CreditRiskMonitor is announcing the launch of SupplyChainMonitor, a brand-new sister platform serving the company's rapidly expanding clientele working in procurement, at the Institute for Supply Management's ISM World 2022 event on May 23.
CreditRiskMonitor reported that operating revenues for the year ended Dec. 31, 2021, increased to approximately $17 million up 8.5% from $15.7 million in 2020.
CreditRiskMonitor announced preliminary results of operation for twelve months ended Dec. 31, 2021. Revenue grew to approximately $17 million and Operating Income grew to approximately $2 million plus.
CreditRiskMonitor reported that operating revenues increased approximately $286,000, or 7%, for the three months ended Sept. 30, 2021, compared to the third quarter of fiscal 2020.
CreditRiskMonitor’s loan forgiveness was processed by the SBA (Small Business Administration) and our PPP (Payroll Protection Program) loan has been fully forgiven. This loan is now considered paid in full by SBA.
Resilinc Corporation and CreditRiskMonitor.com, Inc. are forming a partnership, aiming to enable Fortune 1000 organizations to achieve greater visibility when it comes to gauging financial health of suppliers and overall supply chain risk.
CreditRiskMonitor management remains cautiously optimistic about the rest of the year, as many of our subscribers continue to struggle through the COVID-19 economic downturn and are implementing cost-cutting measures.
As a result of the COVID-19 restrictions put in place by the State of New York, the Annual Meeting of Stockholders of CreditRiskMonitor.com, Inc. will be held telephonically by means of remote communication.
CreditRiskMonitor is proud to announce a new partnership with Esker, a worldwide leader in AI-driven process automation software used by more than 6,000 companies worldwide.