CreditRiskMonitor delivers a highly accurate gauge on U.S. public company bankruptcy risk. In 2020, out of 85 occurrences of bankruptcy, our proprietary FRISK® score only missed predicting two bankruptcies. That amounts to a 97% rate of success during that time.
Unfortunately, bankruptcy fit Christopher & Banks Corporation perfectly, as the women's apparel retailer was walloped by economic downturn brought on by COVID-19.
Unfortunately, bankruptcy fit Christopher & Banks Corporation perfectly, as the women's apparel retailer was walloped by the economic downturn brought on by COVID-19.
In a special one-on-one interview, CreditRiskMonitor CEO Jerry Flum talks about the importance of monitoring financial risk in public companies with MicroCap Explosions President Mariusz Skonieczny.
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.
CreditRiskMonitor reported that revenues for the 3 months ended Mar. 31, 2020 increased 6% to $3.71 million compared to $3.50 million in last year’s first quarter.
CreditRiskMonitor has announced the arrival of Richard Lippe to the Company's Board of Directors, while longtime independent Board member Jeffrey Geisenheimer resigned.