Soupman Inc. reported earnings results for the first quarter ended November 30, 2015. Net revenue increased by 12.5% to $0.7 million, compared to the three months ended November 30, 2014, due to strong growth in Tetra Pak sales. Operating loss was $0.4 million in the first quarter of fiscal 2016 compared to a $0.5 million operating loss in the first quarter of fiscal 2015.

Net loss was $0.7 million, or $0.01 per share, compared to net loss of $1.1 million, or $0.02 per share for the three months ended November 30, 2014. Total sales increased 12.5%, led by a 63% increase in Tetra Pak sales to national supermarket customers.