vs

Side-by-side financial comparison of INSPIRE VETERINARY PARTNERS, INC. (IVP) and Moolec Science SA (MLEC). Click either name above to swap in a different company.

INSPIRE VETERINARY PARTNERS, INC. is the larger business by last-quarter revenue ($4.3M vs $2.6M, roughly 1.6× Moolec Science SA). INSPIRE VETERINARY PARTNERS, INC. runs the higher net margin — -58.5% vs -91.8%, a 33.3% gap on every dollar of revenue.

Inspire Veterinary Partners, Inc. is a U.S.-based operator of companion animal veterinary clinics. It delivers full-spectrum pet healthcare services including preventive care, diagnostic testing, surgery, dental care, and emergency treatment for dogs, cats and other small pets, serving communities across multiple U.S. states.

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.

IVP vs MLEC — Head-to-Head

Bigger by revenue
IVP
IVP
1.6× larger
IVP
$4.3M
$2.6M
MLEC
Higher net margin
IVP
IVP
33.3% more per $
IVP
-58.5%
-91.8%
MLEC

Income Statement — Q3 FY2025 vs Q2 FY2025

Metric
IVP
IVP
MLEC
MLEC
Revenue
$4.3M
$2.6M
Net Profit
$-2.5M
$-2.4M
Gross Margin
-25.5%
Operating Margin
-45.6%
-77.9%
Net Margin
-58.5%
-91.8%
Revenue YoY
6.6%
Net Profit YoY
27.6%
EPS (diluted)
$-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
IVP
IVP
MLEC
MLEC
Q3 25
$4.3M
Q2 25
$4.3M
Q1 25
$3.6M
Q4 24
$3.3M
$2.6M
Q3 24
$4.0M
Q2 24
$4.4M
Q1 24
$4.8M
Q3 23
$4.1M
$1.7M
Net Profit
IVP
IVP
MLEC
MLEC
Q3 25
$-2.5M
Q2 25
$-3.0M
Q1 25
$-2.4M
Q4 24
$-4.0M
$-2.4M
Q3 24
$-3.5M
Q2 24
$-3.4M
Q1 24
$-3.4M
Q3 23
$-7.9M
$-1.6M
Gross Margin
IVP
IVP
MLEC
MLEC
Q3 25
Q2 25
Q1 25
Q4 24
-25.5%
Q3 24
Q2 24
Q1 24
Q3 23
12.7%
Operating Margin
IVP
IVP
MLEC
MLEC
Q3 25
-45.6%
Q2 25
-61.1%
Q1 25
-55.2%
Q4 24
-46.2%
-77.9%
Q3 24
-55.2%
Q2 24
-54.5%
Q1 24
-59.2%
Q3 23
-68.7%
-130.3%
Net Margin
IVP
IVP
MLEC
MLEC
Q3 25
-58.5%
Q2 25
-70.8%
Q1 25
-66.4%
Q4 24
-119.4%
-91.8%
Q3 24
-86.2%
Q2 24
-77.1%
Q1 24
-70.8%
Q3 23
-191.4%
-91.4%
EPS (diluted)
IVP
IVP
MLEC
MLEC
Q3 25
Q2 25
Q1 25
Q4 24
$-0.06
Q3 24
Q2 24
Q1 24
Q3 23
$-0.04

Balance Sheet & Financial Strength

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

Metric
IVP
IVP
MLEC
MLEC
Cash + ST InvestmentsLiquidity on hand
$1.9M
Total DebtLower is stronger
$11.8M
Stockholders' EquityBook value
$4.2M
$2.8M
Total Assets
$24.0M
$31.4M
Debt / EquityLower = less leverage
2.82×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IVP
IVP
MLEC
MLEC
Q3 25
Q2 25
Q1 25
Q4 24
$523.7K
$1.9M
Q3 24
$681.2K
Q2 24
$7.7K
Q1 24
$69.1K
Q3 23
$2.0M
$853.6K
Total Debt
IVP
IVP
MLEC
MLEC
Q3 25
$11.8M
Q2 25
$12.0M
Q1 25
$11.5M
Q4 24
$12.0M
Q3 24
$12.4M
Q2 24
$14.6M
Q1 24
Q3 23
Stockholders' Equity
IVP
IVP
MLEC
MLEC
Q3 25
$4.2M
Q2 25
$446.3K
Q1 25
$3.0M
Q4 24
$1.6M
$2.8M
Q3 24
$3.0M
Q2 24
$-3.1M
Q1 24
$269.9K
Q3 23
$2.7M
$8.9M
Total Assets
IVP
IVP
MLEC
MLEC
Q3 25
$24.0M
Q2 25
$20.8M
Q1 25
$20.7M
Q4 24
$20.2M
$31.4M
Q3 24
$22.4M
Q2 24
$21.9M
Q1 24
$23.4M
Q3 23
$21.3M
$22.5M
Debt / Equity
IVP
IVP
MLEC
MLEC
Q3 25
2.82×
Q2 25
26.96×
Q1 25
3.84×
Q4 24
7.67×
Q3 24
4.10×
Q2 24
Q1 24
Q3 23

Cash Flow & Capital Efficiency

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

Metric
IVP
IVP
MLEC
MLEC
Operating Cash FlowLast quarter
$-1.3M
Free Cash FlowOCF − Capex
$-1.3M
FCF MarginFCF / Revenue
-30.7%
Capex IntensityCapex / Revenue
1.0%
4.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-4.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IVP
IVP
MLEC
MLEC
Q3 25
$-1.3M
Q2 25
$-898.3K
Q1 25
$-1.4M
Q4 24
$-677.5K
Q3 24
$-6.3M
Q2 24
$149.7K
Q1 24
$-3.2M
Q3 23
$-1.7M
Free Cash Flow
IVP
IVP
MLEC
MLEC
Q3 25
$-1.3M
Q2 25
$-910.9K
Q1 25
$-1.4M
Q4 24
$-709.4K
Q3 24
$-6.3M
Q2 24
$126.0K
Q1 24
$-3.3M
Q3 23
$-1.8M
FCF Margin
IVP
IVP
MLEC
MLEC
Q3 25
-30.7%
Q2 25
-21.3%
Q1 25
-38.3%
Q4 24
-21.4%
Q3 24
-156.4%
Q2 24
2.9%
Q1 24
-68.8%
Q3 23
-106.2%
Capex Intensity
IVP
IVP
MLEC
MLEC
Q3 25
1.0%
Q2 25
0.3%
Q1 25
0.6%
Q4 24
1.0%
4.4%
Q3 24
0.6%
Q2 24
0.5%
Q1 24
3.2%
Q3 23
6.0%

Financial Flow Comparison

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

Revenue Breakdown by Segment

IVP
IVP

Services$3.1M73%
Products$1.2M27%

MLEC
MLEC

Segment breakdown not available.

Related Comparisons