HOVRW · New Horizon Aircraft Ltd.
Substantial doubt about the company's ability to continue as a going concern.
“There remains substantial doubt regarding the Company’s ability to meet the going concern assumption beyond that period without securing additional capital.”View the 10-Q filed Oct 9, 2026
Price & Indicators
The closing range uses available history since Jul 23, 2026; less than a full year is stored.
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Technicals
trend & momentum for long-term holders illustrative — not investment adviceIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Class A ordinary shares sold under the Sales Agreement | 219,624 | the three months ended August 31, 2026 filing | — |
| Letters of intent totalling potential aircraft sales | $1B | To date | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Aerospace & Defense — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
HOVRW
this stock
New Horizon Aircraft Ltd.
|
$89.88M | — | — | — | — |
|
SPCX
Space Exploration Technologies Corp
|
$1.95T | — | — | — | 1.4% |
|
GE
General Electric Co
|
$311.13B | -2.6% | +18.5% | 34.7 | 1.1% |
|
RTX
RTX Corp
|
$260.90B | +5.4% | +17.1% | 31.4 | 1.0% |
|
EADSF
Airbus SE/ADR
|
$171.97B | -6.5% | — | — | 0.1% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every section- Filed
- Oct 9, 2026
- This year
- 15
Horizon is pre-revenue with more than $70 million sufficient for at least 12 months, but substantial doubt extends beyond that period without additional capital. Operating expenses rose to $9,098 from $5,909, while net loss narrowed to (4,071) from (10,903).
ViewPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| HOVRW | -8.0% | -25.8% | — | -32.9% | — |
| SPY | -1.2% | -0.6% | +8.1% | +0.8% | +12.8% |
| vs SPY | -6.9% | -25.3% | — | -33.7% | — |