New Horizon Aircraft Ltd.
About New Horizon Aircraft Ltd.
New Horizon Aircraft Ltd is an aerospace Original Equipment Manufacturer that is designing and building a next-generation hybrid electric vertical take-off and landing aircraft for the regional air mobility market. Its aircraft will offer a more efficient way to move people and goods at a regional scale, help to connect remote communities, and advance its ability to deal with an increasing number of climate-related natural disasters such as wildfires, floods, and droughts. The company aims to deliver a hybrid electric 7-seat aircraft, called the Cavorite X7, that can take off and land vertically like and helicopter.
This profile is unclaimed. An authorized representative can claim it to add details and earn the Verified badge.
Financial summary
- Net income
- $8.6M
- Total assets
- $122.1M
- Market cap
- $139.6M
Source: SEC EDGAR · updated Jun 8, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $0
- Operating expenses
- $13.6M
- Operating income
- -$13.6M
- Net income
- $5.2M
- EPS (basic)
- $0.20
- EPS (diluted)
- $0.17
Balance sheet
- Total assets
- $8.4M
- Current assets
- $8.2M
- Total liabilities
- $5.8M
- Current liabilities
- $1.3M
- Shareholders’ equity
- $2.6M
Cash flow
- Operating cash flow
- -$9.3M
- Investing cash flow
- -$142.0K
- Financing cash flow
- $15.2M
- Net cash flow
- $5.7M
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year
52-week range
- Market cap
- $139.6M
- P/E ratio
- 13.3
- EPS (diluted)
- $0.17
- Shares outstanding
- 61.8M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Jan 16, 2024
Market data by Polygon.io · prices are 15-minute delayed
At a glance
- Profitable — net income of $8.6M.
- Trading 42% below its 52-week high.
- Valued at a price-to-earnings (P/E) ratio of 13.3.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
No reviews yet. Be the first to review New Horizon Aircraft Ltd..
Write a review
News about New Horizon Aircraft Ltd.
News & sentiment via Polygon.io
