Moolec Science (MLEC) has released an update.
Moolec Science reports a robust third quarter for FY 2024 with key achievements including USDA-APHIS approval for their Piggy Sooy™ soybean product and the successful progression of their GLASO™ safflower planting campaign. Financially, the company saw an increase in normalized revenues by roughly $1.3 million year-over-year, although operational costs also rose, reflecting a strategic investment in their soy-protein ingredient business and research and development efforts. These milestones underscore Moolec’s commitment to sustainable and nutritional innovation in the food ingredient sector.
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