | 0 | 0 | 0 | 0 | 270,985 |
| Fiscal Year | Employee Count |
|---|---|
| 2025 | 28 |
| 2024 | 14 |
| 2023 | 10 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue | — | — | — |
| Cost Of Revenue | — | — | — |
| Gross Profit | — | — | — |
| Research And Development Expenses | 3,660,000 | 880,000 | — |
| General And Administrative Expenses | 9,925,000 | 3,744,000 | — |
| Operating Expenses | 13,585,000 | 4,624,000 | — |
| Operating Income | -13,585,000 | -4,624,000 | -1,666,371 |
| Net Income | 5,200,000 | -8,160,000 | 8,614,602 |
| Earnings Per Share Basic | 0.2 | -0.76 | 0.55 |
| Earnings Per Share Diluted | 0.17 | -0.76 | 0.55 |
| Weighted Average Shares Outstanding Basic | 25,844,200 | 10,717,378 | 10,668,603 |
| Weighted Average Shares Outstanding Diluted | 30,760,145 | 10,717,378 | 10,668,603 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Cash And Cash Equivalents | 7,547,000 | 1,816,000 | 16,138 |
| Marketable Securities Current | — | — | — |
| Accounts Receivable | 96,000 | — | — |
| Inventories | — | — | — |
| Non Trade Receivables | — | — | — |
| Other Assets Current | 530,000 | 2,431,000 | 71,081 |
| Total Assets Current | 8,173,000 | 4,664,000 | 121,771 |
| Marketable Securities Non Current | — | — | — |
| Property Plant And Equipment | 209,000 | 205,000 | — |
| Other Assets Non Current | — | — | — |
| Total Assets Non Current | 239,000 | 280,000 | 121,961,421 |
| Total Assets | 8,412,000 | 4,944,000 | 122,083,192 |
| Accounts Payable | 679,000 | 715,000 | 685,018 |
| Deferred Revenue | — | — | — |
| Short Term Debt | 75,000 | — | — |
| Other Liabilities Current | 625,000 | 574,000 | 46,140 |
| Total Liabilities Current | 1,326,000 | 1,333,000 | 986,158 |
| Long Term Debt | — | — | — |
| Other Liabilities Non Current | — | — | — |
| Total Liabilities Non Current | 4,496,000 | 21,544,000 | 6,100,000 |
| Total Liabilities | 5,822,000 | 22,877,000 | 7,086,158 |
| Common Stock | 84,562,000 | 74,406,000 | 67 |
| Retained Earnings | -9,483,000 | -14,683,000 | -6,864,948 |
| Accumulated Other Comprehensive Income | — | — | — |
| Total Shareholders Equity | 2,590,000 | -17,933,000 | -6,864,387 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Depreciation And Amortization | 138,000 | 56,000 | — |
| Share Based Compensation Expense | 1,492,000 | 66,000 | — |
| Other Non Cash Income Expense | — | — | — |
| Change In Accounts Receivable | -321,000 | 402,000 | — |
| Change In Inventories | — | — | — |
| Change In Non Trade Receivables | — | — | — |
| Change In Other Assets | — | — | — |
| Change In Accounts Payable | -36,000 | 184,000 | 685,018 |
| Change In Other Liabilities | 51,000 | 526,000 | 46,140 |
| Cash From Operating Activities | -9,312,000 | -3,308,000 | -2,124,922 |
| Purchases Of Marketable Securities | — | — | — |
| Sales Of Marketable Securities | — | — | — |
| Acquisition Of Property Plant And Equipment | 142,000 | 209,000 | — |
| Acquisition Of Business | — | — | — |
| Other Investing Activities | — | — | — |
| Cash From Investing Activities | -142,000 | -209,000 | -116,745,000 |
| Tax Withholding For Share Based Compensation | — | — | — |
| Payments Of Dividends | — | — | — |
| Issuance Of Common Stock | 2,082,000 | 15,000,000 | — |
| Repurchase Of Common Stock | — | — | — |
| Issuance Of Long Term Debt | — | — | — |
| Repayment Of Long Term Debt | — | — | — |
| Other Financing Activities | — | — | — |
| Cash From Financing Activities | 15,185,000 | 5,105,000 | 118,797,783 |
| Change In Cash | 5,731,000 | 1,588,000 | -72,139 |
| Cash At End Of Period | 7,547,000 | 1,816,000 | 16,138 |
| Income Taxes Paid | — | — | 1,130,000 |
| Interest Paid | 1,000 | 23,000 | — |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Earnings Per Share | 0.2 | -0.76 | 0.55 |
| Price To Earnings Ratio | 5.3 | -1.0461 | 15.1273 |
| Earnings Growth Rate | -126.3158 | -238.1818 | — |
| Price Earnings To Growth Ratio | -0.042 | 0.0044 | — |
| Book Value Per Share | 0.1002 | -1.6733 | 10.779 |
| Price To Book Ratio | 10.5772 | -0.4751 | 0.7719 |
| Ebitda | 5,338,000 | -7,961,000 | — |
| Enterprise Value | — | — | — |
| Dividend Yield | — | — | — |
| Dividend Payout Ratio | — | — | — |
| Debt To Equity Ratio | — | — | — |
| Capital Expenditures | 142,000 | — | — |
| Free Cash Flow | -9,454,000 | — | — |
| Return On Equity | 2.0077 | 0.455 | -1.255 |
| One Year Beta | 0.7844 | 0.1496 | 0.1108 |
| Three Year Beta | 0.5941 | 0.1325 | 0.1108 |
| Five Year Beta | 0.5941 | 0.1325 | 0.1108 |
| Insider Name | Relationship To Issuer | Transaction Date | Amount Of Securities | Acquired Or Disposed | Securities Owned Following Transaction |
|---|---|---|---|---|---|
| Robinson Eric Brandon | Director, Chief Executive Officer | 2025-10-15 | 100,000 | D | 1,372,510 |
| Merker Brian Frederick | Chief Executive Officer | 2025-10-15 | 46,000 | D | 265,286 |
| Robinson Eric Brandon | Director, Chief Executive Officer | 2025-10-14 | 140,000 | D | 1,472,510 |
| Lee Stewart Murray | Head of People and Strategy | 2025-10-14 | 100,000 | D | 163,588 |
| Robinson Eric Brandon | Director, Chief Executive Officer | 2025-10-09 | 143,275 | D | 467,479 |
| Investor Name | Period Of Report | Market Value | Amount Of Securities | Price Per Security |
|---|---|---|---|---|
| WOLVERINE ASSET MANAGEMENT LLC | 2025-09-30 | 5,486 | 2,160 | 2.5398 |
| Capital Investment Advisors, LLC | 2025-09-30 | 40,648 | 16,003 | 2.54 |
| MORGAN STANLEY | 2025-06-30 | 4,396 | 2,571 | 1.7098 |
| Rockefeller Capital Management L.P. | 2025-06-30 | 601,679 | 351,859 | 1.71 |
| RAYMOND JAMES FINANCIAL INC | 2025-06-30 | 22,230 | 13,000 | 1.71 |
| Registrant Name | Period Of Report | Fund Name | Fund Symbol | Amount Of Units | Value In Usd | Percentage Value Compared To Assets |
|---|---|---|---|---|---|---|
| FIDELITY CONCORD STREET TRUST | 2025-08-31 | Fidelity Nasdaq Composite Index Fund | FNCMX | 12,029 | 21,050.75 | 0.0001 |
| FIDELITY CONCORD STREET TRUST | 2025-05-31 | Fidelity Nasdaq Composite Index Fund | FNCMX | 12,029 | 12,750.74 | 0.0001 |
| FIDELITY CONCORD STREET TRUST | 2025-02-28 | Fidelity Nasdaq Composite Index Fund | FNCMX | 12,029 | 6,098.7 | 0.0 |
| FIDELITY CONCORD STREET TRUST | 2024-11-30 | Fidelity Nasdaq Composite Index Fund | FNCMX | 7,483 | 5,050.28 | 0.0 |
| FIDELITY CONCORD STREET TRUST | 2024-08-31 | Fidelity Nasdaq Composite Index Fund | FNCMX | 7,483 | 7,432.12 | 0.0 |