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, Manchester
Catcliffe, GB (HQ)
Unit 2 Evolution, Advanced Manufacturing Park, Whittle Way
Manchester, US
4002a Waumbec Mill 250 Commercial St

Xeros Technology Metrics

Xeros Technology Financial Metrics

Revenue (2015)

£466 k

Revenue growth (2014-15), %

49%

Gross profit

£67 k

Gross profit margin (2015), %

14%

Market capitalization (21-Mar-2017)

£233.8 m

Closing share price (21-Mar-2017)

£2.8
Xeros Technology's current market capitalization is £233.8 m.
Xeros Technology's revenue was reported to be £466 k in FY, 2015 which is a 49.4% increase from the previous period.
FY, 2013FY, 2014FY, 2015

Revenue

£65 k£312 k£466 k

Revenue growth, %

380%49%

Cost of goods sold

£53 k£294 k£399 k

Gross profit

£12 k£18 k£67 k

Gross profit Margin, %

18%6%14%

Operating expense total

£3.5 m£6.8 m£10.9 m

Xeros Technology Market Value History

Xeros Technology Online Presence

Xeros Technology News

Xeros Technology Company Life

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