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Side-by-side financial comparison of Ensysce Biosciences, Inc. (ENSC) and Moolec Science SA (MLEC). Click either name above to swap in a different company.

Moolec Science SA is the larger business by last-quarter revenue ($2.6M vs $1.9M, roughly 1.4× Ensysce Biosciences, Inc.). Moolec Science SA runs the higher net margin — -91.8% vs -147.0%, a 55.2% gap on every dollar of revenue.

Ensysce Biosciences, Inc. is a clinical-stage biotechnology firm specializing in developing innovative prodrug therapies for pain management and oncology indications. Its proprietary platform is designed to reduce opioid abuse risks while enhancing treatment efficacy, targeting global healthcare and pharmaceutical markets with a focus on unmet clinical needs.

Moolec Science SA is a global agricultural biotechnology and food technology company specializing in molecular farming. It uses engineered crop platforms to produce sustainable, cost-competitive animal-derived proteins for use in alternative meat, dairy products and food ingredients, serving food manufacturers, agribusinesses and consumer goods brands across North America, Europe and Latin America.

ENSC vs MLEC — Head-to-Head

Bigger by revenue
MLEC
MLEC
1.4× larger
MLEC
$2.6M
$1.9M
ENSC
Higher net margin
MLEC
MLEC
55.2% more per $
MLEC
-91.8%
-147.0%
ENSC

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
ENSC
ENSC
MLEC
MLEC
Revenue
$1.9M
$2.6M
Net Profit
$-2.8M
$-2.4M
Gross Margin
-25.5%
Operating Margin
-147.8%
-77.9%
Net Margin
-147.0%
-91.8%
Revenue YoY
44.4%
Net Profit YoY
22.3%
EPS (diluted)
$-0.51
$-0.06

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ENSC
ENSC
MLEC
MLEC
Q4 25
$1.9M
Q3 25
$493.1K
Q2 25
$1.4M
Q1 25
$1.3M
Q4 24
$1.3M
$2.6M
Q3 24
$3.4M
Q4 23
$515.0K
Q3 23
$435.4K
$1.7M
Net Profit
ENSC
ENSC
MLEC
MLEC
Q4 25
$-2.8M
Q3 25
$-3.7M
Q2 25
$-1.7M
Q1 25
$-1.9M
Q4 24
$-3.6M
$-2.4M
Q3 24
$661.8K
Q4 23
$-3.5M
Q3 23
$-2.7M
$-1.6M
Gross Margin
ENSC
ENSC
MLEC
MLEC
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
-25.5%
Q3 24
Q4 23
Q3 23
12.7%
Operating Margin
ENSC
ENSC
MLEC
MLEC
Q4 25
-147.8%
Q3 25
-758.7%
Q2 25
-127.6%
Q1 25
-149.1%
Q4 24
-274.3%
-77.9%
Q3 24
18.9%
Q4 23
-612.7%
Q3 23
-621.8%
-130.3%
Net Margin
ENSC
ENSC
MLEC
MLEC
Q4 25
-147.0%
Q3 25
-756.3%
Q2 25
-126.4%
Q1 25
-147.4%
Q4 24
-273.4%
-91.8%
Q3 24
19.4%
Q4 23
-680.4%
Q3 23
-618.0%
-91.4%
EPS (diluted)
ENSC
ENSC
MLEC
MLEC
Q4 25
$-0.51
Q3 25
$-1.29
Q2 25
$-0.79
Q1 25
$-1.39
Q4 24
$-0.89
$-0.06
Q3 24
$1.00
Q4 23
$-66.47
Q3 23
$-0.87
$-0.04

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ENSC
ENSC
MLEC
MLEC
Cash + ST InvestmentsLiquidity on hand
$4.3M
$1.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.2M
$2.8M
Total Assets
$7.5M
$31.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ENSC
ENSC
MLEC
MLEC
Q4 25
$4.3M
Q3 25
$1.7M
Q2 25
$2.2M
Q1 25
$3.1M
Q4 24
$3.5M
$1.9M
Q3 24
$4.2M
Q4 23
$1.1M
Q3 23
$1.5M
$853.6K
Stockholders' Equity
ENSC
ENSC
MLEC
MLEC
Q4 25
$3.2M
Q3 25
$1.2M
Q2 25
$3.4M
Q1 25
$3.0M
Q4 24
$3.7M
$2.8M
Q3 24
$6.9M
Q4 23
$-322.9K
Q3 23
$1.5M
$8.9M
Total Assets
ENSC
ENSC
MLEC
MLEC
Q4 25
$7.5M
Q3 25
$3.2M
Q2 25
$5.6M
Q1 25
$4.6M
Q4 24
$5.6M
$31.4M
Q3 24
$9.4M
Q4 23
$2.7M
Q3 23
$3.2M
$22.5M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ENSC
ENSC
MLEC
MLEC
Operating Cash FlowLast quarter
$-1.5M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
4.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ENSC
ENSC
MLEC
MLEC
Q4 25
$-1.5M
Q3 25
$-1.9M
Q2 25
$-2.7M
Q1 25
$-1.7M
Q4 24
$-764.1K
Q3 24
$-1.0M
Q4 23
$-1.8M
Q3 23
$-2.3M
$-1.7M
Free Cash Flow
ENSC
ENSC
MLEC
MLEC
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q4 23
Q3 23
$-1.8M
FCF Margin
ENSC
ENSC
MLEC
MLEC
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q4 23
Q3 23
-106.2%
Capex Intensity
ENSC
ENSC
MLEC
MLEC
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
4.4%
Q3 24
Q4 23
Q3 23
6.0%
Cash Conversion
ENSC
ENSC
MLEC
MLEC
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
-1.54×
Q4 23
Q3 23

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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