Standard Mercantile Acquisition Corp. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was CAD 0.198625 million compared to CAD 0.178381 million a year ago. Net income was CAD 0.114386 million compared to CAD 0.029742 million a year ago. Basic earnings per share from continuing operations was CAD 0.02 compared to CAD 0.004 a year ago. Diluted earnings per share from continuing operations was CAD 0.01 compared to CAD 0.004 a year ago.
For the six months, revenue was CAD 0.399308 million compared to CAD 0.361166 million a year ago. Net income was CAD 0.196481 million compared to CAD 0.086162 million a year ago. Basic earnings per share from continuing operations was CAD 0.03 compared to CAD 0.01 a year ago. Diluted earnings per share from continuing operations was CAD 0.02 compared to CAD 0.01 a year ago.