Xaar plc (XAR) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon and welcome to the ZAR PLC investor presentation. Throughout this recorded presentation, investors will be in listen-only mode. Questions are encouraged and can be submitted at any time via the Q&A tab situated on the right-hand corner of your screen. Simply type in your questions and press send. The company may not be in a position to answer every question it receives during the meeting itself. However, the company can review all questions submitted today and publish responses when it's appropriate to do so. Before we begin, I'd like to submit the following poll. I'd now like to hand over to John Mills, CEO. Good afternoon, sir. Hi, thank you very much. And first of all, thank you everybody for taking the time to come along and listen to the story of Zaar. For some people who will have known Zaar from old, I just wanted to quickly run through some of the history and some of the things that would have characterised Zaar historically and hopefully how Zaar today contrasts with that. If you go back to 2013, Zaar was a FTSE 250 company, had 140 million of revenue, made 42 million profit. market cap of around about a billion dollars, but it was effectively a single product into a single market, and that was ceramics. And that market, they lost that market for various reasons and left the company really with no other revenue streams. And over the last decade, it's really been recovering from that situation. In contrast today, I've been with the company now for six years and we've really focused on making sure that we have a broad portfolio of applications based around a value proposition which is unique to SAR. And really what I would like you to take away with today is really two things. Firstly, that we have a unique capability to print fluids that no one...