New Horizon Aircraft Past Earnings Performance
Past criteria checks 0/6
New Horizon Aircraft's earnings have been declining at an average annual rate of -604.1%, while the Aerospace & Defense industry saw earnings growing at 8.9% annually.
Key information
-604.1%
Earnings growth rate
-239.3%
EPS growth rate
| Aerospace & Defense Industry Growth | 5.4% |
| Revenue growth rate | n/a |
| Return on equity | n/a |
| Net Margin | n/a |
| Last Earnings Update | 31 Aug 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How New Horizon Aircraft makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Aug 24 | 0 | -11 | 6 | 1 |
| 31 May 24 | 0 | -8 | 4 | 1 |
| 29 Feb 24 | 0 | -7 | 2 | 1 |
| 31 Dec 23 | 0 | 9 | 2 | 0 |
| 30 Nov 23 | 0 | -2 | 1 | 1 |
| 31 Aug 23 | 0 | -2 | 1 | 1 |
| 31 May 23 | 0 | -1 | 1 | 1 |
| 31 Dec 22 | 0 | 0 | 0 | 0 |
Quality Earnings: HOVR is currently unprofitable.
Growing Profit Margin: HOVR is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if HOVR's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare HOVR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: HOVR is unprofitable, making it difficult to compare its past year earnings growth to the Aerospace & Defense industry (21.3%).
Return on Equity
High ROE: HOVR's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.