New Horizon Aircraft Ltd. (HOVR) Q1 2027 Earnings Call Transcript

(HOVR) Q1 2027 Earnings Call October 9, 2026 8:30 AM EDT Eric Robinson - Co-founder, Chairman & CEOBrian Merker - Chief Financial Officer Matthew Chesler - FNK IR LLCJoshua Sullivan - JonesTrading Institutional Services, LLC, Research DivisionSam DufaultBrian Lantier - Zacks Small-Cap ResearchScott Buck - Titan Partners Group LLC Ladies and gentlemen, thank you for standing by.
Welcome to the New Horizon Aircraft Fiscal First Quarter 2027 Earnings Conference Call.
[Operator Instructions] As a reminder, this conference is being recorded and will be available for replay on the company's website at www.horizonaircraft.com later today.
I would now like to turn the call over to Matt Chesler.
Thank you, operator, and good morning, everyone.
Joining me on the call today are Horizon Aircraft's CEO, Brandon Robinson; and the company's CFO, Brian Merker.
I would like to remind you that we will be making forward-looking statements during today's call.
These statements involve risks and uncertainties that may cause actual results to differ materially.
For more information about these risks and uncertainties, please refer to the Risk Factors section of our annual report on Form 10-K for the fiscal year ended May 31, 2026, filed on July 16, 2026, with the Securities and Exchange Commission under the company's profile and on the company's profile on SEDAR+ in Canada.
Any forward-looking statements we make are based on assumptions as of today.
We undertake no obligation to update these statements as a result of new information or future events.
And now I'd like to turn the call over to our CEO, Brandon Robinson, for his prepared remarks.
| Product | Price | Change |
|---|---|---|
| Brent Crude | $102.14/bbl | +0.34% |
| WTI Crude | $96.90/bbl | +0.21% |
| EN590 Diesel | $846/MT | +0.18% |
| Jet Fuel A-1 | $1090/MT | +0.55% |
| Mazut M100 | $450/MT | -0.15% |
| Bitumen 60/70 | $470/MT | +0.08% |
| Sulphur Gran 99.5% | $470/MT | -0.44% |
| Urea 46% Gran | $650/MT | +1.12% |
| NPK 16-16-16 | $460/MT | -0.28% |
| Nat Gas TTF | $15.42/MMBtu | +0.92% |
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