Creditriskmonitor.Com, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 14, 2021 at 11:11 am EDT
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CreditRiskMonitor.Com, Inc. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was USD 4.132 million compared to USD 3.708 million a year ago. Operating income was USD 239,811 compared to operating loss of USD 286,947 a year ago. Net income was USD 187,714 compared to net loss of USD 198,348 a year ago. Basic earnings per share from continuing operations was USD 0.02 compared to basic loss per share from continuing operations of USD 0.02 a year ago.
CreditRiskMonitor.com, Inc. is engaged in selling a suite of Web-based, software as a service (SaaS) subscription product providing access to comprehensive commercial credit reports, bankruptcy risk analytics, financial and payment information, and curated news on public and private companies. The Company focuses on facilitating the analysis of corporate financial risk, in the context of the extension of trade credit from one business to another; the management by businesses of important relationships with suppliers, and/or the management by businesses of significant counterparty (i.e., buying and selling) relationships. Its comprehensive commercial credit reports covering both public and private companies worldwide are published through its Web-based platform and feature detailed analyses of financial statements, including ratio analysis and trend reports, and peer analysis. Its platform, SupplyChainMonitor, leverages its financial risk analytics to create a risk management solution.