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HOVR (New Horizon Aircraft) Current Deferred Revenue : $0.00 Mil (As of Feb. 2025)


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What is New Horizon Aircraft Current Deferred Revenue?

Current Deferred Revenue represents collections of cash or other assets related to revenue producing activity for which revenue has not yet been recognized. Generally, an entity records deferred revenue when it receives consideration from a customer before achieving certain criteria that must be met for revenue to be recognized in conformity with GAAP. It can be either current or non-current item. Also called unearned revenue.

New Horizon Aircraft's current deferred revenue for the quarter that ended in Feb. 2025 was $0.00 Mil.

New Horizon Aircraft Current Deferred Revenue Historical Data

The historical data trend for New Horizon Aircraft's Current Deferred Revenue 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 Current Deferred Revenue Chart

New Horizon Aircraft Annual Data
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New Horizon Aircraft Quarterly Data
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New Horizon Aircraft Current Deferred Revenue Related Terms

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New Horizon Aircraft Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » New Horizon Aircraft Ltd (NAS:HOVR) » Definitions » Current Deferred Revenue
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Traded in Other Exchanges
N/A
Address
3187 Highway 35, Lindsay, ON, CAN, K9V 4R1
Website
https://www.horizonaircraft.com
New Horizon Aircraft Ltd is an 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 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.