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Xeros Technology (XSG) AI Stock Analysis

19 Followers
GB:XSG

Xeros Technology

(LSE:XSG)

Select Model
Rating:42Neutral
Price Target:GBX 0.98â–¼(-4.00% Downside)
Action:reiterated
Date:09/09/26

The score is driven primarily by weak financial performance—deeply negative margins and ongoing cash burn—partly offset by modest leverage. Technical indicators further weigh on the score, with the stock below major moving averages and bearish momentum. Valuation contributes limited support due to negative earnings (negative P/E) and no dividend yield.

Positive Factors
Modest LeverageDebt-to-equity of about 0.10 in 2025, down from about 0.50 in 2023, indicates a comparatively light debt burden and gives the company more flexibility to manage losses or fund development. Higher equity versus 2023–2024 also provides some cushion as commercialization progresses.
Negative Factors
Persistent UnprofitabilityVery low gross margin and deeply negative operating and net margins show that the current revenue base does not yet cover the cost structure. Unless margins improve materially through scale, pricing, or mix, future growth may continue to translate into losses rather than durable earnings.

Xeros Technology (XSG) vs. iShares MSCI United Kingdom ETF (EWC)

-60%-40%-20%0%20%40%GB:XSG-46.05%EWC+19.77%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
GBP 8.83M
Dividend Yield
―
Average Volume (3M)
1.16M
Price to Earnings (P/E)
-0.0
Beta (1Y)
-0.01
Revenue Growth
94.56%
EPS Growth
31.43%
Country
UK
Employees
21
Sector
Industrials
Sector Strength
63
Industry
Industrial - Machinery

Xeros Technology Business Overview & Revenue Model

Company Description

Xeros Technology Group plc, together with its subsidiaries, researches, develops, and commercializes polymer-based technology alternatives to traditional aqueous based technologies in Europe, North America, and internationally. The company offers XOr...

How the Company Makes Money

Xeros aims to make money primarily by commercializing its laundry-related technologies and associated intellectual property. Revenue is expected to come from (1) selling products that incorporate its filtration or fiber-capture solutions for washing...

Xeros Technology Financial Statement Overview

Summary

Financials are pressured by very weak profitability and cash generation. Revenue has been highly volatile, 2025 gross margin is low (~10%), and operating/net margins are deeply negative (~-14% to -15%). Operating cash flow and free cash flow are consistently negative, indicating ongoing funding needs. The main offset is a relatively modest leverage profile (2025 debt-to-equity ~0.10) and improved equity versus 2023–2024.

Income Statement

18Very Negative

Balance Sheet

62Positive

Cash Flow

22Negative
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue286.00K242.00K161.00K297.00K164.00K474.00K
Gross Profit69.00K24.00K139.00K94.00K84.00K281.00K
EBITDA-3.41M-3.45M-4.48M-4.58M-7.27M-6.73M
Net Income-3.32M-3.42M-4.49M-4.25M-6.93M-6.44M
Balance Sheet
Total Assets4.64M6.71M4.32M3.01M7.85M8.42M
Cash, Cash Equivalents and Short-Term Investments3.50M5.55M2.81M1.60M6.47M7.81M
Total Debt464.00K507.00K646.00K810.00K681.00K19.00K
Total Liabilities988.00K1.44M1.20M1.41M1.98M1.36M
Stockholders Equity3.66M5.27M3.12M1.60M5.87M7.06M
Cash Flow
Free Cash Flow-3.05M-2.60M-4.56M-4.77M-7.03M-5.88M
Operating Cash Flow-2.95M-2.56M-4.49M-4.70M-6.97M-5.82M
Investing Cash Flow-90.00K-41.00K-5,000-79.00K5.24M-5.37M
Financing Cash Flow5.33M5.34M5.71M-105.00K5.71M8.52M

Xeros Technology Technical Analysis

Technical Analysis SentimentNegative
Last Price1.02

Price Trends

50DMA1.12Negative
100DMA1.29Negative
200DMA1.38Negative

Market Momentum

MACD-0.03Negative
RSI32.01Neutral
STOCH70.00Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:XSG, the sentiment is Negative. The current price of 1.02 is below the 20-day moving average (MA) of 1.04, below the 50-day MA of 1.12, and below the 200-day MA of 1.38, indicating a bearish trend. The MACD of -0.03 indicates Negative momentum. The RSI at 32.01 is Neutral, neither overbought nor oversold. The STOCH value of 70.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:XSG.

Xeros Technology Peers Comparison

Overall Rating

UnderperformOutperform
Sector (63)

Financial Indicators

GB:XSG against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
GB:RORGB:ROR78OutperformGBP 4.02B33.1521.48%1.69%2.22%25.89%
GB:IMIGB:IMI70OutperformGBP 6.82B21.4632.41%1.20%7.67%45.97%
GB:SPXGB:SPX70OutperformGBP 5.62B27.8016.03%2.30%5.07%21.70%
Sector *63Neutral$10.79B15.437.44%2.01%2.89%-14.66%
GB:AVGGB:AVG62NeutralGBP 280.68M38.385.57%0.67%4.43%2.67%
GB:MGAMGB:MGAM58NeutralGBP 760.14M41.145.79%4.45%-5.58%-32.73%
GB:XSGGB:XSG42NeutralGBP 8.83M-0.02-74.46%―94.56%31.43%

* Industrials Sector Average

Performance Comparison

-50%-25%0%25%50%GB:XSGGB:AVGGB:IMIGB:MGAMGB:RORGB:SPXDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
GB:XSG and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
GB:XSGXeros Technology1.02-1.08-51.19%
GB:AVGAvingtrans plc760.00253.6250.08%
GB:IMIIMI plc2940.00505.1620.75%
GB:MGAMMorgan Advanced Materials274.0085.1245.07%
GB:RORRotork (ROR)493.60167.9751.58%
GB:SPXSpirax Group Plc7450.00679.5210.04%

Xeros Technology Corporate Events

Business Operations and StrategyFinancial DisclosuresProduct-Related Announcements

Xeros Advances Eco-Laundry Technologies as Appliance Headwinds Delay Revenue

Positive
Sep 8, 2026

Xeros Technology Group reported unaudited interim results for the six months to 30 June 2026, highlighting strong operational progress across its three core technology areas despite a challenging appliance market. Revenue rose 67.7% to £0.1m with con...

Business Operations and StrategyFinancial Disclosures

Xeros sets date for half-year results and investor webcast

Positive
Sep 3, 2026

Xeros Technology Group plc, an AIM-quoted specialist in sustainable clothing care technologies, focuses on licensing its Microplastic Pollution Filter, Laundry Care and Garment Finishing solutions to reduce water, energy and chemical use in textile p...

Business Operations and StrategyExecutive/Board Changes

Xeros launches growth-focused LTIP to align executives with shareholders

Positive
Aug 13, 2026

Xeros Technology Group has introduced a new Growth Long Term Incentive Plan under its 2020 share option scheme to better align senior executives and directors with shareholder interests. The plan follows investor feedback and is designed to retain an...

Business Operations and StrategyExecutive/Board Changes

Xeros Revamps Executive Incentives with Performance-Linked Growth LTIP

Positive
Aug 13, 2026

Xeros Technology Group has overhauled its long-term incentive arrangements with the launch of a new Growth LTIP, issuing share options under its existing 2020 plan to senior executives and directors at an exercise price of 1.75p. The awards vest over...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Sep 09, 2026