XML 76 R64.htm IDEA: XBRL DOCUMENT
v3.23.3

Financial Risk Management (Tables) | 12 Months Ended
--- | ---
Jun. 30, 2023
Financial Risk Management [Abstract] |
Schedule of Trade and Other Receivables | The following table sets forth details of the age of trade and other receivables:
As at |  | June 30, 2023 |  |  | June 30, 2022 |
To due become |  |  |  |  |  |
Up to 3 months |  | $ | 450,728 |  |  | $ | - |
Schedule of Contractual Maturity Date | The table below analyzes the Company’s financial liabilities into relevant maturity groupings based on the remaining period at the balance sheet to the contractual maturity date.
|  | Maturity date |  |  |  |  |  |  |
|  | Within 1 year or on demand |  |  | Between 1 and 2 years |  |  | Between 2 and 5 years |  |  | More than 5 years |  |  | Without any established term |  |  | Total |
June 30, 2023 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Trade Payables |  |  | 7,479,614 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 7,479,614 |
Other liabilities |  |  | 1,776,438 |  |  |  | 180,197 |  |  |  | - |  |  |  | - |  |  |  |  |  |  |  | 1,956,635 |
Financial debts |  |  | 2,578,100 |  |  |  | 72,831 |  |  |  | 108,638 |  |  |  | - |  |  |  | - |  |  |  | 2,759,569 |
Subtotal |  | $ | 11,834,152 |  |  | $ | 253,028 |  |  | $ | 108,638 |  |  | $ | - |  |  | $ | - |  |  | $ | 12,195,818 |
Warrant |  |  | 887,689 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 887,689 |
Subtotal |  | $ | 887,689 |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | 887,689 |
Total |  | $ | 12,721,841 |  |  | $ | 253,028 |  |  | $ | 108,638 |  |  | $ | - |  |  | $ | - |  |  | $ | 13,083,507 |
June 30, 2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Trade Payables |  |  | 1,226,213 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 1,226,213 |
Other liabilities |  |  | 1,171 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 1,171 |
Simply Agreement for Future Equity (“SAFE”) |  |  | 2,860,000 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 2,860,000 |
Subtotal |  | $ | 4,087,384 |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | 4,087,384 |
Total |  | $ | 4,087,384 |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ |  |  |  | $ | 4,087,384 |
Schedule of Foreign Currency Exchange Risk | The carrying amounts of the Group’s foreign currency denominated monetary assets and monetary liabilities at the reporting date are as follows:
|  | Assets |  |  | Liabilities |
Currency |  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
Argentine pesos |  |  | 765,690 |  |  |  | - |  |  |  | 50,073 |  |  |  | - |
U.S. Dollar |  |  | 368,186 |  |  |  | - |  |  |  | 2,227,751 |  |  |  | - |
Pound sterling |  |  | 22,062 |  |  |  | 8,025 |  |  |  | - |  |  |  | - |
|  | (+10%) Impact to profit or loss before tax |  |  | (-10%) Impact to profit or loss before tax |
|  | Assets |  |  | Liabilities |
Currency |  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
Argentine pesos |  |  | 76,569 |  |  |  | - |  |  |  | (5,007 | ) |  |  | - |
U.S. Dollar |  |  | 36,819 |  |  |  | - |  |  |  | (222,775 | ) |  |  | - |
Pound sterling |  |  | 2,206 |  |  |  | 803 |  |  |  | - |  |  |  | - |
Schedule of Fair Value and Carrying Value of Financial Instruments | Fair value and carrying value of financial instruments:
Recurring measurements |  | Note |  | As of June 30, 2023 |  |  | As of June 30, 2022 |
Financial Assets |  |  |  |  |  |  |  |
Amortized costs |  |  |  |  |  |  |  |
Cash and cash equivalents |  | (i) |  |  | 2,064,079 |  |  |  | 1,081,808 |
Trade and other receivables |  | (i) |  |  | 10,454,301 |  |  |  | 2,061 |
Fair value through profit or loss |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | (ii) |  |  | 463,594 |  |  |  | - |
Short-term investments |  | (ii) |  |  | 306,034 |  |  |  | - |
Total financial assets |  |  |  | $ | 13,288,008 |  |  | $ | 1,083,869 |
Financial Liabilities |  |  |  |  |  |  |  |
Amortized costs |  |  |  |  |  |  |  |
Trade and other payables |  | (i) |  |  | 9,340,571 |  |  |  | 1,227,384 |
Financial debt |  | (i) |  |  | 2,645,289 |  |  |  | - |
Fair value through profit or loss |  |  |  |  |  |  |  |  |  |
Simply Agreement for Future Equity (“SAFE”) |  |  |  |  | - |  |  |  | 2,860,000 |
Warrant liabilities |  | (ii) |  |  | 887,689 |  |  |  | - |
Total financial liabilities |  |  |  | $ | 12,873,549 |  |  | $ | 4,087,384 |
Net financial asset /(liability) |  |  |  | $ | 414,459 |  |  | $ | (3,003,515 | )
(i) | Cash, short-term investments, trade and other receivables, prepayments, trade and other payables, and loans payable are recorded at carrying value, which approximates fair value due to their short-term nature and generally negligible credit losses.
(ii) | Fair value of short-term investment and warrants has been determined using the quoted market price at the year end (level 1).
Schedule of Fixed-Rate Instruments | The Group has not entered into derivative contracts to hedge this exposure.
Fixed-rate instruments |  | As of June 30, 2023 |  |  | As of June 30, 2022 |  |  | As of June 30, 2021 |
Current financial liabilities |  |  | (2,546,243 | ) |  |  | - |  |  |  | - |
Non-current financial liabilities |  |  | (99,046 | ) |  |  | - |  |  |  | - |

X
- Definition The description of the entity's material accounting policy information for the currency of the primary economic environment in which the entity operates. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2023-01-01 -Paragraph 117 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2023-en-r&anchor=para_117&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_DescriptionOfAccountingPolicyForFunctionalCurrencyExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of the fair value of financial instruments. [Refer: Financial instruments, class [member]; At fair value [member]] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2023-01-01 -Paragraph 10 -Subparagraph e -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2023-en-r&anchor=para_10_e&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_DisclosureOfFairValueOfFinancialInstrumentsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingAbstract
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of trading income (expense). [Refer: Trading income (expense)] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2023-01-01 -Paragraph 10 -Subparagraph e -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2023-en-r&anchor=para_10_e&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_DisclosureOfTradingIncomeExpenseExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of a maturity analysis for derivative financial liabilities, including the remaining contractual maturities for those derivative financial liabilities for which contractual maturities are essential for an understanding of the timing of the cash flows. [Refer: Derivative financial liabilities] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2023-01-01 -Paragraph 39 -Subparagraph b -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2023-en-r&anchor=para_39_b&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_MaturityAnalysisForDerivativeFinancialLiabilities
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of fixed rate instruments. + References No definition available. + Details
Name: | mlec_DisclosureOfFixedRateInstruments
Namespace Prefix: | mlec_
Data Type: | dtr:textBlockItemType
Balance Type: | na
Period Type: | duration