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CreditRiskMonitor.com, Inc. reports developments tied to its web-based SaaS subscription business for commercial financial risk analysis. The company sells access to commercial credit reports, bankruptcy risk analytics, financial and payment information, curated company news, and API services for public and private companies worldwide. Its primary products include CreditRiskMonitor and SupplyChainMonitor, which serve corporate credit and procurement teams.
Recurring news themes include annual and quarterly operating results, spending on data, product, technology, client service, CRM systems, and AI-related process initiatives. Company updates also cover cybersecurity controls, including SOC 2 reporting for its subscription products and API services, leadership appointments, customer-feedback programs, and the Trade Contributor Program, which aggregates accounts receivable data to summarize business-to-business payment behavior.
CreditRiskMonitor (OTCQX:CRMZ) reported first quarter fiscal 2026 revenue of $5.0 million, up about $115,000 or 2% year over year.
The company recorded an operating loss of $93,000, which improved by roughly $119,000, and net income of $58,000, down about $101,000 or 63% versus Q1 2025.
Management highlighted ongoing transformation initiatives, including senior technology hires, AI-driven workflow productivity, and multiple platform enhancements. Rising commercial bankruptcy filings and heightened supply-chain financial risk are contributing to greater interest in the company’s SupplyChainMonitor™ product and risk analytics.
CreditRiskMonitor (OTCQX:CRMZ) reported 2025 operating revenue of $20.1 million (+2%), operating income of $582,000 (down ~53%), and net income of $1.02 million (down ~39%).
The company holds ~$18.9 million in cash/U.S. Treasuries, completed SOC2 Type 1, added senior leadership, and plans transformation investments over the next 12–24 months with expected margin benefits beginning in 2027.
CreditRiskMonitor.com (OTCQX:CRMZ) completed a SOC 2 Type I cybersecurity report covering CreditRiskMonitor, SupplyChainMonitor, and the company API as of December 5, 2025, audited by Sensiba LLP. The report evaluates controls for security, availability, and confidentiality. The company launched a Trust Center with access to security documentation and plans a SOC 2 Type II exam later in 2026 to assess operating effectiveness.
CreditRiskMonitor (OTCQX:CRMZ) reported Q3 fiscal 2025 operating revenue of $5.1M, up ~2% year-over-year, with pre-tax income of $321K (down ~55%) and net income of $245K (down ~56%). Management attributed the profit decline to higher employee salaries, benefits, commissions, and professional services tied to a revamped Client Services model and new CRM platform.
The company launched the FAST Rating (adding ~3.5M scored businesses) and a simplified Risk Level framework in mid-October, held its first Product Advisory Council, and reported Trade Contributor Program data at an annualized ~$3 trillion.
CreditRiskMonitor.com (OTCQX:CRMZ) announced that its SupplyChainMonitor™ solution was recognized in the Spend Matters Fall 2025 SolutionMap on November 3, 2025. The company introduced its FAST Rating covering 3.5+ million foreign private companies and a new Risk Level classification across 10+ million public and private companies. SupplyChainMonitor™ earned top rank in Supplier Risk Management and above‑benchmark rankings in Supplier Performance Management and Analytics. The platform highlights a 96%-accurate FRISK® Score predicting 12‑month bankruptcy risk and emphasizes AI-driven analytics, dashboards, supplier onboarding, and client services to support supplier continuity.
CreditRiskMonitor (OTCQX:CRMZ) has appointed Madhav Kale as Chief Technology Officer, effective September 18, 2025. Kale brings over 30 years of experience in fintech, cybersecurity, IoT, and SaaS, having served as EVP & CTO at Carixa and held leadership positions at various technology companies. He succeeds Michael Clark, who served as Interim CTO since November 2024.
The appointment aligns with CreditRiskMonitor's focus on expanding AI implementation across its business and products. The company provides SaaS subscription products for commercial credit risk analysis, including the proprietary FRISK® and PAYCE® scores, serving nearly 40% of Fortune 1000 companies. Their Trade Contributor Program processes approximately $3 trillion in annualized trade credit transaction data.
CreditRiskMonitor (OTCQX:CRMZ) reported strong Q2 2025 financial results, with operating revenues increasing 3% to $5.1 million and net income surging 78% to $230,000 compared to Q2 2024. The company's pre-tax income grew 77% to $301,000, primarily driven by reduced expenses in employee salaries, benefits, and commissions.
The company announced the launch of a revamped Client Services model and new CRM platform for Q3, aimed at improving customer satisfaction and revenue retention. CRMZ is also preparing to release new features including the FAST Rating, FRISK® Score updates, and potential AI implementations. The company noted increasing bankruptcy rates across market segments and rising recession risks, which typically drive demand for their services.
CreditRiskMonitor (OTCQX:CRMZ) has appointed Shyarsh Desai as Chief Operating Officer, effective March 19, 2025. Desai, who joined the company in February 2025, brings extensive experience in risk and working capital technology businesses.
Desai previously served as CEO of Carixa, a SaaS platform for invoice-to-cash automation, and led Credit2B until its sale to Billtrust. He held management positions at Global Compliance and Dun & Bradstreet, and worked at IBM in financial services solutions.
CreditRiskMonitor provides SaaS subscription products for commercial credit reports and bankruptcy risk analytics through its platforms CreditRiskMonitor® and SupplyChainMonitor™. The company serves nearly 40% of Fortune 1000 companies and manages approximately $3 trillion in annualized trade credit transaction data through its Trade Contributor Program.
CreditRiskMonitor (OTCQX:CRMZ) reported its 2024 financial results with revenues of $19.8 million, marking a 5% increase ($878,000) from 2023. However, operating income decreased by $243,000 to $1.25 million, while net income saw a slight decline of $20,000 to $1.67 million in 2024.
The company announced the appointment of Shyarsh Desai as Chief Operating Officer effective March 19, 2025. Customer satisfaction metrics showed strong performance with a Net Promoter Score of 77 and 4.6/5 for both Product Quality and Customer Service.
The company noted increased interest in their CreditRiskMonitor® and SupplyChainMonitor™ products due to rising bankruptcy rates. They are expanding worldwide coverage through new scoring methods, data partnerships, and AI implementation in various operations, though acknowledging these investments may impact short-term profitability.