Moolec Science SA(MLEC)
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Top 3 Defensive Stocks Which Could Rescue Your Portfolio In Q4
Benzinga· 2025-10-16 10:53
Core Insights - The consumer staples sector is experiencing a trend of oversold stocks, presenting potential buying opportunities for undervalued companies [1] Group 1: Oversold Stocks - Nomad Foods Ltd (NYSE:NOMD) has an RSI of 23.8, with a stock price decline of approximately 13% over the past month, closing at $11.96 [8] - JBS NV (NYSE:JBS) has an RSI of 25.7, with a stock price decrease of around 19% over the past month, closing at $12.81 [8] - Moolec Science SA (NASDAQ:MLEC) has an RSI of 15.1, with a significant stock price drop of about 46% over the past month, closing at $0.68 [8] Group 2: Company Developments - Nomad Foods announced the appointment of Dominic Brisby as the new CEO, effective Nov. 3, following the tenure of Stéfan Descheemaeker [8] - JBS received an Overweight rating from Stephens & Co. analyst Pooran Sharma, maintaining a price target of $19 [8] - Moolec Science received regulatory approval in Argentina for its Safflower GLASO Technology and appointed Valeria Falottico as CFO, indicating progress in its operations [8]
Moolec Science Secures Regulatory Approval for Safflower GLASO Technology in Argentina, Expands U.S. Acreage, and Strengthens Leadership With CFO Appointment
Accessnewswire· 2025-09-11 11:00
WARWICK, GB / ACCESS Newswire / September 11, 2025 / Moolec Science Limited, a wholly-owned subsidiary of Moolec Science SA (NASDAQ:MLEC)("the Company"; "Moolec"), an innovation-driven company engineering plants and microbes to unlock scalable protein solutions for the global food industry, today announced regulatory approval in Argentina for its safflower GLASO [1] technology, the expansion of U.S. acreage to support revenue-generating activities, and the appointment of a new Chief Financial Officer to str ...
Moolec Science SA(MLEC) - 2024 Q2 - Quarterly Report
2025-04-16 19:38
| Unaudited interim condensed consolidated statements of comprehensive loss | 1 | | --- | --- | | Unaudited interim condensed consolidated statements of financial position | 2 | | Unaudited interim condensed consolidated statements of changes in equity | 3 | | Unaudited interim condensed consolidated statements of cash flows | 4 | | Notes to the unaudited interim condensed consolidated financial statements | 5 | | Note 1. General information | 5 | | Note 2. Accounting standards and basis of preparation | 5 ...
Moolec Science SA(MLEC) - 2024 Q4 - Annual Report
2024-10-30 18:53
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________________ to ________________ OR ☐ SHELL COMPANY REPORT PURS ...
Why Is Moolec Science (MLEC) Stock Up 121% Today?
InvestorPlace· 2024-04-22 12:01
Moolec Science (NASDAQ:MLEC) stock is taking off on Monday after the company got approval from the Food and Drug Administration (FDA) for its plant-grown animal proteins. According to a press release from the company, this covers its genetically engineered soybean that accumulates animal proteins. The FDA’s Department of Agriculture ruled that the genetically engineered soybean is unlikely to pose an increased plant pest risk compared to normal soybeans.With this the company can continue to development of P ...
Moolec Science SA(MLEC) - 2023 Q3 - Quarterly Report
2024-04-18 20:32
The exchange of shares related to the capital Reorganization contemplated by the business combination agreement, explained in Note 1 of the Group's last annual consolidated financial statements as at and for the year ended June 30, 2023, has been given a retrospective effect in the share capital of the statement of changes in equity. Note 6. Intangible Assets (i) The depreciation charge is included in Administrative expenses and Cost of sales (see notes 19 and 20). Note 8. Other receivables Non-current | -- ...
Moolec Science SA(MLEC) - 2023 Q1 - Quarterly Report
2024-01-22 20:09
Exhibit 99 Unaudited interim condensed consolidated financial statements as of September 30, 2023 and June 30, 2023, and for the three month period ended September 30, 2023 and 2022. 1 Moolec Science SA Unaudited interim condensed consolidated Financial Statements as of September 30, 2023 and June 30, 2023, and for the three months ended September 30, 2023 and 2022 | Contents | | --- | | Unaudited interim condensed consolidated statements of comprehensive loss | 3 | | --- | --- | | Unaudited interim condens ...
Moolec Science SA(MLEC) - 2024 Q1 - Earnings Call Transcript
2023-12-14 16:55
Moolec announced today's first quarter fiscal year 2024 business highlights yesterday after market closed. The document is now available on the company's Investor Relations website at ir.moolecscience.com. This morning, you will hear from Gaston Paladini, Chief Executive Officer and Co-Founder of Moolec Science, together with Amit Dhingra, Chief Science Officer; and Jose Lopez Lecube, Chief Financial Officer. Now I would like to turn the call over to Moolec's CEO to comment on our business and recent develo ...
Moolec Science SA(MLEC) - 2023 Q4 - Annual Report
2023-10-30 21:20
PART I [Introductory Note and Presentation of Financial and Other Information](index=13&type=section&id=INTRODUCTORY%20NOTE%20AND%20PRESENTATION%20OF%20FINANCIAL%20AND%20OTHER%20INFORMATION) The consummation of the Business Combination established the company's public status, IFRS reporting standards, and June 30 fiscal year-end - On December 30, 2022, Moolec Science SA consummated its Business Combination with LightJump Acquisition Corporation, becoming the **new public holding company**[75](index=75&type=chunk) - As a result of the transaction, Moolec Limited and LightJump became **direct subsidiaries** of Moolec Science SA[79](index=79&type=chunk) - The company's audited consolidated financial statements are prepared in accordance with **IFRS** as issued by the IASB[82](index=82&type=chunk) [Key Information](index=16&type=section&id=ITEM%203.%20KEY%20INFORMATION) The company faces significant risks related to its early-stage operations, unproven technology, competition, GMO perception, and potential PFIC tax status [Risk Factors](index=16&type=section&id=D.%20Risk%20Factors) Operational, financial, regulatory, and market acceptance risks stem from the company's early-stage nature, historical losses, and reliance on molecular farming - The company is an early-stage entity with a history of financial losses, reporting a **net loss of US$51.8 million** for the year ended June 30, 2023, and an **accumulated deficit of US$58.6 million**[102](index=102&type=chunk) - Future revenue is highly dependent on the success of its **molecular farming technology**, for which there is currently limited performance data[108](index=108&type=chunk) - The company faces challenges from public perception of **genetically modified organisms (GMOs)**, which could negatively impact product acceptance and sales[141](index=141&type=chunk) - The company was likely a **Passive Foreign Investment Company (PFIC)** for the taxable year ending June 30, 2023, posing adverse U.S. tax consequences for shareholders[101](index=101&type=chunk)[244](index=244&type=chunk) [Information on the Company](index=50&type=section&id=ITEM%204.%20INFORMATION%20ON%20THE%20COMPANY) The company operates as a science-based ingredient producer using molecular farming, highlighted by its history, recent acquisitions, and product pipeline [History and Development of the Company](index=50&type=section&id=A.%20History%20and%20Development%20of%20the%20Company) The company evolved from a Bioceres spin-off, recently acquiring ValoraSoy for processing capabilities and securing approximately $30 million in financing - Moolec is a science-based ingredient company that uses molecular farming technology developed over a decade at Bioceres before Moolec was **spun-out in 2020**[246](index=246&type=chunk) - On April 24, 2023, the company **acquired ValoraSoy S.A.** to consolidate its molecular farming technology with industrial processing capabilities[250](index=250&type=chunk)[254](index=254&type=chunk) - On October 15, 2023, Moolec entered into agreements for convertible notes with Insud and Bioceres, totaling **approximately $30 million in financing**[272](index=272&type=chunk)[274](index=274&type=chunk)[804](index=804&type=chunk) [Business Overview](index=55&type=section&id=B.%20Business%20Overview) The company's operations center on a pipeline of genetically engineered crops to produce animal proteins, supported by R&D partnerships and a growing IP portfolio Product Development Pipeline and Timeline | Project | Application | Host | Development Stage | Planned Commercial Launch | | :--- | :--- | :--- | :--- | :--- | | SPC2 | Food Ingredient | Safflower | Scale-up | 2025 | | GLASO | Nutritional Oil | Safflower | Scale-up | 2025 | | YEEA1 | Nutritional Supplement/Food Ingredient | Yeast | Development | 2025 | | SOOY1 | Meat replacement | Soybean | Development | 2027 | | SOOY2 | Meat replacement | Soybean | Transformation | 2029 | | SOOY3 | Meat replacement | Soybean | Transformation | 2029 | | PEEA1 | Meat replacement | Pea | Transformation | 2028 | - The company's intellectual property portfolio includes over **26 patents** (granted and pending) and **22 trademarks** across key jurisdictions[297](index=297&type=chunk)[298](index=298&type=chunk)[299](index=299&type=chunk) - Moolec has received **regulatory approvals** from the USDA-APHIS and FDA for its GLA safflower and from Argentina's MAGP for its chymosin safflower[318](index=318&type=chunk)[320](index=320&type=chunk) [Organizational Structure](index=64&type=section&id=C.%20Organizational%20Structure) Moolec Science SA is the parent holding company with key subsidiaries in the UK, USA, and Argentina, and a joint arrangement in Spain Main Subsidiaries and Joint Arrangements (as of June 30, 2023) | Name | Jurisdiction of Incorporation | Ownership Interest | Voting Interest | | :--- | :--- | :--- | :--- | | Moolec Science Limited | England | 100% | 100% | | LightJump Acquisition Corporation | Delaware | 100% | 100% | | Valorasoy S.A. | Argentina | 100% | 100% | | AG Biomolecules LLC | Delaware | 100% | 100% | | Microo Foods Ingredients S.L. | Spain | 50% | 50% | [Operating and Financial Review and Prospects](index=65&type=section&id=ITEM%205.%20OPERATING%20AND%20FINANCIAL%20REVIEW%20AND%20PROSPECTS) A net loss of $51.8 million in fiscal 2023 was driven by a non-cash listing cost, while the company secured $30 million in post-period financing [Operating Results](index=65&type=section&id=A.%20Operating%20Results) Fiscal year 2023 results show a net loss of $51.8 million, primarily from a $42.7 million non-cash listing cost, with first revenues of $0.9 million from ValoraSoy Consolidated Statements of Comprehensive Loss (FY 2023 vs. FY 2022) | Metric | For the year ended June 30, 2023 (USD) | For the year ended June 30, 2022 (USD) | Change (%) | | :--- | :--- | :--- | :--- | | Revenue | 905,049 | — | N/A | | Loss from operations | (6,653,805) | (3,652,433) | 82.2% | | Share based payment cost of listing shares | (42,705,061) | — | N/A | | Transaction expenses | (3,535,046) | — | N/A | | **Net loss for the year** | **(51,788,880)** | **(4,526,905)** | **1,044.0%** | | Basic and diluted loss per share | (1.50) | (0.15) | 900.0% | - Revenue of **$905,049 in FY2023** was generated following the acquisition of ValoraSoy, as the company had no revenue in the prior year[342](index=342&type=chunk) - The significant increase in net loss was primarily driven by a one-time, non-cash charge of **$42.7 million for share-based payment costs** related to the public listing[351](index=351&type=chunk) [Liquidity and Capital Resources](index=70&type=section&id=B.%20Liquidity%20and%20Capital%20Resources) Liquidity is sourced from shareholder funding and financing activities, with $2.5 million in cash and a new $50 million equity facility as of June 30, 2023 Consolidated Statement of Cash Flows Summary | Cash Flow Activity | For the year ended June 30, 2023 (USD) | For the year ended June 30, 2022 (USD) | | :--- | :--- | :--- | | Net cash used in operating activities | (7,511,353) | (1,885,979) | | Net cash used in investing activities | (2,336,820) | — | | Net cash generated from financing activities | 11,281,661 | 2,000,000 | | **Net increase in cash and cash equivalents** | **1,433,488** | **114,021** | | **Cash and cash equivalents at end of year** | **2,527,673** | **1,081,808** | - In April 2023, the company entered into a committed equity financing facility with Nomura, allowing it to sell up to **$50 million** of its ordinary shares[359](index=359&type=chunk) - As of June 30, 2023, total outstanding borrowings amounted to **$2.65 million**[366](index=366&type=chunk) [Directors, Senior Management, and Employees](index=73&type=section&id=ITEM%206.%20DIRECTORS,%20SENIOR%20MANAGEMENT%20AND%20EMPLOYEES) The company is led by a five-member board and an experienced executive team, with 45 employees as of June 30, 2023 - The aggregate compensation for senior management for the year ended June 30, 2023, was **US$1.2 million**, which includes restricted stock units[382](index=382&type=chunk) - The company's board consists of **five directors** and has established an Audit Committee, a Compensation Committee, and a Nominating Committee[386](index=386&type=chunk)[387](index=387&type=chunk)[389](index=389&type=chunk) Employee Count by Year | Year (as of June 30) | Total Employees | | :--- | :--- | | 2023 | 45 | | 2022 | 9 | | 2021 | 6 | Major Share Ownership (as of June 30, 2023) | Beneficial Owner | Percentage Owned (%) | | :--- | :--- | | THEO I SCSp | 40.9% | | Bioceres Group PLC | 40.9% | | Union Group Ventures Limited | 40.4% | | BG Farming Technologies Ltd. | 38.8% | [Major Shareholders and Related Party Transactions](index=82&type=section&id=ITEM%207.%20MAJOR%20SHAREHOLDERS%20AND%20RELATED%20PARTY%20TRANSACTIONS) Ownership is concentrated among a few major entities, and the company maintains a formal policy for reviewing related party transactions - Major shareholders, including THEO I SCSp, Bioceres Group PLC, and Union Group Ventures Limited, each reported beneficial ownership of **over 40%** of the company's share capital in January 2023[410](index=410&type=chunk) - The Board of Directors has adopted a written policy for reviewing and approving related party transactions **exceeding US$120,000**[405](index=405&type=chunk) [Additional Information](index=86&type=section&id=ITEM%2010.%20ADDITIONAL%20INFORMATION) The company's corporate structure includes 37.6 million shares and 11.1 million warrants, governed by Luxembourg law with potential PFIC tax risks for U.S. investors - As of June 30, 2023, the company had **37,563,768 Ordinary Shares** and **11,110,000 warrants** outstanding[423](index=423&type=chunk) - The company is incorporated in the Grand Duchy of Luxembourg, and its corporate affairs are governed by its **articles of association and Luxembourg law**[231](index=231&type=chunk)[240](index=240&type=chunk) - Material U.S. tax considerations include the risk that the company was a **Passive Foreign Investment Company (PFIC)** for its taxable year ending June 30, 2023[491](index=491&type=chunk) PART II [Controls and Procedures](index=103&type=section&id=ITEM%2015.%20CONTROLS%20AND%20PROCEDURES) Management concluded that disclosure controls and procedures were effective as of June 30, 2023, while being exempt from an internal control audit - Management concluded that the company's **disclosure controls and procedures were effective** as of June 30, 2023[516](index=516&type=chunk) - The annual report does not include a management report or auditor attestation on internal control over financial reporting, due to its status as a **newly-public and emerging growth company**[518](index=518&type=chunk)[519](index=519&type=chunk) PART III [Financial Statements](index=107&type=section&id=ITEM%2018.%20FINANCIAL%20STATEMENTS) Audited IFRS financial statements for fiscal years 2022 and 2023 show significant asset growth and a net loss driven by one-time listing costs [Consolidated statements of comprehensive loss](index=115&type=section&id=Consolidated%20statements%20of%20comprehensive%20loss) A net loss of $51.8 million in fiscal 2023 was driven by a one-time, non-cash share-based payment cost of $42.7 million Key Figures from Statement of Comprehensive Loss (FY 2023) | Item | Amount (USD) | | :--- | :--- | | Revenue | 905,049 | | Loss from operations | (6,653,805) | | Share based payment cost of listing shares | (42,705,061) | | **Net loss of the year** | **(51,788,880)** | | Total comprehensive loss for the year | (51,770,768) | [Consolidated statements of financial position](index=116&type=section&id=Consolidated%20statements%20of%20financial%20position) Total assets grew to $24.1 million as of June 30, 2023, driven by acquisitions and financing, with total equity increasing to $10.1 million Key Figures from Statement of Financial Position | Item | As of June 30, 2023 (USD) | As of June 30, 2022 (USD) | | :--- | :--- | :--- | | **Total Assets** | **24,051,289** | **5,691,717** | | Total non-current assets | 18,719,453 | 4,607,848 | | Total current assets | 5,331,836 | 1,083,869 | | **Total Liabilities** | **13,945,356** | **4,087,384** | | Total current liabilities | 12,599,191 | 4,087,384 | | **Total Equity** | **10,105,933** | **1,604,333** | [Consolidated statements of cash flow](index=118&type=section&id=Consolidated%20statements%20of%20cash%20flow) Financing activities generated $11.3 million in cash, offsetting operational and investing outflows and resulting in a year-end cash balance of $2.5 million Consolidated Cash Flow Summary (FY 2023) | Item | Amount (USD) | | :--- | :--- | | Net cash used in operating activities | (7,511,353) | | Net cash used in investing activities | (2,336,820) | | Net cash generated from financing activities | 11,281,661 | | **Net increase in cash and cash equivalents** | **1,433,488** | [Notes to the Consolidated financial statements](index=120&type=section&id=Notes%20to%20the%20Consolidated%20financial%20statements) Notes detail the accounting for the business combination, the ValoraSoy acquisition, and significant subsequent financing events - The business combination with LightJump is accounted for as a capital reorganization, with a non-cash listing cost of **$42.7 million** recognized in accordance with IFRS 2[589](index=589&type=chunk) - On April 24, 2023, the company acquired ValoraSoy S.A. for a total consideration of **$2.6 million**, recognizing **$2.4 million in net identifiable assets** and **$249,725 in goodwill**[592](index=592&type=chunk)[594](index=594&type=chunk) - Subsequent to the reporting period, the company secured **approximately $30 million** in cash and in-kind contributions through convertible note agreements[803](index=803&type=chunk)[804](index=804&type=chunk)[805](index=805&type=chunk)
Moolec Science SA(MLEC) - 2022 Q3 - Quarterly Report
2023-07-10 12:00
Exhibit 99.1 Unaudited interim condensed consolidated financial statements as of March 31, 2023 and June 30, 2022, and for the three and nine-month periods ended March 31, 2023 and 2022. 1 Moolec Science S.A. Unaudited interim condensed consolidated financial statements as of March 31, 2023 and June 30, 2022, and for the three and nine- months periods ended March 31, 2023 and 2022 Table of Contents | Unaudited interim condensed consolidated statements of operations | 3 | | --- | --- | | Unaudited interim co ...