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Xeros Technology Group PLC on Tuesday said revenue for 2025 will come below expectations but hailed ‘excellent progression’ on its launch agreement signed with ‘one of the world’s largest, branded washing machine manufacturers’. The Rotherham, England-based laundry technology developer said revenue will miss expectations as a second batch of Xorbs to Yilmak Makina did not ship before the year end as had been anticipated. Further, it said revenue recognition is ‘becoming more complex’ and 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 2026. It said selling, general & administrative expenses are ‘slightly above’ market expectations due to higher than expected costs of the fundraise in 2025, and some further staff expenditure. ‘These deviations from market expectations do not impact the outlook for the business for 2026,’ Xeros Technology said. The company said the unnamed Laundry Care partners’ consumer insights surveys have shown ‘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,’ Xeros said. It noted that three other unnamed ‘leading global [original equipment manufacturers]’ remain in technical verification, and it continues to expect further significant commercial agreements in the Laundry Care segment in 2026. Xeros Technology added that interest in its external microfibre filter ‘shows no sign of abating’. ‘With life-time testing now in the rear-view mirror, we are imminently expecting our first two purchase orders for production runs, and expect wider roll-out of these filters to follow in the current year,’ Xeros Technology said. It added that ‘very pleasing’ progress is being made with Xeros’ partnership with Yilmak Makina. Xeros Technology said it still expects to ‘follow on the foundations built within 2025 to deliver commercially in 2026’. ‘Revenue in 2026 will predominantly come from royalties for Yilmak’s denim processing machines and XF3, and from technology transfer fees from Laundry Care partners,’ the firm said. Shares in Xeros Technology were down 0.2% at 1.60 pence on Tuesday afternoon in London. Copyright 2026 Alliance News Ltd. All Rights Reserved.
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