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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 | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 147.00K | 161.00K | 297.00K | 164.00K | 474.00K | 385.00K |
| Gross Profit | -19.00K | 139.00K | 94.00K | 84.00K | 281.00K | -49.00K |
| EBITDA | -3.69M | -4.48M | -4.58M | -7.27M | -6.73M | -7.41M |
| Net Income | -3.67M | -4.49M | -4.25M | -6.93M | -6.44M | -6.93M |
Balance Sheet | ||||||
| Total Assets | 2.56M | 4.32M | 3.01M | 7.85M | 8.42M | 6.06M |
| Cash, Cash Equivalents and Short-Term Investments | 1.21M | 2.81M | 1.60M | 6.47M | 7.81M | 5.16M |
| Total Debt | 602.00K | 646.00K | 810.00K | 681.00K | 19.00K | 19.00K |
| Total Liabilities | 1.11M | 1.20M | 1.41M | 1.98M | 1.36M | 1.54M |
| Stockholders Equity | 1.46M | 3.12M | 1.60M | 5.87M | 7.06M | 4.52M |
Cash Flow | ||||||
| Free Cash Flow | -3.43M | -4.56M | -4.77M | -7.03M | -5.88M | -6.36M |
| Operating Cash Flow | -3.37M | -4.49M | -4.70M | -6.97M | -5.82M | -6.35M |
| Investing Cash Flow | -60.00K | -5.00K | -79.00K | 5.24M | -5.37M | 183.00K |
| Financing Cash Flow | -74.00K | 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 announced the successful passing of resolutions at its General Meeting, paving the way for its Placing, Subscriptions, and Retail Offer to proceed, contingent on the Placing Agreement becoming unconditional. This development, expected to finalize by December 1, 2025, includes significant participation from board members, indicating strong internal confidence and potential positive implications for the company’s market positioning.
Xeros Technology Group plc has successfully closed its Follow-On Subscription, raising approximately £1.95 million through the issuance of 111,382,871 new ordinary shares. This brings the total funds raised to £5.95 million, contingent on the approval of resolutions at the upcoming General Meeting. The new shares are expected to be admitted for trading on 1 December 2025, enhancing the company’s financial position and potentially strengthening its market presence.
Xeros Technology Group plc has successfully closed its Retail Offer, raising approximately £1.0 million through the issuance of 57,142,857 Retail Offer Shares at a price of 1.75 pence each. The offer was oversubscribed, with allocations made to existing shareholders based on soft pre-emption principles. The new shares are expected to be admitted to the London Stock Exchange on 1 December 2025, pending shareholder approval at the upcoming General Meeting.
Xeros Technology Group plc has successfully raised approximately £3.0 million through a Placing and Initial Subscription of new ordinary shares, with the potential to raise an additional £3.0 million through a Follow-On Subscription and Retail Offer. This fundraising effort is aimed at enhancing the company’s financial position and supporting its strategic initiatives, subject to shareholder approval at the upcoming General Meeting. The participation of key stakeholders, including directors and substantial shareholders, highlights confidence in the company’s future prospects.
Xeros Technology Group plc has announced a retail offer of new ordinary shares at a discounted price to strengthen its balance sheet, support contract execution, and advance the commercialization of its technologies. The proceeds will also provide working capital and enable the company to scale operations and explore new market opportunities, enhancing its industry positioning and offering reassurance to stakeholders.
Xeros Technology Group plc has announced a fundraising initiative to generate up to £6 million through a combination of placing, subscriptions, and a retail offer. The funds will be used to strengthen the company’s balance sheet, support the commercialization of its core technologies, and provide working capital. This move is expected to bolster Xeros’ market position and facilitate the global adoption of its environmentally friendly technologies. The fundraising is conditional on shareholder approval and the admission of new shares to trading on AIM.
Xeros Technology Group plc has announced a significant launch agreement with a leading global washing machine manufacturer to develop a domestic washing machine incorporating Xeros’ Laundry Care technology. This agreement marks a pivotal moment for Xeros, as it aims to mass-produce washing machines under the manufacturer’s brand, with Xeros’ Product Certification Mark included. The agreement is expected to complete within 12-18 months and will generate revenue through royalties and the sale of XOrbs. Xeros anticipates similar agreements with other manufacturers, which could further solidify its position in the market.
Xeros Technology Group plc announced an upcoming online presentation and Q&A session for investors, following their interim results announcement. The company, known for its environmentally friendly technologies in the clothing industry, aims to engage investors and stakeholders through this session, highlighting their efforts to reduce environmental pollution and improve efficiency in garment care. This initiative underscores Xeros’ commitment to addressing environmental concerns and strengthening its market position.
Xeros Technology Group plc announced its interim results for the first half of 2025, highlighting initial sales from its denim processing partner Yilmak and new agreements that underscore the growing traction of its technologies. The company secured significant partnerships, including a launch plan with a European retailer and a global appliance company for its microfibre filtration unit, and a letter of intent with a Chinese appliance manufacturer for its integrated microfibre filter. Despite some delays affecting revenue, Xeros is optimistic about its commercial agreements and the potential for its technologies to revolutionize the laundry and fashion industries by reducing environmental impacts and improving efficiency.