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 Data and Metrics

Xeros Technology Financial Metrics

Xeros Technology's revenue was reported to be £466 k in FY, 2015 which is a 49% increase from the previous period.
Numbers are in £, GBP

Revenue (FY, 2015)

466 k

Revenue growth (FY, 2014 - FY, 2015), %

49%

Gross profit (FY, 2015)

67 k

Gross profit margin (FY, 2015), %

14%

Net income (FY, 2015)

(6.7 m)

Market capitalization (23-May-2017)

266.9 m

Closing share price (23-May-2017)

3.1

Cash (31-Jul-2015)

7.6 m
Xeros Technology's current market capitalization is £266.9 m.
Numbers are in £, GBPFY, 2013FY, 2014FY, 2015

Revenue

65 k312 k466 k

Revenue growth, %

380%49%

Cost of goods sold

53 k294 k399 k

Gross profit

12 k18 k67 k

Gross profit Margin, %

18%6%14%

Operating expense total

3.5 m6.8 m10.9 m

Pre tax profit

(3.4 m)(5.6 m)(7.1 m)

Net Income

(3.2 m)(5.3 m)(6.7 m)
Numbers are in £, GBPFY, 2013FY, 2014FY, 2015

Cash

2.4 m19.8 m7.6 m

Accounts Receivable

2.5 k12.4 k

Current Assets

8.8 m22.4 m13 m

PP&E

175 k1.4 m4.3 m

Total Assets

9 m23.8 m17.3 m

Accounts Payable

179.6 k345.8 k207.3 k

Current Liabilities

421.9 k20.4 m20.3 m

Retained Earnings

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

Total Equity

8.5 m3.4 m(3 m)

Financial Leverage

1.1 x7 x-5.8 x
Numbers are in £, GBPFY, 2013FY, 2014FY, 2015

Income Taxes Paid

165.7 k283.3 k471.9 k
Y, 2015

Financial Leverage

-5.8 x

Xeros Technology Market Value History

Xeros Technology Online and Social Media Presence

Xeros Technology News and Updates

Xeros Technology Company Life and Culture

You may also be interested in