With a patent on this new cleaning technology Xeros has won new contracts with 5 major hotel chains, Hilton, Isg, Choise, Wyndham, & Marriot.
With revenues expected to soar from 0.32M 2014, 2.3M 2015, 10.7M 2016 & the sales growth shown on Stockopedia of 883.1%, Xeros is steaming ahead with the share price. It is showing a 90 in momentum currently.
The profit - £6.38M 2014, estimated -£9.98M 2015, + £10.4M 2016.
This certainly passes the dragons den test for a successful company for me, and also passes 3 of my screens in Stockopedia, watchlist, <30% in a month, over 100% in a year.
With 61 new partners now signed up in North America sales should now begin to increase. Stockopedia shows 2016 revenues and profits should be well into positive territory by then, with a £10.4M estimated profit.The sales growth is showing 833% to substantiate this.