EPS: As of FY2025 Q2, the actual value is USD 0.8.<h3>Segment Revenue</h3><ul><li>The company has not yet generated revenues as it is still in the design, development, and certification phase of its eVTOL aircraft.</li></ul><h3>Operational Metrics</h3><ul><li>Net Income (Loss): For the three months ended November 30, 2024, the company reported a net income of $19,664, compared to a net loss of $740 for the same period in 2023.</li><li>Total Operating Expenses: Increased to $3,274 for the three months ended November 30, 2024, from $824 for the same period in 2023, primarily due to increased professional fees and administrative costs.</li><li>Research and Development Expenses: Increased to $427 for the three months ended November 30, 2024, from $219 for the same period in 2023, due to additional labor related to flight testing and engineering work.</li></ul><h3>Cash Flow</h3><ul><li>Net Cash Used in Operating Activities: For the six months ended November 30, 2024, was - $4,184, compared to - $1,340 for the same period in 2023, primarily due to increased operating costs.</li><li>Net Cash Used in Investing Activities: For the six months ended November 30, 2024, was - $7, compared to - $54 for the same period in 2023.</li><li>Net Cash Provided by Financing Activities: For the six months ended November 30, 2024, was $3,262, compared to $7,044 for the same period in 2023, primarily due to proceeds from the issuance of Class A ordinary shares and Pre-Funded Warrants.</li></ul><h3>Unique Metrics</h3><ul><li>Change in Fair Value and Termination of Forward Purchase Agreement: The company recorded a $21,400 gain from the termination of the Forward Purchase Agreement on November 1, 2024.</li></ul><h3>Future Outlook and Strategy</h3><ul><li>Core Business Focus: The company plans to commercialize its eVTOL aircraft by 2027, with initial sales targeting medevac, firefighting, disaster relief, and military operations, followed by air cargo and air-taxi services.</li><li>Non-Core Business: The company intends to license its patented fan-in-wing technology to other OEMs and rely on experienced manufacturing partners for production.</li><li>Priority: The company emphasizes the need for additional capital to support ongoing operations and achieve its business plans, with recent investments and warrant exercises providing some financial support.</li></ul>

NEW HORIZON AIRCRAFT LTD C/WTS 14/02/2028 (TO PUR COM) | 10-Q: FY2025 Q2 EPS: USD 0.8