CreditRiskMonitor (OTCQX:CRMZ) reported its Q1 2025 financial results, showing modest growth with revenues of $4.9 million, up 1% year-over-year. The company's operating income increased by $61,000 to reach $25,000, while net income grew 25% to $159,000. CEO Mike Flum highlighted plans to improve team efficiency through AI implementation and new hires, despite expectations of higher short-term expenses. The company noted increased product demonstration demand amid rising bankruptcy rates and global trade disruptions, though deal closures are experiencing delays due to market volatility. CreditRiskMonitor provides SaaS subscription products for commercial credit reports and bankruptcy risk analytics, serving nearly 40% of Fortune 1000 companies with their FRISK® and PAYCE® scoring systems.
CreditRiskMonitor (OTCQX:CRMZ) ha riportato i risultati finanziari del primo trimestre 2025, mostrando una crescita modesta con ricavi di 4,9 milioni di dollari, in aumento dell'1% rispetto all'anno precedente. L'utile operativo dell'azienda è cresciuto di 61.000 dollari raggiungendo 25.000 dollari, mentre l'utile netto è aumentato del 25% a 159.000 dollari. Il CEO Mike Flum ha sottolineato i piani per migliorare l'efficienza del team attraverso l'implementazione dell'IA e nuove assunzioni, nonostante la previsione di spese a breve termine più elevate. L'azienda ha evidenziato una maggiore domanda di dimostrazioni di prodotto in un contesto di aumento dei tassi di fallimento e interruzioni nel commercio globale, anche se le chiusure dei contratti stanno subendo ritardi a causa della volatilità del mercato. CreditRiskMonitor offre prodotti in abbonamento SaaS per rapporti di credito commerciale e analisi del rischio di fallimento, servendo quasi il 40% delle aziende Fortune 1000 con i loro sistemi di punteggio FRISK® e PAYCE®.
CreditRiskMonitor (OTCQX:CRMZ) reportó sus resultados financieros del primer trimestre de 2025, mostrando un crecimiento modesto con ingresos de 4,9 millones de dólares, un aumento del 1% interanual. El ingreso operativo de la compañía aumentó en 61,000 dólares alcanzando 25,000 dólares, mientras que el ingreso neto creció un 25% hasta 159,000 dólares. El CEO Mike Flum destacó los planes para mejorar la eficiencia del equipo mediante la implementación de IA y nuevas contrataciones, a pesar de esperar mayores gastos a corto plazo. La empresa señaló un aumento en la demanda de demostraciones de productos en medio del aumento de las tasas de bancarrota y las interrupciones en el comercio global, aunque el cierre de acuerdos está experimentando retrasos debido a la volatilidad del mercado. CreditRiskMonitor ofrece productos de suscripción SaaS para informes de crédito comercial y análisis de riesgo de bancarrota, sirviendo a casi el 40% de las empresas Fortune 1000 con sus sistemas de puntuación FRISK® y PAYCE®.
CreditRiskMonitor(OTCQX:CRMZ)는 2025년 1분기 재무 결과를 발표하며 매출이 490만 달러로 전년 대비 1% 증가하는 등 소폭의 성장을 보였습니다. 회사의 영업이익은 61,000달러 증가해 25,000달러를 기록했고, 순이익은 25% 증가해 159,000달러에 달했습니다. CEO 마이크 플럼은 단기 비용 증가가 예상되지만 AI 도입과 신규 채용을 통해 팀 효율성을 개선할 계획임을 강조했습니다. 회사는 파산률 상승과 글로벌 무역 혼란 속에서 제품 시연 수요가 증가했으나, 시장 변동성으로 인해 계약 체결이 지연되고 있다고 밝혔습니다. CreditRiskMonitor는 상업 신용 보고서 및 파산 위험 분석을 위한 SaaS 구독 제품을 제공하며, FRISK® 및 PAYCE® 점수 시스템을 통해 포춘 1000대 기업의 약 40%를 지원하고 있습니다.
CreditRiskMonitor (OTCQX:CRMZ) a publié ses résultats financiers du premier trimestre 2025, affichant une croissance modeste avec un chiffre d'affaires de 4,9 millions de dollars, en hausse de 1 % sur un an. Le résultat d'exploitation de la société a augmenté de 61 000 dollars pour atteindre 25 000 dollars, tandis que le bénéfice net a progressé de 25 % pour atteindre 159 000 dollars. Le PDG Mike Flum a souligné les plans visant à améliorer l'efficacité de l'équipe grâce à la mise en œuvre de l'IA et à de nouvelles embauches, malgré la prévision de dépenses à court terme plus élevées. L'entreprise a noté une demande accrue de démonstrations de produits dans un contexte de hausse des taux de faillite et de perturbations du commerce mondial, bien que la conclusion des accords subisse des retards en raison de la volatilité du marché. CreditRiskMonitor propose des produits d'abonnement SaaS pour les rapports de crédit commercial et l'analyse des risques de faillite, desservant près de 40 % des entreprises du Fortune 1000 avec leurs systèmes de notation FRISK® et PAYCE®.
CreditRiskMonitor (OTCQX:CRMZ) veröffentlichte seine Finanzergebnisse für das erste Quartal 2025 und verzeichnete ein moderates Wachstum mit Einnahmen von 4,9 Millionen US-Dollar, ein Anstieg von 1 % im Jahresvergleich. Das Betriebsergebnis des Unternehmens stieg um 61.000 US-Dollar auf 25.000 US-Dollar, während der Nettogewinn um 25 % auf 159.000 US-Dollar zunahm. CEO Mike Flum hob Pläne hervor, die Effizienz des Teams durch den Einsatz von KI und Neueinstellungen zu verbessern, trotz erwarteter höherer kurzfristiger Ausgaben. Das Unternehmen verzeichnete eine erhöhte Nachfrage nach Produktdemonstrationen angesichts steigender Insolvenzraten und globaler Handelsstörungen, wobei Vertragsabschlüsse aufgrund der Marktvolatilität Verzögerungen erfahren. CreditRiskMonitor bietet SaaS-Abonnementprodukte für gewerbliche Bonitätsberichte und Insolvenzrisikoanalysen an und bedient fast 40 % der Fortune 1000-Unternehmen mit ihren FRISK®- und PAYCE®-Bewertungssystemen.
Positive
Revenue increased by 1% to $4.9 million in Q1 2025
Operating income improved by $61,000 to reach $25,000
Net income grew 25% to $159,000
Increased demand for product demonstrations due to market conditions
Strong client base including 40% of Fortune 1000 companies
Negative
Deal closures experiencing delays due to market volatility
Expected increase in short-term expenses for new hires and technology
Challenging macroeconomic conditions with highest bankruptcy rates since 2010
VALLEY COTTAGE, NY / ACCESS Newswire / May 8, 2025 / CreditRiskMonitor.com, Inc. (OTCQX:CRMZ) reported revenues of $4.9 million, an increase of approximately $63 thousand or 1%, for the first quarter of fiscal 2025 compared to the same period of fiscal 2024. The Company reported operating income of approximately $25 thousand, an increase of approximately $61 thousand, for the first quarter of fiscal 2025 compared to the same period of fiscal 2024. The increase in operating income was primarily driven by decreased expenses related to customer acquisition costs and professional services. The Company reported net income of approximately $159 thousand, an increase of approximately $32 thousand or 25%, for the first quarter of fiscal 2025 compared to the same period of fiscal 2024.
Mike Flum, CEO, said, "We are progressing our plan to achieve higher team efficiency by pursuing new roles and AI processes to debottleneck some of our revenue and marketing motions while also enhancing our data, product, and development initiatives. We expect to have higher expenses in the short term as we onboard these new people and technologies, but they will provide a great foundation for long-term efficiency gains.
From the macroeconomic perspective, companies are going bankrupt at the fastest rate since 2010 and trade tensions, tariffs, as well as rising nationalist tendencies portend ongoing global trade disruptions. Both conditions have increased demand for demonstrations of our products but are also delaying the closing deals as subscribers and prospects apply a 'wait & see' strategy in this highly volatile economic and political environment. We continue to review and tinker with product improvements and new pricing strategies to combat this slowdown, but we are confident that financial risk solutions will become more necessary as the aforementioned conditions extend and businesses are forced to respond accordingly."
CreditRiskMonitor.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 40% of the Fortune 1000 and well over a thousand other large corporations worldwide.
To help subscribers prioritize and monitor counterparty financial risk, our SaaS platforms offer the proprietary FRISK® and PAYCE® scores, 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 $3 trillion.
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
What were CreditRiskMonitor's (CRMZ) Q1 2025 earnings results?
CreditRiskMonitor reported Q1 2025 revenues of $4.9 million (up 1% YoY), operating income of $25,000 (up $61,000), and net income of $159,000 (up 25% YoY).
How is CRMZ planning to improve efficiency in 2025?
CRMZ is implementing AI processes and hiring new roles to improve team efficiency, focusing on revenue, marketing, data, product, and development initiatives.
What challenges is CreditRiskMonitor (CRMZ) facing in 2025?
CRMZ is facing delayed deal closures due to market volatility, higher short-term expenses, and customers adopting a 'wait & see' approach amid rising bankruptcy rates.
What percentage of Fortune 1000 companies use CreditRiskMonitor's services?
Nearly 40% of Fortune 1000 companies use CreditRiskMonitor's SaaS subscription products for analyzing commercial financial risk.
What is the size of CreditRiskMonitor's Trade Contributor Program?
The Trade Contributor Program processes approximately $3 trillion in annualized trade credit transaction data.
An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
