Xeros Technology Group plc
XRTEF
Other OTC1.62
USD
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- -
Return %
Stock
S&P500
1Y
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26.57
3Y
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76.60
5Y
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78.48
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Neil Austin
- Full Time Employees
- 47
- Sector
- Industrials
- Industry
- Industrial - Machinery
- Address
- Advanced Manufacturing Park Rotherham United Kingdom S60 5BL
- IPO Date
- Nov 4, 2019
- Website
- xerostech.com
- Similar Companies
- Business
- Xeros Technology Group plc develops patented sustainable laundry technologies that minimize the environmental impact of garment manufacturing and care processes. The company offers three core platforms: the Laundry Care System, utilizing reusable XOrbs to reduce water, energy, and detergent usage while extending garment lifespans by over 100 percent; the Microfibre Pollution Filter, capturing up to 99 percent of microplastics from laundry effluent for both domestic and industrial applications; and the Garment Finishing System, which cuts water, energy, enzymes, and pumice in denim processing and wet finishing. Xeros generates revenue through licensing agreements, royalties on machines incorporating its intellectual property, and sales of consumables such as XOrbs; it maintains eight active licensing deals with manufacturers of garment processing equipment and washing machine components, targeting industrial laundries, garment producers, domestic washing machine OEMs, and consumers. Founded in 2013 and headquartered in Rotherham, UK, the company operates globally with partnerships spanning Europe, North America, Latin America, India, and other water-stressed regions. Recent developments include a breakthrough launch agreement in November 2025 with a top-ten global washing machine brand selling seven million units annually, primarily in North and Latin America, to co-develop and certify a domestic Laundry Care machine featuring XDrum and XOrbs technology; a October 2024 fundraising of up to 5.5 million pounds via placing, subscription, and retail offer to support commercialization; ongoing tech verification and joint venture discussions with four top global washing machine makers; progression toward first royalty income from partners like IFB Industries in India, Ecoprod in the UK, and KRM Tekstil for XFN denim finishing; and a recent 3 million pound share placement in 2025 ahead of shareholder approval.