CreditRiskMonitor Announces First Quarter Results
Rhea-AI Summary
CreditRiskMonitor (OTCQX:CRMZ) reported first quarter fiscal 2026 revenue of $5.0 million, up about $115,000 or 2% year over year.
The company recorded an operating loss of $93,000, which improved by roughly $119,000, and net income of $58,000, down about $101,000 or 63% versus Q1 2025.
Management highlighted ongoing transformation initiatives, including senior technology hires, AI-driven workflow productivity, and multiple platform enhancements. Rising commercial bankruptcy filings and heightened supply-chain financial risk are contributing to greater interest in the company’s SupplyChainMonitor™ product and risk analytics.
Positive
- Q1 2026 revenue of $5.0 million, up approximately $115,000 or 2% year over year
- Operating loss reduced to about $93,000, an improvement of roughly $119,000 versus Q1 2025
- Net income positive at approximately $58,000 in Q1 2026
- Ongoing transformation initiatives with new senior technology leadership and AI productivity gains
- New platform features, including customizable A/R portfolio views and enhanced news intelligence engine
- Heightened demand indicators for SupplyChainMonitor™ through increased demonstrations and trial requests
Negative
- Net income declined by about $101,000, or 63%, to approximately $58,000 year over year
- Company still reporting an operating loss of roughly $93,000 in Q1 2026
- Higher operating expenses driven by senior technology leadership additions and professional services for transformation initiatives
AI-generated analysis. How Rhea-AI works. Not financial advice.
TARRYTOWN, NY / ACCESS Newswire / May 12, 2026 / CreditRiskMonitor.com, Inc. (OTCQX:CRMZ) reported revenues of
Mike Flum, CEO, said, "The first quarter of 2026 reflected continued progress on our transformation initiatives against an increasingly severe macroeconomic backdrop. Internally, our lead pipeline is becoming more disciplined with lead scoring informing sales prioritization, KPI-driven workflows are sharpening our Client Success team's focus on retention, and we are seeing early productivity gains from AI applications in our data extraction and transformation workflows. Assimilating these use cases into agentic workflows is a major near-term focus for our Data Quality and Engineering teams. On the product side, we released several meaningful platform enhancements, including customizable A/R portfolio views with risk-level filtering, map views with real-time weather data overlays, and an upgraded news intelligence engine that reduces redundancy and surfaces more material alerts for our subscribers.
The macroeconomic environment continues to validate demand for our products and is growing more acute. Commercial Chapter 11 bankruptcy filings in April 2026 were up
A full copy of the financial statements can be found at https://crmz.ir.edgar-online.com/
Overview
reditRiskMonitor.com, Inc. (creditriskmonitor.com) sells a suite of web-based, SaaS subscription products providing access to comprehensive commercial credit reports, bankruptcy risk analytics, financial and payment information, and curated news on public and private companies worldwide. Our primary SaaS subscription products for analyzing commercial financial risk are CreditRiskMonitor® and SupplyChainMonitor™. These products help corporate credit and procurement professionals stay ahead of and manage financial risk more quickly, accurately, and cost-effectively. Our subscribers include nearly
To help subscribers prioritize and monitor counterparty financial risk, our SaaS platforms offer the proprietary FRISK® and PAYCE® Scores as well as the FAST Rating, the well-known Altman Z"-Score, agency ratings from key Nationally Recognized Statistical Rating Organizations ("NRSROs"), curated news, and detailed financial spreads & ratios. Our FRISK® and PAYCE® Scores are financial distress classification models that measure a business's probability of bankruptcy within a year. The FRISK® score also includes a risk signal based on the aggregate research behaviors of our subscribers, who control counterparty access to trade credit at some of the most sophisticated companies in the world. The inclusion of this risk signal boosts the overall accuracy of this bankruptcy analytic by lowering the false positive rate for the riskiest corporations.
Through its Trade Contributor Program, the Company receives monthly confidential accounts receivables data from hundreds of subscribers and non-subscribers, which it parses, processes, aggregates, and reports to summarize the invoice payment behavior of B2B counterparties without disclosing the specific contributors of this information. The size of the Trade Contributor Program's current annualized trade credit transaction data is approximately
Safe Harbor Statement
Certain statements in this press release, including statements prefaced by the words "anticipates", "estimates", "believes", "expects" or words of similar meaning, constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, expectations or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements, including, among others, risks associated with the COVID-19 pandemic and those risks, uncertainties and factors referenced from time to time as "risk factors" or otherwise in the Company's Registration Statements or Securities and Exchange Commission Reports. We disclaim any intention or obligation to revise any forward-looking statements, whether as a result of new information, a future event, or otherwise.
CONTACT:
CreditRiskMonitor.com, Inc.
Mike Flum, Chief Executive Officer
(845) 230-3037
ir@creditriskmonitor.com
SOURCE: CreditRiskMonitor.com, Inc.
View the original press release on ACCESS Newswire