Xeros: Rotherham washing machine tech firm's results to miss market expectations
A pioneering Yorkshire firm seeking to make the world’s washing machines and jeans more eco-friendly says sales figures for last year will be “below market expectations” due to a shipment issue and delays in revenue recognition.
Rotherham-based Xeros Technology Group has issued a trading update for the 2025 financial year ahead of the full results being published in May.
Xeros’s product range includes ‘XOrbs’ which are patented polymer spheres – effectively nylon beads – that are placed placed into washing machines alongside clothing to reduce water and energy usage in a cycle. XOrbs can also be used to help manufacture jeans as an alternative to the pumice used in stone-washed jeans that come at an environmental cost as pumice rapidly breaks down.
The company said its expected results had been impacted by the fact that some XOrbs had not been shipped to Turkish partner Yilmak as anticipated, while Yilmak’s sale of a Xeros-enabled machine to Pakistan-based jeans manufacturer Ambition Apparel.
The statement said: “Revenue for the year ended 31 December 2025 will come in below market expectations.
"This is for two reasons: a second batch of XOrbs to Yilmak did not ship before the year end as had been anticipated; and as the group's commercial agreements mature, revenue recognition is becoming more complex, as a result revenues from Yilmak's initial machine sale to Ambition Apparel, alongside an early milestone payment on the recent Laundry Care Launch Agreement will now fall into FY26.”
Xeros said the machine has been delivered to Ambition Apparel and it expects further positive developments.
It said: “On conclusion of commissioning and initial production runs we expect Ambition Apparel, which is a prominent Pakistan-based manufacturer producing over nine million pairs of jeans a year, to place orders for further machines for delivery this year. Yilmak is also in the process of finalising machines for deliveries to sites in Turkey, Egypt and Bangladesh.
“These installations, once in full production, will provide real-world proof points of the benefits of Xeros' technology and feed into discussions we are having with a number of leading garment retail brands, who have shown interest in a possible brand partnership, that would see their jeans marketed as having been made using Xeros' Technology.”
The company also reported “excellent progression” on a launch agreement signed with one of the world's largest, branded washing machine manufacturers.
It said of the deal with the unnamed company: “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.”
It said three other major firms are currently involved in a technical verification process and “we continue to anticipate further significant commercial agreements in Laundry Care within 2026”.