Armada Mercantile Ltd. reported earnings results for the third quarter and nine months ended November 30, 2022. For the third quarter, the company reported revenue was CAD 0.11664 million compared to CAD 0.057813 million a year ago. Net income was CAD 0.16072 million compared to CAD 0.034531 million a year ago.
For the nine months, revenue was CAD 0.311306 million compared to CAD 0.204086 million a year ago. Net income was CAD 0.284554 million compared to CAD 0.048722 million a year ago. Basic earnings per share from continuing operations was CAD 0.01 compared to CAD 0.01 a year ago.