Standard Mercantile Acquisition Corp. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported net income was CAD 0.475127 million compared to CAD 0.60464 million a year ago.

Basic earnings per share from continuing operations was CAD 0.06 compared to CAD 0.08 a year ago. Diluted earnings per share from continuing operations was CAD 0.06 compared to CAD 0.08 a year ago.