Standard Mercantile Acquisition Corp. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was CAD 0.024188 million compared to CAD 0.201175 million a year ago. Net loss was CAD 0.075266 million compared to net income of CAD 0.101295 million a year ago. Basic loss per share from continuing operations was CAD 0.01 compared to basic earnings per share from continuing operations of CAD 0.01 a year ago. Diluted loss per share from continuing operations was CAD 0.01 compared to diluted earnings per share from continuing operations of CAD 0.01 a year ago.
For the nine months, revenue was CAD 0.423496 million compared to CAD 0.562342 million a year ago. Net income was CAD 0.121216 million compared to CAD 0.187458 million a year ago. Basic earnings per share from continuing operations was CAD 0.02 compared to CAD 0.03 a year ago. Diluted earnings per share from continuing operations was CAD 0.02 compared to CAD 0.02 a year ago.