Armada Mercantile Ltd. announced earnings results for the third quarter ended November 30, 2018. For the third quarter, the company announced total revenue was CAD 50,149 compared to CAD 26,631 a year ago. Net loss was CAD 73,406 compared to net income of CAD 201,186 a year ago. For the nine months, total revenue was CAD 105,069 compared to CAD 61,770 a year ago. Net loss was CAD 119,218 compared to net income of CAD 35,790 a year ago.