Namaste Technologies Inc. reported unaudited earnings results for the first quarter ended of November 30, 2016. For the quarter, the company's net revenue of $2,087,188 against of $1,175,341 a year ago, an increase of 77.6% as compared to the first quarter of 2016. The company generated gross profit of $683,016, an increase of 75.9% from the first quarter of 2016. Comprehensive loss was $897,072 against of $125,644 for the same period a year ago.

For the full year of 2017, the company anticipates to result in profitability and positive cash flow generation in fiscal 2017.