Horizon Aircraft

Horizon Aircraft

Aerospace & Defense
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.

$113.6M

Market Cap • 9/30/2026

2022

(4 years)

Founded

2024

(2 years ago)

IPO

NASDAQ

Listing Exchange

Flag of Canada

Canada

Country

Valuation

P/B

2,2

P/S

—

P/EBITDA

—

P/OCF

—

P/FCF

—

P/E

—

BVPS

0,8

EPS

—

Market Cap

Market Cap

113,6M

EV

61,5M

EV/Revenue

0

EV/EBITDA

-3,7

EV/EBIT

-3,6

Payout

Dividend Per Share

0

Dividend Yield

0%

Buyback Yield

-59,3%

Total Yield

-59,3%

Payout

0%

Retained Earnings

-30,9M

Profitability

Gross Margin

—

EBITDA Margin

—

EBIT Margin

—

Net Margin

—

D&A/EBITDA

0%

R&D/Revenue

0%

Capex/Revenue

0%

Capex/D&A

324,5%

Capex/OCF

-5,9%

SBC/OCF

—

% PPE

1,1%

% Goodwill

0%

ROE

—

ROIC

—

Leverage

N.D./EBITDA

3,4

Debt/Equity

0%

Current Ratio

22,8

Quick Ratio

21,7

Interest Coverage

—

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