Moolec Science SA (MLEC) Balance Sheet
MLEC balance sheet, FY2025
June 30, 2025 · U.S. dollars$204.7M assets = $287.6M liabilities + −$82.9M equity
Liabilities exceed assets: shareholders’ equity is negative (−$82.9M).
Both columns are drawn to the same scale: what MLEC owns equals what it owes plus shareholders’ equity. Hover a block for its value.
MLEC financial health
Descriptive bands, not a rating. Fiscal FY2025.
MLEC balance sheet trends, FY2021–FY2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $138.6MFY2021 | $204.7MFY2025 | +10.2%/yr | |
| Total liabilities | $4.5MFY2021 | $287.6MFY2025 | +182.6%/yr | |
| Shareholders’ equity | $134.1MFY2021 | −$66.0MFY2025 | — | |
| Cash & short-term investments | $337,603FY2021 | $9.0MFY2025 | +127.4%/yr | |
| Total debt | $125,000FY2021 | $246.9MFY2025 | +566.6%/yr | |
| Net cash (debt) | $212,603FY2021 | −$237.9MFY2025 | −$238.1M | |
| Working capital | −$280,157FY2021 | −$204.9MFY2025 | −$204.6M | |
| Book value per share | $115.79FY2021 | −$153.11FY2025 | — | |
| Current ratio | 0.67FY2021 | 0.13FY2025 | −0.54 | |
| Debt / equity | 0.00FY2021 | 2.15FY2024 | +2.15 | |
| Shares outstanding | 1.2MFY2021 | 431KFY2025 | −21.9%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
MLEC assets
MLEC liabilities and equity
MLEC debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
MLEC balance sheet
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Assets | |||||
| Cash & short-term investments | $9.0M | $5.4M | $2.8M | $1.1M | $337,603 |
| Cash & equivalents | $767,919 | $5.4M | $2.5M | $1.1M | $337,603 |
| Short-term investments | $8.3M | $14.7M | $306,034 | $0 | — |
| Receivables | $19.9M | $1.5M | $1.7M | $0 | $289,888 |
| Inventory | $2.2M | $6.3M | $465,748 | $0 | $0 |
| Other current assets | $11,835 | $596,938 | $341,107 | $2,061 | $0 |
| Total current assets | $31.2M | $13.7M | $5.3M | $1.1M | $581,697 |
| Property, plant & equipment (net) | $3.4M | $1.6M | $1.2M | $8,918 | $10,617 |
| Goodwill & intangible assets | $75.3M | $9.2M | $8.8M | $4.6M | $4.6M |
| Long-term investments | $94.1M | $93.0M | $0 | $0 | $0 |
| Other non-current assets | $664,493 | $0 | $8.8M | $0 | $133.4M |
| Total assets | $204.7M | $34.8M | $24.1M | $5.7M | $138.6M |
| Liabilities | |||||
| Accounts payable | $6.5M | $873,534 | $2.3M | $164,127 | $587,658 |
| Short-term debt | $227.3M | $2.7M | $2.5M | $125,000 | $125,000 |
| Deferred revenue | $1,260 | — | $6.6M | −$125,000 | −$300,000 |
| Total current liabilities | $236.1M | $8.2M | $12.6M | $4.1M | $861,854 |
| Long-term debt | $19.6M | $11.7M | $99,046 | $0 | $0 |
| Lease obligations | $117,463 | $421,887 | $0 | — | — |
| Other long-term liabilities | $31.9M | $8.1M | $1.2M | $2.2M | $3.6M |
| Total liabilities | $287.6M | $28.0M | $13.9M | $4.1M | $4.5M |
| Shareholders' equity | |||||
| Common stock & paid-in capital | $1.1M | $385,641 | $375,641 | $310,000 | $129.1M |
| Retained earnings (deficit) | −$110.3M | −$65.9M | −$58.6M | −$6.8M | −$828,078 |
| Accumulated other comprehensive income | $3.9M | $125,709 | $18,112 | — | — |
| Minority interest | −$16.9M | $248.8M | — | — | — |
| Total shareholders' equity | −$66.0M | $6.8M | $10.1M | $1.6M | $134.1M |
| Key figures | |||||
| Total debt | $246.9M | $14.7M | $2.6M | $125,000 | $125,000 |
| Net cash (debt) | −$237.9M | −$9.3M | $188,418 | $956,808 | $212,603 |
| Working capital | −$204.9M | $5.6M | −$7.3M | −$3.0M | −$280,157 |
| Tangible book value | −$141.2M | −$2.4M | $1.3M | −$3.0M | $129.5M |
| Book value per share | −$153.11 | $2.66 | $4.40 | $0.64 | $115.79 |
| Shares outstanding | 431K | 2.6M | 2.3M | 2.5M | 1.2M |
| Current ratio | 0.13 | 1.69 | 0.42 | 0.27 | 0.67 |
| Quick ratio | 0.12 | 0.84 | 0.36 | 0.26 | 0.73 |
| Debt / equity | — | 2.15 | 0.26 | 0.08 | 0.00 |
| Equity / assets | −32.2% | 19.6% | 42.0% | 28.2% | 96.7% |
| Mar '26 | Dec '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | Jun '23 | Mar '23 | Dec '22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $1.1M | $1.1M | $1.9M | $1.9M | $3.6M | $67.7M | $4.3M | $1.8M | $2.8M | $6.2M | $6.2M | $10.4M |
| Cash & equivalents | $1.0M | $1.0M | $1.9M | $1.9M | $3.6M | $53.0M | $4.3M | $1.7M | $2.5M | $6.2M | $6.2M | $10.4M |
| Short-term investments | $39,085 | $39,085 | — | — | — | $14.7M | $0 | $132,134 | $306,034 | $306,034 | — | — |
| Receivables | $4.0M | $889,800 | $2.7M | $1.9M | $1.6M | $209.0M | $1.7M | $1.2M | $1.7M | $939,202 | $939,202 | $3,876 |
| Inventory | $4.0M | $4.0M | $4.8M | $4.8M | $5.6M | $126.2M | $386,886 | $501,582 | $465,748 | $465,748 | $0 | $0 |
| Other current assets | $162,158 | $3.2M | $31,316 | $840,111 | $344,002 | $35.3M | $233,637 | $14,824 | $341,107 | $0 | $0 | $0 |
| Total current assets | $9.2M | $9.2M | $9.5M | $9.5M | $11.2M | $438.2M | $6.6M | $3.6M | $5.3M | $7.2M | $7.2M | $10.4M |
| Property, plant & equipment (net) | $4.4M | $4.4M | $1.6M | $1.6M | $1.6M | $86.2M | $1.6M | $1.3M | $1.2M | $10,214 | $10,214 | $8,069 |
| Goodwill & intangible assets | $73.8M | $73.8M | $9.3M | $9.3M | $9.2M | $289.5M | $8.0M | $7.0M | $8.8M | $5.0M | $4.7M | $4.7M |
| Long-term investments | $0 | $16.0M | $0 | $0 | $0 | $93.0M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $16.0M | $0 | $10.9M | $10.9M | $10.5M | $42.9M | $9.8M | $9.5M | $8.8M | $7.8M | $8.1M | $8.1M |
| Total assets | $103.4M | $103.4M | $31.4M | $31.4M | $32.6M | $949.8M | $26.0M | $21.3M | $24.1M | $20.0M | $20.0M | $23.2M |
| Liabilities | ||||||||||||
| Accounts payable | $6.8M | $6.8M | $1.0M | $1.0M | $738,136 | $161.7M | $639,601 | $1.3M | $2.3M | $622,580 | $622,580 | $608,293 |
| Short-term debt | $54.5M | — | $2.5M | — | $3.7M | — | $3.0M | $2.4M | $2.5M | $160,000 | $160,000 | $160,000 |
| Deferred revenue | — | — | — | — | — | — | $3.5M | $31,398 | $6.6M | $5.9M | $5.9M | $8.8M |
| Total current liabilities | $61.9M | $61.9M | $6.5M | $6.5M | $7.4M | $427.4M | $7.8M | $8.3M | $12.6M | $8.4M | $8.4M | $11.3M |
| Long-term debt | $0 | $12.0M | $0 | $19.4M | $18.2M | $208.1M | $10.6M | $5.6M | $0 | $99,046 | $0 | $0 |
| Lease obligations | — | $83,087 | — | $347,832 | $385,352 | $11.3M | $457,465 | $489,060 | $372,471 | $0 | — | — |
| Other long-term liabilities | $26.3M | $14.3M | $22.1M | $2.8M | $1.3M | $64.4M | $877,074 | $737,529 | $1.3M | $1.2M | $0 | $0 |
| Total liabilities | $88.2M | $88.2M | $28.6M | $28.6M | $26.9M | $699.8M | $19.3M | $14.6M | $13.9M | $8.4M | $8.4M | $11.3M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $1.1M | — | $401,272 | — | $385,641 | — | $375,641 | $375,641 | $375,641 | $375,605 | $375,605 | $375,605 |
| Retained earnings (deficit) | −$44.6M | −$44.6M | −$70.3M | −$70.3M | −$67.9M | $1.1M | −$63.4M | −$62.0M | −$58.6M | −$55.9M | −$55.9M | −$55.5M |
| Accumulated other comprehensive income | $176,186 | — | $786,331 | — | $633,051 | — | −$47,940 | $1.3M | $18,112 | $551,841 | — | — |
| Minority interest | — | $6.0M | — | — | — | — | — | — | — | — | — | — |
| Total shareholders' equity | $9.2M | $9.2M | $2.8M | $2.8M | $5.7M | $1.2M | $6.6M | $6.7M | $10.1M | $11.6M | $11.6M | $11.9M |
| Key figures | ||||||||||||
| Total debt | $66.5M | $12.0M | $22.1M | $19.4M | $22.1M | $208.1M | $13.9M | $8.3M | $2.6M | $160,000 | $160,000 | $160,000 |
| Net cash (debt) | −$65.4M | −$11.0M | −$20.2M | −$17.4M | −$18.5M | −$140.4M | −$9.6M | −$6.5M | $188,418 | $6.1M | $6.1M | $10.3M |
| Working capital | −$52.7M | −$52.7M | $3.1M | $3.1M | $3.8M | $10.8M | −$1.2M | −$4.7M | −$7.3M | −$1.2M | −$1.2M | −$845,409 |
| Tangible book value | −$64.5M | −$64.5M | −$6.5M | −$6.5M | −$3.5M | −$288.3M | −$1.3M | −$336,271 | $1.3M | $6.6M | $6.8M | $7.2M |
| Book value per share | — | $12.70 | $1.08 | $10.49 | $2.21 | $4.75 | $2.64 | $2.65 | $4.04 | $4.60 | — | $4.75 |
| Shares outstanding | — | 726K | 2.6M | 267K | 2.6M | 255K | 2.5M | 2.5M | 2.5M | 2.5M | — | 2.5M |
| Current ratio | 0.15 | 0.15 | 1.48 | 1.48 | 1.51 | 1.03 | 0.85 | 0.43 | 0.42 | 0.85 | 0.85 | 0.93 |
| Quick ratio | 0.08 | 0.03 | 0.72 | 0.60 | 0.71 | 0.65 | 0.77 | 0.37 | 0.36 | 0.85 | 0.85 | 0.93 |
| Debt / equity | 7.21 | 1.31 | 7.90 | 6.93 | 3.88 | 171.55 | 2.09 | 1.25 | 0.26 | 0.01 | 0.01 | 0.01 |
| Equity / assets | 8.9% | 8.9% | 8.9% | 8.9% | 17.5% | 0.1% | 25.6% | 31.3% | 42.0% | 58.0% | 58.0% | 51.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed December 29, 2025); data from EODHD.
MLEC financial position
At the end of fiscal 2025 (June 30, 2025), Moolec Science had total assets of $204.7 million (up 488.5% from a year earlier), total liabilities of $287.6 million and shareholders' equity of -$66.0 million. It held $9.0 million in cash and short-term investments against $246.9 million of debt, net debt of $237.9 million. Its current ratio was 0.13. In the latest quarter (ended March 31, 2026) total assets were $103.4 million and equity $9.2 million.
Related: MLEC income statement, MLEC cash flow statement, MLEC key metrics. See the MLEC stock overview for the latest quote and news.
MLEC balance sheet FAQ
What are Moolec Science's total assets?
Moolec Science reported total assets of $204.7 million at the end of fiscal 2025 (June 30, 2025), compared with $34.8 million a year earlier.
How much debt does Moolec Science have?
Moolec Science had $246.9 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was —.
How much cash does Moolec Science have?
Moolec Science held $9.0 million in cash and short-term investments at the end of fiscal 2025; with $246.9 million of debt that is net debt of $237.9 million.
What is Moolec Science's book value?
Moolec Science's shareholders' equity (book value) was -$66.0 million at the end of fiscal 2025, or −$153.11 per share.
What is Moolec Science's current ratio?
Moolec Science had current assets of $31.2 million and current liabilities of $236.1 million, a current ratio of 0.13 (current liabilities exceed current assets).
How much goodwill does Moolec Science have?
Moolec Science carried $75.3 million of goodwill and intangible assets, 36.8% of total assets, at the end of fiscal 2025.