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Xeros Technology
(LSE:XSG)
Xeros Technology (XSG) vs. iShares MSCI United Kingdom ETF (EWC)
Xeros Technology Business Overview & Revenue Model
Xeros Technology Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 161.00K | 297.00K | 164.00K | 474.00K | 385.00K |
| Gross Profit | 139.00K | 94.00K | 84.00K | 281.00K | -49.00K |
| EBITDA | -4.48M | -4.58M | -7.27M | -6.73M | -7.41M |
| Net Income | -4.49M | -4.25M | -6.93M | -6.44M | -6.93M |
Balance Sheet | |||||
| Total Assets | 4.32M | 3.01M | 7.85M | 8.42M | 6.06M |
| Cash, Cash Equivalents and Short-Term Investments | 2.81M | 1.60M | 6.47M | 7.81M | 5.16M |
| Total Debt | 646.00K | 810.00K | 681.00K | 19.00K | 19.00K |
| Total Liabilities | 1.20M | 1.41M | 1.98M | 1.36M | 1.54M |
| Stockholders Equity | 3.12M | 1.60M | 5.87M | 7.06M | 4.52M |
Cash Flow | |||||
| Free Cash Flow | -4.56M | -4.77M | -7.03M | -5.88M | -6.36M |
| Operating Cash Flow | -4.49M | -4.70M | -6.97M | -5.82M | -6.35M |
| Investing Cash Flow | -5.00K | -79.00K | 5.24M | -5.37M | 183.00K |
| Financing Cash Flow | 5.71M | -105.00K | 5.71M | 8.52M | 5.67M |
Xeros Technology Technical Analysis
Xeros Technology Peers Comparison
Xeros Technology Corporate Events
Xeros Technology Group plc, a UK-based company, has announced a change in its voting rights structure due to an acquisition or disposal of voting rights and financial instruments by Spreadex LTD. This adjustment has resulted in a decrease in the total percentage of voting rights held by Spreadex LTD from 6.9786% to 5.8269%. This change reflects a shift in the company’s shareholder composition, which could impact its strategic decisions and shareholder influence.
Xeros Technology Group plc announced that all resolutions at their Annual General Meeting were passed, including the re-election of directors and authorizations related to shares and auditor appointments. This outcome supports the company’s strategic direction and operational stability, reinforcing its commitment to reducing the environmental impact of the clothing industry through its innovative technologies.
Xeros Technology Group plc has announced a correction to the nominal value of its Ordinary Shares to 0.1 pence each in its recent application for a block listing on the London Stock Exchange. The block listing includes 5,000,000 ordinary shares, with 3,750,000 shares under the Enterprise Management Incentive Scheme and 1,250,000 under the unapproved share option scheme. The admission of these shares is expected to be effective around 6 June 2025, and they will be allotted in line with the company’s share option plans. This move is part of Xeros’ broader strategy to leverage its innovative technologies that reduce the environmental impact of clothing production, thereby strengthening its market position and offering potential benefits to stakeholders.
Xeros Technology Group plc has applied for a block listing of 5,000,000 ordinary shares on the London Stock Exchange, with shares allocated under its Enterprise Management Incentive Scheme and unapproved share option scheme. This move is expected to enhance the company’s financial flexibility and support its ongoing initiatives in reducing the environmental impact of clothing production. The admission of these shares is anticipated to be effective around 6 June 2025, aligning with Xeros’ strategy to leverage its patented technologies in addressing environmental challenges in the garment industry.
Xeros Technology Group plc has announced a change in its major holdings, with Spreadex LTD acquiring or disposing of voting rights and financial instruments. This adjustment in holdings, which saw a slight decrease in the total percentage of voting rights from 7.0362% to 6.9786%, reflects a shift in the company’s shareholder structure, potentially impacting its governance and strategic decisions.
Xeros Technology Group plc has announced a change in its voting rights structure following an acquisition or disposal by First Equity Limited. The company’s voting rights held by First Equity Limited have decreased from 3.946713% to 2.736772%. This adjustment in voting rights may impact the company’s governance and influence within its shareholder base.
Xeros Technology Group plc has announced a change in its voting rights structure following an acquisition or disposal of financial instruments by Spreadex LTD. The transaction resulted in Spreadex holding a total of 7.0362% of the voting rights in Xeros, marking an increase from the previous 6.9883%. This adjustment in voting rights could influence the company’s decision-making processes and impact its strategic direction.
Xeros Technology Group plc announced the scheduling of its Annual General Meeting for June 19, 2025, and the distribution of its Annual Report to shareholders. The company’s innovative technologies are positioned to significantly reduce the environmental impact of the clothing industry, aligning with increasing regulatory and consumer pressures for sustainable practices. Xeros’ business model, which includes licensing and royalties, is supported by eight current agreements and targets substantial market opportunities in its key technology areas.
Xeros Technology Group plc has announced its full year results for 2024, highlighting a shift from development to commercial agreements. Key developments include the upcoming launch of their IFB domestic washing machine in India and a major launch with Yilmak Makina for garment finishing technology. The company has also secured a partnership with Russell Hobbs for their XF3 pilot production and is progressing with technical verifications for potential Joint Development Agreements. Despite a slight revenue decline, Xeros has reduced its EBITDA loss and cash outflow, with breakeven in sight for 2025. These advancements position Xeros as a significant player in sustainable laundry technology, with potential for global adoption.