Moolec Science SA (MLEC)

NASDAQ: MLEC · Real-Time Price · USD
0.890
+0.020 (2.30%)
Nov 22, 2024, 4:00 PM EST - Market closed
2.30%
Market Cap 34.21M
Revenue (ttm) 5.63M
Net Income (ttm) -7.31M
Shares Out 38.44M
EPS (ttm) -0.19
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 17,918
Open 0.853
Previous Close 0.870
Day's Range 0.853 - 0.912
52-Week Range 0.750 - 3.250
Beta -0.54
Analysts Strong Buy
Price Target 6.00 (+574.16%)
Earnings Date Dec 12, 2024

About MLEC

Moolec Science SA, a science-based food ingredient company, focuses on developing ingredients for food, pet food, animal feed, and dietary supplements using molecular farming technology. It develops textured soy proteins, safflower oil, meat replacement products, food ingredients, and nutritional supplements. It operates in the United States, Europe, and South America. The company was founded in 2020 and is based in Luxembourg. [Read more]

Industry Biotechnology
Sector Healthcare
Founded 2008
Employees 52
Stock Exchange NASDAQ
Ticker Symbol MLEC
Full Company Profile

Financial Performance

In 2024, Moolec Science's revenue was $5.63 million, an increase of 521.53% compared to the previous year's $905,049. Losses were -$7.31 million, -85.88% less than in 2023.

Financial Statements

Analyst Forecast

According to one analyst, the rating for MLEC stock is "Strong Buy" and the 12-month stock price forecast is $6.0.

Price Target
$6.0
(574.16% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Moolec Has Received USDA Approval for the First Genetically Modified Pea in History

LUXEMBOURG / ACCESSWIRE / October 16, 2024 / Moolec Science SA (NASDAQ:MLEC) ("the Company"), a leader in Molecular Farming technology, announced today that the U.S. Department of Agriculture's ("USDA...

5 weeks ago - Accesswire

Moolec Science (MLEC) Q4 2024 Earnings Call Transcript

Moolec Science SA (NASDAQ:MLEC) Q4 2024 Earnings Conference Call October 2, 2024 8:30 AM ET Company Participants Gaston Paladini - Chief Executive Officer Jose Lopez Lecube - Chief Financial Officer ...

7 weeks ago - Seeking Alpha

Moolec Science Presents Fiscal Year 2024 Annual Business Update

LUXEMBOURG / ACCESSWIRE / October 2, 2024 / Moolec Science SA (NASDAQ:MLEC) ("The Company"; "Moolec"), a science-based food ingredient company focused on producing animal proteins and nutritional oils...

7 weeks ago - Accesswire

Moolec Science to Host Fourth Quarter Fiscal Year 2024 Business Update Conference Call

LUXEMBOURG / ACCESSWIRE / September 25, 2024 / Moolec Science SA (NASDAQ:MLEC)("The Company"; "Moolec"), a science-based food ingredient company focused on producing animal proteins and nutritional oi...

2 months ago - Accesswire

Moolec Received NASDAQ Bid Price Letter

LUXEMBOURG / ACCESSWIRE / September 13, 2024 / Moolec Science SA (NASDAQ:MLEC) ("The Company", "Moolec"), a science-based food ingredient company, announced today that it received a letter (the "Nasda...

2 months ago - Accesswire

Moolec Confirms US Harvest and Promising Yields for Plant-Grown Products GLASO(TM) and Piggy Sooy(TM) in October

LUXEMBOURG / ACCESSWIRE / September 5, 2024 / Moolec Science SA (NASDAQ:MLEC) ("The Company", "Moolec"), a science-based food ingredient company, announced today the harvest confirmation of US campaig...

2 months ago - Accesswire

Top 4 Risk Off Stocks You'll Regret Missing In July

The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies. `

Other symbols: ELELAB
4 months ago - Benzinga

Moolec Signs an Offtake Agreement With Major Global CPG Company to Hit the US Market in 2025

LUXEMBOURG / ACCESSWIRE / July 15, 2024 / Moolec Science SA (NASDAQ:MLEC) ("the Company"), a Molecular Farming ingredient company, announced today the signing of an offtake agreement with one of the l...

4 months ago - Accesswire

Moolec Science SA (MLEC) Q3 2024 Earnings Call Transcript

Moolec Science SA (NASDAQ:MLEC) Q3 2024 Earnings Conference Call May 30, 2024 8:30 AM ET Company Participants Gaston Paladini - CEO and Co-Founder Amit Dhingra - Chief Science Officer Jose Lopez Lecu...

6 months ago - Seeking Alpha

Moolec Announces New Patent Granting in the United States for Molecular Farming Platform

LUXEMBOURG / ACCESSWIRE / April 30, 2024 / Moolec Science SA (NASDAQ:MLEC) ("Company"; "Moolec"), a Molecular Farming food-ingredient company, announced today the granting of a patent family in the Un...

7 months ago - Accesswire

Moolec Becomes First Molecular Farming Company to Achieve USDA Approval for Plant-Grown Animal Proteins

LUXEMBOURG / ACCESSWIRE / April 22, 2024 / Moolec Science SA (NASDAQ:MLEC)("The company"), a Molecular Farming food-ingredient company, announced today that the Animal and Plant Health Inspection Serv...

7 months ago - Accesswire

Moolec Science Presents Second Quarter Fiscal Year 2024 Business Update

LUXEMBOURG / ACCESSWIRE / March 13, 2024 / Moolec Science SA (NASDAQ:MLEC) a science-based food ingredient company focused on producing animal proteins in plants through Molecular Farming technology, ...

9 months ago - Accesswire

Moolec Science to Host Second Quarter Fiscal Year 2024 Business Update Conference Call

LUXEMBOURG / ACCESSWIRE / March 6, 2024 / Moolec Science SA (NASDAQ:MLEC) ("Company"; "Moolec"), a science-based food ingredient company focused on producing animal proteins in plants through Molecula...

9 months ago - Accesswire

Moolec Science SA (MLEC) Q1 2024 Earnings Call Transcript

Moolec Science SA (NASDAQ:MLEC) Q1 2024 Earnings Conference Call December 14, 2023 8:30 AM ET Company Participants Michael Bowen - ICR's, Strategic Communications and Advisory Gaston Paladini - CEO a...

1 year ago - Seeking Alpha

Moolec Science Presents First Quarter Fiscal Year 2024 Business Update

LUXEMBOURG / ACCESSWIRE / December 14, 2023 / Moolec Science SA (NASDAQ:MLEC), a science-based food ingredient company focused on producing animal proteins in plants through Molecular Farming technolo...

1 year ago - Accesswire

Moolec Science to Host First Quarter Fiscal Year 2024 Business Update Conference Call

LUXEMBOURG / ACCESSWIRE / December 7, 2023 / Moolec Science SA (NASDAQ:MLEC)("Company"; "Moolec"), a science-based food ingredient company focused on producing animal proteins in plants through Molecu...

1 year ago - Accesswire

Moolec Science Presents Fourth Quarter FY 2023 Business Update

LUXEMBOURG / ACCESSWIRE / October 20, 2023 / Moolec Science SA (NASDAQ:MLEC) a science-based food ingredient company focused on producing animal proteins in plants through Molecular Farming, today rep...

1 year ago - Accesswire

Moolec Science to Host Fiscal Year 2023 Business Update Conference Call

LUXEMBOURG / ACCESSWIRE / October 17, 2023 / Moolec Science SA (NASDAQ:MLEC); ("Company"; "Moolec"), a science-based food ingredient company focused on producing animal proteins in plants through Mole...

1 year ago - Accesswire

Moolec Science Announces ~US $30 Million Capital Raise With Strategic Investors

LUXEMBOURG / ACCESSWIRE / October 17, 2023 / Moolec Science SA (NASDAQ:MLEC; "Company"; "Moolec''), a science-based food ingredient company, announced today that it has entered into agreements to issu...

Other symbols: BIOX
1 year ago - Accesswire

Moolec Science Announces Capital Raise With Strategic Investors for ~US $30 Million

LUXEMBOURG / ACCESSWIRE / October 17, 2023 / Moolec Science SA (NASDAQ: MLEC; "Company"; "Moolec''), a science-based food ingredient company, announced today that it has entered into agreements to iss...

Other symbols: BIOX
1 year ago - Accesswire

Moolec Science Presents 'Piggy Sooy', a Soybean Platform That Can Produce Significantly High Amounts of Pork Proteins

LUXEMBOURG / ACCESSWIRE / June 26, 2023 / Moolec Science SA ((NASDAQ:MLEC) "Company"; "Moolec"), a science-based food ingredient company focused on producing animal proteins in plants through Molecula...

1 year ago - Accesswire

Moolec Science SA (MLEC) Q1 2023 Earnings Call Transcript

Moolec Science SA (NASDAQ:MLEC) Q1 2023 Earnings Conference Call May 31, 2023 8:00 AM ET Company Participants Martín Taraciuk - Head, IR Gaston Paladini - Co-Founder, CEO & Director Amit Dhingra - Ch...

1 year ago - Seeking Alpha

Moolec Science Presents Third Quarter FY 2023 Business Update

LUXEMBOURG / ACCESSWIRE / May 30, 2023 / Moolec Science SA (NASDAQ:MLEC) a science-based food ingredient company focused on producing animal proteins in plants through Molecular Farming, today reporte...

Other symbols: BIOX
1 year ago - Accesswire

Moolec Science to Host Third Quarter FY 2023 Business Update Call

LUXEMBOURG / ACCESSWIRE / May 24, 2023 / Moolec Science SA (NASDAQ: MLEC; "Company"; "Moolec"), a science-based food ingredient company focused on producing animal proteins in plants through Molecular...

1 year ago - Accesswire

Moolec Science Secures Up to $50 Million in Committed Equity Financing With Nomura

LUXEMBOURG / ACCESSWIRE / April 17, 2023 / Moolec Science SA (NASDAQ:MLEC) ("Company"; "Moolec"), a science-based food ingredient company focused on producing animal proteins in plants through Molecul...

1 year ago - Accesswire