New Horizon Aircraft Ltd.
HOVRNasdaqIndustrials · Aircraft · A1 · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY23 | FY22 | |
|---|---|---|
| Revenue | — | — |
| Operating income | −$1.7M | −$8,687 |
| Net income | $8.6M | −$8,687 |
| Total assets | $122.1M | $458,451 |
| Total liabilities | $7.1M | $442,138 |
| Equity | −$6.9M | $16,313 |
| EPS (diluted) | — | $0.00 |
| Shares out. | 7.3M | — |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2023- Operating margin
- —
- Net margin
- —
- Return on equity
- −125.5%
- Return on assets
- 7.1%
- Return on capital (ROCE)
- −1.4%
- Liabilities / assets
- 5.8%
- Debt / equity
- —
- Book value / share
- $-0.94
- Revenue growth (YoY)
- —
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2023- Altman Z″ (distress)
- -1.34distress
- Accruals / assets
- 8.8%moderate
- Piotroski F-Score
- 3/6weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 3 severe● 1 warning● 1 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Negative operating cash flow
- Conservative leverage (liabilities < 50% of assets)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗Apr 15, 2024
- NT 10-Qmissed a reporting deadline ↗Nov 14, 2023
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Shindo Dustin MActivist (13D)May 28, 2026
- Brumder William GeorgePassive (13G)Apr 21, 2026
- Grip Investments LtdPassive (13G)Jan 29, 2026
- Canso Investment Counsel Ltd.Passive (13G)Jan 29, 2026
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Pinsent John Harold CharlesDirector | Feb 10, 2026 | Grant | 7,825 | $0.00 |
| Maris John MichaelDirector | Feb 10, 2026 | Grant | 7,825 | $0.00 |
| Nomura TrishaDirector | Feb 10, 2026 | Grant | 13,482 | $0.00 |
| Lee Stewart MurrayOfficer — Head of People and Strategy | Oct 14, 2025 | Sell | 100,000 | $3.72 |
| Merker Brian FrederickOfficer — Chief Executive Officer | Oct 15, 2025 | Sell | 46,000 | $4.00 |
| Robinson Eric BrandonOfficer — Chief Executive Officer | Oct 14, 2025 | Sell | 140,000 | $3.84 |
| Lee Stewart MurrayOfficer — Head of People and Strategy | Sep 26, 2025 | Option exercise | 57,143 | — |
| O'Neill Jason MichaelOfficer — Chief Operating Officer | Sep 26, 2025 | Option exercise | 217,143 | — |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 2.9M | 1.1 | +19.9% |
| Apr 30, 2026 | 2.4M | 2.1 | +26.0% |
| Apr 15, 2026 | 1.9M | 2.9 | +7.5% |
| Mar 31, 2026 | 1.8M | 2.1 | -28.9% |
| Mar 13, 2026 | 2.5M | 4.5 | -3.4% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Regulation FD disclosureMay 28, 2026
- Entered a material agreement · Regulation FD disclosureMay 27, 2026
- Regulation FD disclosureMay 11, 2026
- Entered a material agreement · Regulation FD disclosureMay 8, 2026
- Results of operationsApr 14, 2026
- Results of operationsJan 14, 2026
- Director / officer change · Shareholder vote · Regulation FD disclosureNov 26, 2025
- Other material eventOct 31, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- SCHEDULE 13D/AMay 28, 2026
- 8-KCURRENT REPORTMay 28, 2026
- 8-KCURRENT REPORTMay 27, 2026
- 424B5PROSPECTUS SUPPLEMENTMay 27, 2026
- 424B5PROSPECTUS SUPPLEMENTMay 26, 2026
- 8-KCURRENT REPORTMay 11, 2026
- 8-KCURRENT REPORTMay 8, 2026
- 424B5PROSPECTUS SUPPLEMENTMay 8, 2026
- SCHEDULE 13G/AApr 21, 2026
- 8-KCURRENT REPORTApr 14, 2026
- 10-QQUARTERLY REPORTApr 14, 2026
- 4PRIMARY DOCUMENTFeb 12, 2026
- 4PRIMARY DOCUMENTFeb 12, 2026
- 4PRIMARY DOCUMENTFeb 12, 2026
- 4PRIMARY DOCUMENTFeb 12, 2026