Xeros Technology

Xeros has developed a patented polymer bead cleaning system with multiple identified potential commercial applications. The Group has targeted the commercial laundry market and has begun the roll-out of 25kg capacity washing machines which exclusively use Xeros' patented polymer bead cleaning system. In trials with customers, this system has been shown to achieve superior cleaning performance as well as material reductions in water, energy and chemical usages compared to conventional commercial laundry methods. The Xeros proprietary polymer bead cleaning system also reduces the carbon footprint of the entire laundry process. In addition to the commercial laundry market, the Group's polymer bead technology has a range of potential applications in other industries including domestic laundry, leather processing, garment finishing and metal cleaning. The Group is currently in various stages of development and preparation for commercialisation of other identified applications, the most advanced of which is domestic laundry
Type
Public
HQ
Catcliffe, GB
Founded
2006
Size (employees)
65 (est)
Xeros Technology was founded in 2006 and is headquartered in Catcliffe, GB

Xeros Technology Office Locations

Xeros Technology has offices in Catcliffe and Manchester
Catcliffe, GB (HQ)
Unit 2 Evolution, Advanced Manufacturing Park, Whittle Way
Manchester, US
4002a Waumbec Mill 250 Commercial St

Xeros Technology Financials and Metrics

Xeros Technology Financials

Xeros Technology's revenue was reported to be £3.8 m in FY, 2016 which is a 110% increase from the previous period.
GBP

Revenue (FY, 2016)

3.8 m

Gross profit (FY, 2016)

386.7 k

Gross profit margin (FY, 2016), %

10%

Net income (FY, 2016)

(7.9 m)

EBITDA (FY, 2016)

(9.7 m)

EBIT (FY, 2016)

(9.9 m)

Market capitalization (31-Oct-2017)

198.4 m

Closing share price (31-Oct-2017)

2.3

Cash (31-Dec-2016)

13.2 m
Xeros Technology's current market capitalization is £198.4 m.
GBPFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

64.7 k780.9 k1.8 m3.8 m

Revenue growth, %

380%49%

Cost of goods sold

52.7 k720.4 k1.6 m3.4 m

Gross profit

12 k60.4 k154.3 k386.7 k
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

19.9 k284.3 k456.5 k472 k1.4 m1.6 m2.4 m19.8 m7.6 m13.2 m

Accounts Receivable

3814 k56.7 k46.8 k34.1 k244.4 k2.5 k22.6 k54.5 k

Inventories

62.9 k364.8 k500.6 k991.5 k

Current Assets

20 k298.3 k513.2 k518.8 k1.4 m1.8 m8.8 m22.4 m13 m45.6 m
    GBPFY, 2013FY, 2014FY, 2015FY, 2016

    Net Income

    (3.2 m)(5.3 m)(6.7 m)(7.9 m)

    Income Taxes Paid

    165.7 k283.3 k471.9 k
      Y, 2016

      Financial Leverage

      -4.7 x
      Show all financial metrics

      Xeros Technology Market Value History

      Xeros Technology's Web-traffic and Trends

      Xeros Technology Online and Social Media Presence

      Xeros Technology Company Life and Culture

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