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CreditRiskMonitor reported that operating revenues of $18 million, an increase of approximately $1 million or 5%, for the year ended December 31, 2022, as compared to 2021.

Chemical products manufacturer Venator Materials PLC is facing major headwinds in low product demand and high material and energy costs. Could the once-powerful British company be nearing an administration filing?

This Tech Review developed by Spend Matters highlights the AI-powered financial risk analytics solutions that have vaulted CreditRiskMonitor and SupplyChainMonitor towards best-in-class accuracy in predicting bankruptcy, as well as a company roadmap towards future innovation through automation and expanded private company coverage.

Highly leveraged Lucira Health, Inc., maker of at-home COVID-19 and flu tests, went bankrupt after pandemic restrictions universally eased and demand for company wares subsequently plummeted.

Bankruptcy has come for Tuesday Morning Corporation, the once-popular off-price retailer that buckled after lenders put the kibosh on the company’s ability to borrow additional money to finance operations.

For the second time in six years, Avaya Holdings Corporation is filing for bankruptcy protection. The multinational tech firm struggled to hit earnings targets in 2022 as it continues to fully convert its business model to the cloud.

CreditRiskMonitor® is pleased to announce it has been named to the 2023 OTCQX® Best 50, a ranking of top performing companies traded on the OTCQX Best Market last year.

The party's over. Party City Holdco put up a fight, but suffocating debt and supply chain woes forced the American retailer into Chapter 11 bankruptcy.

CreditRiskMonitor delivers a highly accurate gauge of U.S. public company bankruptcy risk. During the preceding three calendar years from 2020 to 2022, out of 352 occurrences of bankruptcy, our proprietary FRISK® score only missed predicting 17 bankruptcies. That amounts to a 96% rate of success during that time.