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XSG Xeros Technology Group Plc

1.30
-0.125 (-8.77%)
12 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Xeros Technology Group Plc LSE:XSG London Ordinary Share GB00BMGYBJ57 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.125 -8.77% 1.30 1.25 1.35 1.425 1.25 1.43 3,906,125 14:20:02
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Industrial Patterns 164k -6.93M -0.0459 -0.28 1.96M
Xeros Technology Group Plc is listed in the Industrial Patterns sector of the London Stock Exchange with ticker XSG. The last closing price for Xeros Technology was 1.43p. Over the last year, Xeros Technology shares have traded in a share price range of 1.25p to 4.40p.

Xeros Technology currently has 150,982,535 shares in issue. The market capitalisation of Xeros Technology is £1.96 million. Xeros Technology has a price to earnings ratio (PE ratio) of -0.28.

Xeros Technology Share Discussion Threads

Showing 3326 to 3347 of 3450 messages
Chat Pages: 138  137  136  135  134  133  132  131  130  129  128  127  Older
DateSubjectAuthorDiscuss
28/4/2023
10:27
A good question for the AGM might be when are they going to sell anything to justify the huge salaries of this Lifestyle company?
jpuff
24/4/2023
21:07
How does it capture micro fibres when the unit is installed inside the detergent drawer, as per video ?
1pencil
24/4/2023
20:49
Video from Thursday's Proactive investor event now available:
timbo003
19/4/2023
20:17
Just look at the last 4 years and what XSG have come up with its all rubbish, it's just a lifestyle company constantly trying to shaft new investors, the directors should be locked up.
beerboy02
18/4/2023
17:54
I wonder how much longer it can survive? Given no (paltry) revenues?
jpuff
18/4/2023
15:21
Problem numero uno are admin expenses. By end of 2023 another fundraising will be required.
marmar80
18/4/2023
12:37
890,000k mkt cap ...200,000k rev, profit forget it ...buying the revenue ...pointless
amanitaangelicus
18/4/2023
08:52
As I said, still dropping like a stone
jpuff
18/4/2023
08:06
Morning sweet cheeks, any fantasy shorts on this one, huh?
orkneyarab
18/4/2023
08:03
200k revenue? Flip me...money extraction scheme in operation ...only mugs need apply.
amanitaangelicus
18/4/2023
07:20
“Solid progress” huh.

I’d hate to see what not doing well looked like with these clowns. Revenue down. Losses up. Admin costs up. Cash draining out of the business.

Financial summary

· Revenue of £0.2m (2021: £0.5m).

· Adjusted EBITDA1 loss of £7.4m (2021: loss £6.3m).

· Administrative expenses of £7.5m (2021: £7.2m).

· Net cash outflow from operations increased by 19.7% to £7.0m (2021: £5.8m). Cash at 31 March 2023 £4.5m.

· Delays in domestic Care launch affect forward looking revenue mix across 2023 and 2024, with revenue lower than previously forecast.

terminator101
14/4/2023
10:19
Results next Tuesday and Investor Meet presentation next Thursday.

Good opportunities to spell out the huge potential with the new distribution agreements.

someuwin
13/4/2023
15:58
Actually, market cap is roughly £6m. Which I think could yet prove to be an absolute bargain.
someuwin
21/3/2023
13:17
Na still dropping like a stone
jpuff
20/3/2023
12:15
is this worth a punt now? Market cap £1m (is that correct?) with license agreements to supply many of the biggest washing machine makers. Will they get to break even before another fund raise?
davemac3
20/3/2023
07:15
20 March 2023

Xeros Technology Group plc

('Xeros' or the 'Company' or the 'Group')

Third Global Domestic XFilter Licensing Agreement

Xeros Technology Group plc (AIM: XSG), the creator of technologies that reduce the impact of clothing on the planet, today announces the signing of a third licensing agreement for its XFilter filtration technology with another global component manufacturer, ('the Partner' or 'Manufacturer').

Following the announcements of signed agreements with Hanning in June 2022, and a second supplier announced earlier this month, this third agreement further increases Xeros' market access, with the potential to deliver substantial revenues over the term of the license. Under the terms of the 10-year, non-exclusive agreement, the Partner is licensed to manufacture and sell filters incorporating Xeros' proprietary XFilter technology on a global basis. As with the first two agreements Xeros will receive a royalty per filter device sold by the Partner.

The Manufacturer, headquartered in Northern Europe with production facilities across the US, Asia, and Europe, is a significant supplier of home appliance components alongside waste management solutions with annual turnover of c.€180m. The Partner supplies components for the world's largest domestic washing machine manufacturers, with a high proportion of its customers, including Haier, Midea, LG, Panasonic, Samsung and Whirlpool, operating across the US and Asia markets.

The XFilter filtration technology enables washing machine manufacturers to provide consumers with the ability to capture, and easily and safely dispose of, over 90% of microfibres, including microplastics released during laundry cycles. The filters are built into the washing machine and are designed to last the life of a machine.

Legislation in France requiring the fitting of microfibre filters in all domestic washing machines will come into effect on 1 January 2025. Similar legislation is in development in the UK, California, and the EU.

Neil Austin, Chief Executive Officer of Xeros, said:

"We are very pleased to announce another licensing agreement in such quick succession.

"The fact that three of Europe's leading component suppliers have chosen to partner with Xeros clearly demonstrates that Xeros' XFilter technology is widely regarded and believed in by multiple manufacturers."

"We look forward to updating the market in due course and to working alongside our new partners."

someuwin
10/3/2023
13:07
Hopeful thinking
jpuff
10/3/2023
12:33
Nonsense. Only a matter of time before licensing deals start generating cash. MMS probably keeping the price down to discourage pi's
wheeze
10/3/2023
12:23
Bad call, on the way down again! Can it get to zero? What what is under Woodford days? Thirty quid?
jpuff
09/3/2023
09:12
Surely must be good value now with this huge license win. Especially as you can currently buy at the placing price of 5p.
someuwin
02/3/2023
23:34
The usp is waterless washing machines, afaik, not just microfibre. No idea what it's worth, just a punt. Sucker share!
safety_john
08/2/2023
17:50
Current Director Holding post September 2022 equity raise

Still not that much skin in the game, the Directors nibbled a bit in the fundraise, but it would have been better to have seen them do more.

timbo003
Chat Pages: 138  137  136  135  134  133  132  131  130  129  128  127  Older

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