Armada Mercantile Ltd. announced earnings results for the second quarter ended August 31, 2020. For the second quarter, the company announced total revenue was CAD 147,875 compared to CAD 45,905 a year ago. Net income was CAD 40,813 compared to net loss of CAD 124,543 a year ago. For the half year, total revenue was CAD 227,809 compared to CAD 87,946 a year ago. Net income was CAD 95,733 compared to net loss of CAD 175,273 a year ago. Basic earnings per share from continuing operations was CAD 0.01.