Xeros Technology Group (AIM:XSG) cut its adjusted EBITDA loss by 23.9% to £3.3m in the year ended 31 December 2025 from £4.4m in 2024 as revenue rose 50.3% to £0.24m and net cash increased to £5.5m.
The AIM-listed developer of microplastic filters, laundry care and garment finishing technologies said the year delivered a breakthrough Launch Agreement with a top-ten global washing machine brand, launch partners for its external XF3 filter with MediaMarkt and Russell Hobbs and first denim-machine sales via Yilmak, and it raised £5.95m gross in November which, together with revenue, helped lift cash from £2.8m to £5.5m at year end.
"the achievements of the last 18 months continue to fuel this confidence," Neil Austin, Chief Executive Officer, said.
Administrative expenses fell 21.5% to £3.8m, net cash outflow from operations narrowed 42.3% to £2.6m and the Group remained debt free, with management attributing the improved adjusted EBITDA to lower ongoing costs and increased revenue.
Operationally Xeros said three further global washing-machine manufacturers remain in technical verification for its Laundry Care system, it signed a Letter of Intent with Guangdong Welly to develop an integrated filter module, its XF3 achieved a 98% microplastic capture rating from the Hohenstein Institute and launch orders should secure a summer retail roll-out.
The company will hold its AGM on 10 June and will post its Annual Report and Notice on 6 May.