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Financial statements

Moolec Science SA financial statements

Income statement, balance sheet and cash flow statement for the last 3 fiscal years, taken from the XBRL data Moolec Science SA files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2023FY2023FY2024
Revenue0.915.63
Cost of revenue1.055.15
Gross profit-0.140.47
Research and development0.991.351.77
Selling, general and administrative0.020.11
General and administrative2.524.817.52
Operating income-3.65-6.65-9.04
Interest expense00.161.17
Pre-tax income-4.53-52-8.36
Income tax-0.23-1.05
Net income-4.53-51.8-7.31
EBITDA-6.63
EPS, basic-0.15-1.50-0.19
EPS, diluted-0.15-1.50-0.19

Balance sheet

FY2023FY2023FY2024
Cash and equivalents1.082.535.39
Short-term investments0.31
Receivables1.331.01
Inventory0.476.28
Total current assets1.085.3313.7
Property, plant and equipment0.011.14
Lease right-of-use assets0.040.44
Goodwill0.250.26
Intangible assets4.68.528.98
Total assets5.6924.134.8
Accounts payable1.237.483.41
Total current liabilities4.0912.68.15
Lease liabilities0.25
Total liabilities4.0913.928
Paid-in capital7.296769.2
Retained earnings-6.83-58.6-65.9
Total equity1.610.16.82
Total liabilities and equity5.6924.134.8

Cash flow statement

FY2023FY2023FY2024
Net income-4.53-51.8-7.31
Depreciation and amortization0.02
Cash from operations-1.89-7.51-9.33
Capital expenditures-0.01-0.16
Cash from investing-2.340.13
Debt issued2.172.59
Debt repaid-0.88-2.51
Stock issued0.012.17
Cash from financing211.311.7
Exchange rate effect-0.010.01
Net change in cash0.111.432.52
Free cash flow-7.53-9.49

Key metrics

Worked out from the statements above. Latest values use fiscal 2024. Valuation uses the share price of $5.60 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin8.4%Gross profit / revenue.
Operating margin-160.8%Operating income / revenue.
Pre-tax margin-148.6%Pre-tax income / revenue.
Net margin-130.0%Net income / revenue.
FCF margin-168.6%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin-165.8%Cash from operations / revenue.
Return on assets (ROA)-24.9%Net income / average total assets.
R&D / revenue31.5%Research and development expense / revenue.
Capex / revenue2.8%Capital expenditures / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y521.5%Revenue vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y44.6%Total assets vs the same period a year earlier. Only from a positive base.

Balance sheet health

MetricValueHow it is calculated
Current ratio1.69xCurrent assets / current liabilities.
Quick ratio0.79x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.66x(Cash + short-term investments) / current liabilities.
Liabilities / assets80.4%Total liabilities / total assets.
Interest coverage-7.76xOperating income / interest expense.
Working capital$5.6MCurrent assets - current liabilities.
Goodwill and intangibles / assets26.6%(Goodwill + intangible assets) / total assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.19xRevenue / average total assets.
Inventory turnover1.53xCost of revenue / average inventory.
Days inventory239 days365 x average inventory / cost of revenue.
Receivables turnover4.81xRevenue / average receivables.
Days sales outstanding76 days365 x average receivables / revenue.
Days payables386 days365 x average accounts payable / cost of revenue.
Cash conversion cycle-71 daysDays inventory + days sales outstanding - days payables.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.19Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic-$0.19Net income per basic share, as reported (split-adjusted).

Valuation

MetricValueHow it is calculated
Market cap$4.1MShare price x shares outstanding.
Enterprise value-$1.3MMarket cap + total debt - cash - short-term investments.
P/S0.72xMarket cap / revenue.
FCF yield-233.3%Free cash flow / market cap.
Earnings yield-179.8%Net income / market cap (the inverse of P/E).
What was Moolec Science SA's revenue in fiscal 2024?

Moolec Science SA reported revenue of $5.6M for fiscal 2024, 521.5% higher than the year before.

Was Moolec Science SA profitable in fiscal 2024?

No. It reported a net loss of $7.3M.

How much free cash flow did Moolec Science SA generate in fiscal 2024?

Cash from operations of $9.3M minus capital expenditures of $158.3K left free cash flow of -$9.5M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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