New Horizon Aircraft Ltd.
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. over the previous period. Total operating expenses were $1,666,371.

Profit Margin

New Horizon Aircraft Ltd. (NASDAQ:HOVR): Profit margin
2022 0 -1.65M
2023 0 -6.03M

HOVR Income Statement (2021 – 2023)

2023 2021
Revenue
Revenue
00
Cost of revenue
0613.38K
Gross profit
0-613.38K
Operating exp.
Research and development
0666.01K
Selling and marketing
00
Total operating expenses
1.66M1.16M
Operating income
-1.66M-1.78M
Other income (expenses), net
-6.49M129.97K
Income before tax
-8.16M-1.65M
Income tax expense
1.09M144.06K
Net income
-6.03M-1.65M
Earnings per share
Basic EPS
-0.00-0.09
Diluted EPS
-0.00-0.09