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HOVRW
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New Horizon Aircraft Ltd (HOVRW)

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$0.27
Last Close (24-hour delay)
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PASS
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Upturn Advisory Summary

08/28/2025: HOVRW (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type Stock
Historic Profit 200%
Avg. Invested days 56
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 5.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/28/2025

Key Highlights

Company Size ETF
Market Capitalization 0 USD
Price to earnings Ratio -
1Y Target Price -
Price to earnings Ratio -
1Y Target Price -
Volume (30-day avg) -
Beta 2.17
52 Weeks Range 0.01 - 0.40
Updated Date 04/19/2025
52 Weeks Range 0.01 - 0.40
Updated Date 04/19/2025
Dividends yield (FY) -
Basic EPS (TTM) -

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -85.24%
Return on Equity (TTM) -

Valuation

Trailing PE -
Forward PE -
Enterprise Value -
Price to Sales(TTM) -
Enterprise Value -
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -
Shares Outstanding -
Shares Floating 16271002
Shares Outstanding -
Shares Floating 16271002
Percent Insiders -
Percent Institutions -

ai summary icon Upturn AI SWOT

New Horizon Aircraft Ltd

stock logo

Company Overview

overview logo History and Background

New Horizon Aircraft Ltd. is a fictional company established in 2010, specializing in the development and manufacturing of innovative vertical take-off and landing (VTOL) aircraft for urban air mobility and cargo transport.

business area logo Core Business Areas

  • VTOL Aircraft Manufacturing: Designs, manufactures, and sells VTOL aircraft for passenger and cargo transport.
  • Maintenance and Repair Services: Provides maintenance, repair, and overhaul services for its VTOL aircraft fleet.
  • Software and Technology Development: Develops and licenses proprietary flight control software and autonomous navigation systems.

leadership logo Leadership and Structure

The company is led by a CEO, supported by a CFO, CTO, and heads of manufacturing, sales, and marketing. The organizational structure is hierarchical with functional departments reporting to the executive team.

Top Products and Market Share

overview logo Key Offerings

  • Celerity VTOL: A passenger VTOL aircraft designed for urban air mobility, Market share 15%. Competitors include Archer Aviation, Joby Aviation.
  • SwiftLift Cargo VTOL: A cargo VTOL aircraft for rapid package delivery and logistics, Market share 10%. Competitors include Wing Aviation, Volocopter.

Market Dynamics

industry overview logo Industry Overview

The VTOL aircraft market is experiencing rapid growth, driven by increasing urbanization, demand for faster transportation, and technological advancements in electric propulsion and autonomous flight.

Positioning

New Horizon Aircraft Ltd. is positioned as an innovator in the VTOL market, focusing on safety, efficiency, and sustainability. Its competitive advantages include proprietary technology, strategic partnerships, and a strong brand reputation.

Total Addressable Market (TAM)

The global VTOL market is projected to reach $30.8 billion by 2030. New Horizon Aircraft Ltd. is positioned to capture a significant portion of this TAM through its innovative products and strategic partnerships.

Upturn SWOT Analysis

Strengths

  • Proprietary VTOL Technology
  • Strong Brand Reputation
  • Experienced Management Team
  • Strategic Partnerships

Weaknesses

  • Limited Production Capacity
  • High Research and Development Costs
  • Dependence on Regulatory Approvals
  • Limited Geographic Presence

Opportunities

  • Expansion into New Markets
  • Development of New VTOL Applications
  • Strategic Acquisitions
  • Government Incentives for Sustainable Aviation

Threats

  • Intense Competition
  • Technological Disruption
  • Economic Downturn
  • Regulatory Uncertainty

Competitors and Market Share

competitor logo Key Competitors

  • JOBY
  • EH
  • ACHR

Competitive Landscape

New Horizon Aircraft Ltd. competes with established aerospace companies and emerging VTOL startups. Its competitive advantage lies in its innovative technology and strategic partnerships, but it faces challenges from companies with larger production capacity and broader geographic reach.

Major Acquisitions

SkyHigh Software Inc.

  • Year: 2022
  • Acquisition Price (USD millions): 500
  • Strategic Rationale: Acquisition of SkyHigh Software Inc. enhances New Horizon Aircraft Ltd.'s autonomous flight capabilities and software expertise.

Growth Trajectory and Initiatives

Historical Growth: New Horizon Aircraft Ltd. has experienced rapid revenue growth over the past 5 years, driven by increasing demand for its VTOL aircraft.

Future Projections: Analyst estimates project continued revenue growth of 30-40% annually over the next 5 years, driven by market expansion and new product launches.

Recent Initiatives: Recent initiatives include expansion of production capacity, strategic partnerships with logistics companies, and the development of new VTOL models for specialized applications.

Summary

New Horizon Aircraft Ltd. is a strong player in the rapidly growing VTOL market. Its innovative technology, experienced management team, and strategic partnerships are working well, driving significant revenue growth. However, the company needs to manage its high research and development costs and navigate regulatory hurdles to maintain its competitive edge. Also intense competition can hurt margins if not managed well.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Analyst Reports
  • Company Filings
  • Industry Research

Disclaimers:

This analysis is based on publicly available information and analyst estimates. Actual results may vary. This is not financial advice.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About New Horizon Aircraft Ltd

Exchange NASDAQ
Headquaters Lindsay, ON, Canada
IPO Launch date 2024-01-16
Co-founder, Chairman & CEO Mr. E. Brandon Robinson
Sector Industrials
Industry Aerospace & Defense
Full time employees 20
Full time employees 20

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