New Horizon Aircraft Ltd

Chart & Performance

D1W1MN

P/E

—

P/S

—

EPS

—

Div Yield, %

0.00%

Shrs. gr., 5y

—

Rev. gr., 5y

Revenues

Net income

-6m

L+416.15%

CFO

-2m

L+110.40%

Profile

New Horizon Aircraft Ltd., an aerospace engineering company, focuses on designing and developing the hybrid electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market primarily in the United States. It is developing Cavorite X7, a hybrid electric 7-seat aircraft that can take off and land vertically. The company was founded in 2013 and is headquartered in Lindsay, Canada.

URL

https://www.horizonaircraft.com/

IPO date

Feb 10, 2023

Employees

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2023‑12	2023‑05	2022‑05
Income
Revenues
Cost of revenue		1,386	1,781
Unusual Expense (Income)
NOPBT		(1,386)	(1,781)
NOPBT Margin
Operating Taxes	1,095	65	144
Tax Rate
NOPAT	(1,095)	(1,451)	(1,925)
Net income	(6,037) 265.25%	(1,170) -29.24%	(1,653)
Dividends
Dividend yield
Proceeds from repurchase of equity	119,389
BB yield
Debt
Debt current	44	1,268	148
Long-term debt	104	459	2,287
Deferred revenue
Other long-term liabilities	21,514
Net debt	(1,668)	1,499	2,431
Cash flow
Cash from operating activities	(2,125)	(1,010)	(1,623)
CAPEX		(77)	(131)
Cash from investing activities	(209)	(77)	(131)
Cash from financing activities	5,105	1,311	1,599
FCF	(2,703)	(1,565)
Balance
Cash	1,816	228	4
Long term investments
Excess cash	1,816	228	4
Stockholders' equity	59,723	(468)	(1,278)
Invested Capital	1,839	1,659	2,255
ROIC
ROCE
EV
Common stock shares outstanding	10,717,378	16,693	16,693
Price
Market cap
EV
EBITDA		(1,359)	(1,757)
EV/EBITDA
Interest		74	2
Interest/NOPBT