Xeros Technology Group plc (XRTEF)
Xeros Technology Group plc operates in the Industrial - Machinery industry of the Industrials sector, headquartered in Rotherham, GB. The stock last traded at $1.62, up 0.00% on the session, giving a market capitalisation of $244.6M. On trailing twelve-month figures it carries a trailing P/E of -0.02, a net margin of -1411.2%. Its beta of 0.72 implies it has historically moved less than the broad market.
Xeros Technology Group plc specializes in the development and commercialization of advanced polymer-based technologies, with a presence spanning Europe, North America, and other international regions. The company's core mission involves pioneering polymer solutions designed as environmentally friendlier alternatives to traditional water-intensive methods. These innovations significantly cut down on water usage, reduce energy consumption, and curtail microplastic pollution in applications ranging from textile and apparel manufacturing to both industrial and domestic laundry processes. Key products include XOrbs, a reusable polymer bead technology that replaces abrasive pumice, thereby saving water, energy, and chemicals when washing and caring for clothes in commercial and household machines. The XDrum system complements XOrbs by facilitating their collection and storage. Furthermore, Xeros offers XFilter, a washing machine filtration system engineered to prevent harmful microfibers from entering rivers and oceans. Initially incorporated in 2013 as Hamsard 3323 Limited, the company rebranded to Xeros Technology Group plc in March 2014 and is headquartered in Rotherham, United Kingdom.
Xeros Technology Group plc is most often compared with the following Industrials names: