Business
Trading Update
Xeros Technology Group plc announced strong progress in its Laundry Care technology with a Launch Agreement partner, anticipating further commercial agreements in 2026, and expects its external Microfibre Filter, XF3, to see its first two purchase orders for production runs imminently. In Garment Finishing, a Xeros-enabled machine has been delivered to Ambition Apparel, with further orders expected this year, alongside installations in Turkey, Egypt, and Bangladesh. While revenue for the year ended 31 December 2025 will be below market expectations due to delayed XOrbs shipment and revenue recognition complexities, with SG&A slightly above expectations due to fundraising and staff costs, the outlook for 2026 remains positive, with revenue primarily from royalties and technology transfer fees. Disclaimer*
About this update from Xeros Technology Group Plc
[{"type":"text","content":"\n\nTHIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION NO. 596/2014 (AS INCORPORATED INTO UK LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED BY VIRTUE OF THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS 2019). UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.\n \n27 January 2026\n \nXeros Technology Group plc\n(\"Xeros,\" the \"Group\" or the \"Company\")\n \nTrading Update\nStrong progress with Launch Agreement and denim processing\n \nXeros Technology Group plc (AIM: XSG), the creator of technologies that reduce the impact of clothing on the planet, announces the following trading update ahead of its results for the year ended 31 December 2025 (\"FY25\"), which will be published in May 2026.\n \nIn the Group's Laundry Care technology, we are pleased to report excellent progression on the Group's breakthrough Launch Agreement signed last year with one of the world's largest, branded washing machine manufacturers. The partner's initial consumer insights surveys have indicated better than expected consumer demand for the benefits of the Xeros technology. This has further strengthened our partner's conviction that our technology is the only real solution to stop the damage to clothes caused in the conventional washing process.\n \nThree other leading global OEMs remain in technical verification, and we continue to anticipate further significant commercial agreements in Laundry Care within 2026.\n \nInterest in our market leading external Microfibre Filter, XF3, shows no signs of abating. With life-time testing now in the rear-view mirror, we are imminently expecting our first two purchase orders for production runs, and expect wider roll-out of these filters to follow in the current year. We look forward to providing updates as these and other material purchase orders arise.\n \nIn the Group's Garment Finishing division, very pleasing progress is being made with Xeros' partnership with Yilmak Makina (\"Yilmak\"). Yilmak's first Xeros enabled machine has been delivered to Ambition Apparel in Pakistan ahead of schedule. On conclusion of commissioning and initial production runs we expect Ambition Apparel, which is a pro...