Creditriskmonitor.Com, Inc. Reports Earnings Results for the Full Year Ended December 31, 2020
March 25, 2021 at 01:47 pm EDT
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CreditRiskMonitor.Com, Inc. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was USD 15.732 million compared to USD 14.501 million a year ago. Operating loss was USD 238,127 compared to operating Income of USD 187,206 a year ago. Net loss was USD 47,428 compared to net income of USD 217,594 a year ago. Basic eps - continuing operations was USD 0 compared to 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.