Standard Mercantile Acquisition Corp. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was CAD 0.201175 million compared to CAD 0.242743 million a year ago. Net income was CAD 0.101295 million compared to CAD 0.06406 million a year ago. Basic earnings per share from continuing operations was CAD 0.01 compared to CAD 0.01 a year ago. Diluted earnings per share from continuing operations was CAD 0.01 compared to CAD 0.01 a year ago.
For the nine months, revenue was CAD 0.562342 million compared to CAD 0.736177 million a year ago. Net income was CAD 0.187458 million compared to CAD 0.157011 million a year ago. Basic earnings per share from continuing operations was CAD 0.03 compared to CAD 0.02 a year ago. Diluted earnings per share from continuing operations was CAD 0.02 compared to CAD 0.02 a year ago.