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New Horizon Aircraft (New Horizon Aircraft) Pre-Tax Income : $ Mil (TTM As of May. 2023)


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What is New Horizon Aircraft Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. New Horizon Aircraft's pretax income for the six months ended in May. 2023 was $-0.87 Mil. New Horizon Aircraft does not have enough years/quarters to calculate the pretax income for the trailing twelve months (TTM) ended in May. 2023. New Horizon Aircraft's pretax margin was %.

New Horizon Aircraft Pre-Tax Income Historical Data

The historical data trend for New Horizon Aircraft's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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New Horizon Aircraft Pre-Tax Income Chart

New Horizon Aircraft Annual Data
Trend May22 May23
Pre-Tax Income
-1.29 -0.87

New Horizon Aircraft Semi-Annual Data
May22 May23
Pre-Tax Income -1.29 -0.87

Competitive Comparison of New Horizon Aircraft's Pre-Tax Income

For the Aerospace & Defense subindustry, New Horizon Aircraft's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

New Horizon Aircraft's Pre-Tax Income Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, New Horizon Aircraft's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where New Horizon Aircraft's Pre-Tax Income falls into.


New Horizon Aircraft Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

New Horizon Aircraft's Pretax Income for the fiscal year that ended in May. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-0.803+-0.007+-0.055+0+-0.00099999999999989
=-0.87

New Horizon Aircraft's Pretax Income for the quarter that ended in May. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-0.803+-0.007+-0.055+0+-0.00099999999999989
=-0.87

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

New Horizon Aircraft  (NAS:HOVR) Pre-Tax Income Explanation

New Horizon Aircraft's Pretax Margin for the quarter that ended in May. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=-0.866/0
=%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

New Horizon Aircraft Pre-Tax Income Related Terms

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New Horizon Aircraft (New Horizon Aircraft) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » New Horizon Aircraft Ltd (NAS:HOVR) » Definitions » Pre-Tax Income
Comparable Companies
Traded in Other Exchanges
N/A
Address
3187 Highway 35, Lindsay, ON, CAN, K9V 4R1
Website
New Horizon Aircraft Ltd is an advanced aerospace Original Equipment Manufacturer that is designing and aiming to build a next-generation hybrid electric vertical take-off and landing aircraft for the regional air mobility market. Its unique 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.

New Horizon Aircraft (New Horizon Aircraft) Headlines

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