Xeros Technology Share Discussion Threads

[wheeze] 28/5/2024 06:16

Key financials ·Revenue increased 81% to £0.3m (FY22: £0.02m) - as a result of increased licensing revenue and sales of XOrbs·The increase in revenue from high margin licensing, has driven an increase in gross profit in the period to £0.2m (2022: £0.1m), an increase of 81.1%, resulting in an overall gross margin of 82.5% (2022: 51.2%).·The Group decreased its adjusted EBITDA loss by 37.9% to £4.6m (2022: loss £7.4m)·Administrative expenses decreased by 34.1% to £5.0m (2022: £7.5m), following a reduction in the Group's headcount and a continued focus on cost across the business·Net cash outflow from operations decreased by 33.2% to £4.7m (2022: £7.0m) as a result of the Group's overall cost reduction

[wheeze] 24/5/2024 09:44

Significant stake building going on by large funds. Strange when this company is worth nothing according to some. lol

[davemac3] 03/5/2024 07:35

Looks like Xeros are paying Amati to keep an eye on them

[wheeze] 27/4/2024 07:26

Covering a short position in anticipation of a move up ?

[wheeze] 26/4/2024 18:57

Premier Milton Group have increased to 7.5%

[davemac3] 26/4/2024 15:23

so Amati have just bought 12.8% of the company. Not sure whether that is good or bad based on Amati's recent track record!

[slicethepie] 19/4/2024 12:37

Probably less than in your trousers!

[furenstaurus] 16/4/2024 11:19

At year end 2022 in the audited accounts running shareholders deficit was £ 115,366,244 ..9 figures..Will be even higher now of course.

[furenstaurus] 16/4/2024 11:16

9 figures , excuse me for underestimating the amount of cash Xeros have peed up the wall.Lol.

[timbo003] 16/4/2024 09:31

>>>>WorldQuant/FurensTaurus (and all your other monikers)

How much have they spent? You don't know do you.

"hundreds of millions" or "well into eight figures"? There is an order of magnitude difference in those two estimates

[wheeze] 16/4/2024 09:30

The Board conservatively estimate Xeros' Core Technologies, based on current agreements in-place with license and development partners, to provide an addressable global market opportunity of c£40m-£50m pa in revenue terms to Xeros in the medium term, though believe the Company is now at an important inflection point whereby the route to nearer-term meaningful revenue is clear, with a number of the Company's commercial partners now believed to be close to commercial-scale roll-out of machinery containing some element of Xeros' IP.

[worldquant] 16/4/2024 08:28

Is this the 4th 5th 6th money raise in the past 12 years, by this company?Whilst having never made a penny profit and spent well into 8 figures of shareholders money without any return? . The company is a hoax... They have spent 100's of millions over 10+ years all raised from a series of placings, and never remotely will they ever make £1 profit.Ever.All retail that take these issues are doing as they have done for years is fund huge directors benefits salaries.

[wheeze] 15/4/2024 21:55

Companies which are perceived to be failing attract spread betters like flies to a dead rat. They see easy money. They do not understand the potential of some of their targets and overreach. Versarien's ip alone probably worth more than current market cap imho.

[slicethepie] 15/4/2024 20:30

They all seem to have an interest in gkp as well suggests one saddo with multiple logins?

[wheeze] 15/4/2024 14:17

I just love it when people come on this board with comments such as 'this company is a hoax' and worth zero - so exquisitely lazy really. If you are going to run down a company, do it properly and formulate your thought processes and arguments if you have any. Xeros has been very transparent with their shift to a licensing model. Their contracts have been RNSed and they have excellent intellectual property. In addition they have successfully raised near five million in cash much to the disgust of the spread betting vultures waiting to feed on its carcass. Not going bust just yet. lol

[worldquant] 15/4/2024 11:50

The company is a hoax... They have spent 100's of millions over 10+ years all raised from a series of placings, and never remotely will they ever make £1 profit.Ever.All retail that take these issues are doing as they have done for years is fund huge directors benefits salaries.

[slicethepie] 15/4/2024 10:27

It's to not too! Also the fact that you can't count beyond 4 or 5 says it all.

[nivison] 12/4/2024 11:29

It’s in the rough definitely but not out of bounds yet. Could chip from off the green. Trevino was arguably the best in the game at that.

[jpuff] 12/4/2024 08:32

Looks like it's heading to a penny

[nivison] 12/4/2024 08:14

it’s a bot. Not even bothering to change the text now. I used to like watching Lee Trevino play golf. Very idiosyncratic swing.

[timbo003] 10/4/2024 09:12

I see the troll is back with a new moniker