Creditriskmonitor.Com, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 12, 2021 at 12:42 pm EDT
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CreditRiskMonitor.Com, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was USD 4.248 million compared to USD 3.852 million a year ago. Operating income was USD 417,608 compared to operating loss of USD 111,425 a year ago. Net income was USD 322,708 compared to USD 28,921 a year ago. Basic earnings per share from continuing operations was USD 0.03. For the half year, sales was USD 8.381 million compared to USD 7.560 million a year ago. Operating income was USD 657,419 compared to operating loss of USD 398,372 a year ago. Net income was USD 510,422 compared to net loss of USD 169,427 a year ago. Basic earnings per share from continuing operations was USD 0.05 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.