Moolec Science Presents Third Quarter Fiscal Year 2024 Business Update [Yahoo! Finance]
Moolec Science SA (MLEC)
Company Research
Source: Yahoo! Finance
in plants through Molecular Farming technology, announced today its Business Update for the third quarter of Fiscal Year 2024 ended March 31, 2024. The main highlights of Moolec's business update are as follows: Piggy Sooy™ Product | Soybean Platform: Moolec's patented soybean product received USDA-APHIS Regulatory Status Review approval in April 2024. Safflower Platform: GLASO™ planting campaign progressing as expected. Two US Patents granted for production of chymosin in safflower seeds (SPC2) extended exclusive technology protection until 2041. Financial highlight: Normalized revenues and other income (Ex-IAS 29) up ~$1.3M YoY given consolidation of soy-protein ingredient business. R&D, Admin and other expenses of $2.3M increased 68% YoY mainly due to non-cash items. Operational cash utilization this quarter of ~$2.6M includes ~$1.4M allocated to lower accounts payable. "These past few months mark a significant milestone in Moolec's journey, showcasing our relentless purs
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News
- Molecular Pharming Market in the North America is Expected to Register the Highest Share in Revenue Shortly - Says InsightAce Analytic [Yahoo! Finance]Yahoo! Finance
- Moolec Science Presents Third Quarter Fiscal Year 2024 Business UpdateAccesswire
- Moolec Science to Host Third Quarter Fiscal Year 2024 Business Update Conference Call [Yahoo! Finance]Yahoo! Finance
- Moolec Science to Host Third Quarter Fiscal Year 2024 Business Update Conference CallAccesswire
- Molecular Farming: The Emergence of Global Markets [Yahoo! Finance]Yahoo! Finance
MLEC
Earnings
- 3/13/24 - In-Line
MLEC
Sec Filings
- 5/31/24 - Form 6-K
- 5/24/24 - Form 6-K
- 4/30/24 - Form 6-K
- MLEC's page on the SEC website