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Side-by-side financial comparison of Moolec Science SA (MLEC) and Oatly Group AB (OTLY). Click either name above to swap in a different company.

Oatly Group AB is the larger business by last-quarter revenue ($456.6M vs $2.6M, roughly 172.8× Moolec Science SA). Oatly Group AB runs the higher net margin — -18.5% vs -91.8%, a 73.3% gap on every dollar of revenue.

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.

Oatly Group AB is a Swedish food company, publicly traded on the American stock market, that produces alternatives to dairy products from oats, including oat milk. Oatly was formed in the 1990s using research from Lund University. Oatly has headquarters in Malmö and a production and development centre in Landskrona.

MLEC vs OTLY — Head-to-Head

Bigger by revenue
OTLY
OTLY
172.8× larger
OTLY
$456.6M
$2.6M
MLEC
Higher net margin
OTLY
OTLY
73.3% more per $
OTLY
-18.5%
-91.8%
MLEC

Income Statement — Q2 2025 vs Q4 2025

Metric
MLEC
MLEC
OTLY
OTLY
Revenue
$2.6M
$456.6M
Net Profit
$-2.4M
$-84.6M
Gross Margin
-25.5%
32.2%
Operating Margin
-77.9%
-5.9%
Net Margin
-91.8%
-18.5%
Revenue YoY
8.1%
Net Profit YoY
32.8%
EPS (diluted)
$-0.06
$-0.14

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
MLEC
MLEC
OTLY
OTLY
Q4 25
$456.6M
Q2 25
$208.4M
Q4 24
$2.6M
$422.3M
Q2 24
$202.2M
Q3 23
$1.7M
Net Profit
MLEC
MLEC
OTLY
OTLY
Q4 25
$-84.6M
Q2 25
$-55.9M
Q4 24
$-2.4M
$-126.0M
Q2 24
$-30.4M
Q3 23
$-1.6M
Gross Margin
MLEC
MLEC
OTLY
OTLY
Q4 25
32.2%
Q2 25
32.5%
Q4 24
-25.5%
29.3%
Q2 24
29.2%
Q3 23
12.7%
Operating Margin
MLEC
MLEC
OTLY
OTLY
Q4 25
-5.9%
Q2 25
-10.6%
Q4 24
-77.9%
-28.1%
Q2 24
-19.3%
Q3 23
-130.3%
Net Margin
MLEC
MLEC
OTLY
OTLY
Q4 25
-18.5%
Q2 25
-26.9%
Q4 24
-91.8%
-29.8%
Q2 24
-15.1%
Q3 23
-91.4%
EPS (diluted)
MLEC
MLEC
OTLY
OTLY
Q4 25
$-0.14
Q2 25
$-0.09
Q4 24
$-0.06
$-0.21
Q2 24
$-0.05
Q3 23
$-0.04

Balance Sheet & Financial Strength

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

Metric
MLEC
MLEC
OTLY
OTLY
Cash + ST InvestmentsLiquidity on hand
$1.9M
$64.3M
Total DebtLower is stronger
$523.0M
Stockholders' EquityBook value
$2.8M
$19.7M
Total Assets
$31.4M
$787.2M
Debt / EquityLower = less leverage
26.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MLEC
MLEC
OTLY
OTLY
Q4 25
$64.3M
Q2 25
$67.9M
Q4 24
$1.9M
$98.9M
Q2 24
$142.7M
Q3 23
$853.6K
Total Debt
MLEC
MLEC
OTLY
OTLY
Q4 25
$523.0M
Q2 25
$120.6M
Q4 24
$446.4M
Q2 24
Q3 23
Stockholders' Equity
MLEC
MLEC
OTLY
OTLY
Q4 25
$19.7M
Q2 25
$96.7M
Q4 24
$2.8M
$106.1M
Q2 24
$245.8M
Q3 23
$8.9M
Total Assets
MLEC
MLEC
OTLY
OTLY
Q4 25
$787.2M
Q2 25
$803.1M
Q4 24
$31.4M
$804.0M
Q2 24
Q3 23
$22.5M
Debt / Equity
MLEC
MLEC
OTLY
OTLY
Q4 25
26.59×
Q2 25
1.25×
Q4 24
4.21×
Q2 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
MLEC
MLEC
OTLY
OTLY
Operating Cash FlowLast quarter
$-8.7M
Free Cash FlowOCF − Capex
$-11.3M
FCF MarginFCF / Revenue
-2.5%
Capex IntensityCapex / Revenue
4.4%
0.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-189.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MLEC
MLEC
OTLY
OTLY
Q4 25
$-8.7M
Q2 25
$-15.0M
Q4 24
$-28.4M
Q2 24
$-86.0M
Q3 23
$-1.7M
Free Cash Flow
MLEC
MLEC
OTLY
OTLY
Q4 25
$-11.3M
Q2 25
$-24.8M
Q4 24
$-47.9M
Q2 24
$-105.7M
Q3 23
$-1.8M
FCF Margin
MLEC
MLEC
OTLY
OTLY
Q4 25
-2.5%
Q2 25
-11.9%
Q4 24
-11.3%
Q2 24
-52.3%
Q3 23
-106.2%
Capex Intensity
MLEC
MLEC
OTLY
OTLY
Q4 25
0.6%
Q2 25
4.7%
Q4 24
4.4%
4.6%
Q2 24
9.7%
Q3 23
6.0%

Financial Flow Comparison

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

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