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CreditRiskMonitor (OTCQX:CRMZ) reported its first quarter results for fiscal 2024 with operating revenues of $4.8 million, marking a 5% increase compared to the same period in fiscal 2023. However, pre-tax income decreased by approximately $189 thousand, totaling $166 thousand, primarily due to higher expenses related to employee compensation and third-party content. CEO Mike Flum highlighted the company's strategic investments in new data, technology, marketing, and employee development aimed at supporting long-term revenue growth. Demand for products is rising due to increasing corporate bankruptcies and geopolitical risks. The company's new Confidential Financial Statement Solution has received positive feedback, particularly for its innovative pricing model that charges only upon receiving a risk score. Moving forward, CreditRiskMonitor anticipates significant interest from the credit community at upcoming industry events.