Standard Mercantile Acquisition Corp. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported revenue was CAD 0.200684 million compared to CAD 0.182785 million a year ago.

Net income was CAD 0.082096 million compared to CAD 0.05642 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.