New Horizon Aircraft (New Horizon Aircraft) Other Income (Expense) : $ Mil (TTM As of May. 2023)

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What is New Horizon Aircraft Other Income (Expense)?

New Horizon Aircraft's other income expense for the New Horizon Aircraft's pretax income for the six months ended in May. 2023 was $-0.01 Mil.

New Horizon Aircraft Other Income (Expense) Historical Data

The historical data trend for New Horizon Aircraft's Other Income (Expense) 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 Other Income (Expense) Chart

New Horizon Aircraft Annual Data

Trend

May22

May23

Other Income (Expense)

0.10

-0.01

New Horizon Aircraft Semi-Annual Data
	May22	May23
Other Income (Expense)	0.10	-0.01

New Horizon Aircraft Other Income (Expense) Calculation

Other income expense includes minority interest. Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company.

New Horizon Aircraft (NAS:HOVR) Other Income (Expense) Explanation

Minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

New Horizon Aircraft (New Horizon Aircraft) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » New Horizon Aircraft Ltd (NAS:HOVR) » Definitions » Other Income (Expense)

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

From GuruFocus

Horizon Aircraft Provides Corporate Update

By Marketwired • 04-16-2024