Xeros Technology Group Plc · LSE:XSG
Xeros Technology — FY2024 Earnings Presentation
24 slides from Xeros Technology's earnings presentation, May 2025
Slide 1: 2024 Annual Results: May 2025
2024 ANNUAL RESULTS : MAY 2025 DATE: PRESENTED BY: VERSION: JANUARY 2025 NEIL AUSTIN AND ALEX TRISTRAM 1 PAGE
Slide 2: Xeros Technology
XEROS TECHNOLOGY The fashion industry is responsible for 10% of global C02 emissions, 92m tons of waste, and 20% of water pollution. 35% of microplastics in the ocean come from our washing machines. There is increasing pressure from regulators to reduce this environmental impact. There is a growing
Slide 3: The Problem
THE PROBLEM FAST FASHION LACK OF LAUNDRY INNOVATION The washing machine industry is 60% We are more clothing than 15 years ago. buying Most going to Landfill! unable to break the link between clean clothes and garment damage The fashion Industry is under extreme pressure from legislation and regulat
Slide 4: The Solution: The Power of XOrbs
THE SOLUTION THE POWER OF XORBS By introducing a new element to the wash process we have created... ‘The Future of Laundry’ XOrbs, our patented reusable polymer spheres, gently increase mechanical action, improve chemical efficiency, wash performance and protect clothing from harsh fabric on fabric
Slide 5: Commercialisation of Our Technology
COMMERCIALISATION OF OUR TECHNOLOGY XEROS TECHNOLOGY GROUP PLC MAY 25 2024 ANNUAL RESULTS PAGE 5
Slide 6: Multiple Applications
MULTIPLE APPLICATIONS SIGNIFICANT INDUSTRIES IN PLAY Domestic Laundry Commercial Laundry Garment Manufacture Market size $117bn Market size $61bn Market size $4.2bn Washing machines for use in home Washing machines for use in hospitality, Final stage ‘wash’ for all garment leisure, healthcare, etc.
Slide 7: Domestic Laundry
DOMESTIC LAUNDRY EXTENSION TO GARMENT LIFE XEROS TECHNOLOGIES XEROS TECHNOLOGY GROUP PLC MAY 25 2024 ANNUAL RESULTS PAGE 7
Slide 8: Domestic Laundry
DOMESTIC LAUNDRY Global opportunity - 100 million units per annum Offering fabric care benefits whilst using lower water, energy & chemical usage = lower operating costs Indian market leader IFB to launch this year … XOrb orders in hand to facilitate Paid for tech verification process with European
Slide 9: Commercial Laundry
COMMERCIAL LAUNDRY LESS WATER LESS ENERGY LESS CHEMICALS “we are proud to introduce an environmentally friendly Global opportunity - 1 million units per annum washing machine that allows us Technology proven in ‘workwear’ with some of the World's largest companies to… significantly reduce resource c
Slide 10: Garment Manufacture
GARMENT MANUFACTURE LESS PUMICE LESS WATER LESS CHEMICALS & ENERGY Global opportunity – 10,000 units per annum 2 x Live licensees (including Industry leader) Yilmak On track for Major Launch in 2025 XOrb orders in hand to facilitate 3 x Major garment brand / retailers ready to adopt technology Marke
Slide 11: Microfibre Filtration
MICROFIBRE FILTRATION XEROS SOLUTION… Launching Summer 2025 Distribution agreed or in negotiation in EXTERNAL MICROFIBRE FILTER - XF3 USA UK EU5 CHINA KOREA JAPAN CONSUMER INSIGHT MICROFIBRE FILTRATION 100m of respondents Interested in units pa product that tackles microplastics1 35% of microplastic
Slide 12: Microfibre Filtration
MICROFIBRE FILTRATION EXTERNAL FILTER TO LAUNCH H2 Russell Hobbs named as first partner brand… Owned by Spectrum Brand and distributed by Product Care Group On track to be on sale in UK’s largest retailers Autumn 2025 Also to be offered as washing machine installation attachment In negotiations with
Slide 13: Strategy & Opportunity
STRATEGY & OPPORTUNITY XEROS TECHNOLOGY MAY 25 2024 ANNUAL RESULTS PAGE 13
Slide 14: Strategy Roadmap
STRATEGY ROADMAP TODAY MID TERM LONG TERM Commercial Laundry 2nd / 3rd Domestic Laundry Domestic Laundry 1st Domestic Laundry ‘Case Study’ in France Global Brand JDA Distribution in Asia Global Brand JDA Commercial Laundry Domestic Laundry Domestic Laundry licensees in India & Distribution in Europe
Slide 15: Summary and Outlook
SUMMARY AND OUTLOOK XEROS TECHNOLOGY MAY 25 2024 ANNUAL RESULTS PAGE 16
Slide 16: 2025 Progress and Outlook
2025 PROGRESS AND OUTLOOK Xeros has progressed from ‘development’ to live commercial agreements… IFB Domestic Laundry CARE Commercially active XOrb orders received for launch in Indian market Revenues from royalties on unit sales and Xorbs Paid for tech verification agreement on Laundry CARE technol
Slide 17: 2025 Progress and Outlook
2025 PROGRESS AND OUTLOOK Xeros has progressed from ‘development’ to live commercial agreements… XEROS TECHNOLOGY GROUP PLC MAY 25 2024 ANNUAL RESULTS PAGE 18
Slide 18: Financial Summary
FINANCIAL SUMMARY Revenue decrease of 46% to £0.2m (2023: £0.3m) As a result of stages of ongoing contracts and timing of orders Adjusted EBITDA* loss reduced by 5% to £4.4m (2023: loss £4.6m) Ongoing cost control Administrative expenses decreased by 5% to £4.7m (2023: £5.0m) Focus on core commercia
Slide 19: Investment Case
INVESTMENT CASE Market leading technology built by experts in the field Market ready, commercial agreements in place, launching 2025 Lean, highly profitable business model Global market growth driven by environmental initiatives and new legislation Significant IP, in 38 patent families MAY 25 2024 A
Slide 20: Thank You and Questions
THANK YOU AND QUESTIONS DATE: DESCRIPTION: VERSION XEROS TECHNOLOGY GROUP PLC MAY 25 ANNUAL RESULTS : #01
Slide 21: Appendices
APPENDICES XEROS TECHNOLOGY GROUP PLC MAY 25 2024 ANNUAL RESULTS PAGE 22
Slide 22: Profit and Loss
PROFIT AND LOSS Year ended 31 Year ended 31 December 2024 December 2023 £’000 £’000 REVENUE 161 297 Cost of Sales (22) (52) GROSS PROFIT 139 245 Administrative expenses (4,830) (4,982) Adjusted EBITDA* (4,365) (4,606) Share-based payment expense (175) 20 Depreciation of tangible fixed assets (151) (
Slide 23: Cash Flow & Financing – Operating Activities
CASH FLOW & FINANCING – OPERATING ACTIVITIES Year ended 31 Year ended 31 December 2024 December 2023 £’000 £’000 OPERATING ACTIVITIES Loss before tax (4,624) (4,775) Adjustment for non-cash items: 151 151 Depreciation of property, plant and equipment 89 (20) Share-based payment Finance income (59) (
Slide 24: Cash Flow & Financing – Investing Activities
CASH FLOW & FINANCING – INVESTING ACTIVITIES Year ended 31 Year ended 31 December 2024 December 2023 £’000 £’000 INVESTING ACTIVITIES Finance income 59 1 Finance expense (36) (39) Purchases of property, plant and equipment (68) (79) 4 - Sales of property, plant and equipment NET CASH INFLOW/(OUTFLOW
Xeros Technology Group — FY2024 Earnings Presentation on 6ix