CreditRiskMonitor.com, Inc. reported its financial results for the second quarter and first half of fiscal 2025, showing a modest increase in revenue and profitability compared to the same periods in 2024. For the three months ended June 30, 2025, the company generated operating revenues of $5.06 million, a 3% increase from $4.93 million in the prior year. Net income for the quarter was $229,527, up from $129,186, reflecting a significant turnaround from a loss of $25,644 in the same quarter last year. For the six months ended June 30, 2025, total revenues reached $9.93 million, a 2% increase from $9.74 million, with net income rising to $388,589 from $256,593.
The company's balance sheet as of June 30, 2025, showed total assets of $26.13 million, an increase from $24.91 million at the end of 2024. Current assets rose to $15.15 million, driven by higher accounts receivable, which increased to $4.71 million from $3.63 million. The company’s cash and cash equivalents decreased to $5.78 million from $6.67 million, primarily due to cash used in investing activities, including a shift towards U.S. Treasury securities. Total liabilities also increased to $14.45 million, with unexpired subscription revenue rising to $11.82 million, indicating a stable revenue stream from existing subscriptions.
Operationally, CreditRiskMonitor.com has focused on enhancing its SaaS subscription offerings, which are designed for credit and supply chain managers. The company reported an increase in customer engagement, attributed to both new subscriber acquisitions and price adjustments for existing subscriptions. The total number of common shares outstanding increased to 10,767,501 from 10,722,401, reflecting stock options exercised during the period. The company continues to invest in its workforce, with employee-related expenses contributing to a slight increase in operating costs.
Looking ahead, CreditRiskMonitor.com aims to expand its product offerings and enhance its value proposition to subscribers. The company acknowledges the potential impact of economic conditions on its business, particularly regarding subscriber spending on financial risk information. Management remains optimistic about achieving sustainable growth, emphasizing the importance of brand awareness and customer satisfaction in retaining and attracting subscribers. The company plans to continue investing in sales, marketing, and product development to support its growth objectives, although it recognizes the challenges posed by fluctuating market conditions and competition.
Overall, CreditRiskMonitor.com’s financial performance in the first half of 2025 reflects a positive trajectory, with increased revenues and profitability, alongside strategic investments aimed at long-term growth. The company’s focus on enhancing its SaaS offerings and managing operational costs will be critical as it navigates the evolving business landscape.
About CREDITRISKMONITOR COM INC
About 10-Q Filings
A 10-Q form is an important financial report that public companies in the United States must submit every three months. It gives a clear picture of a company's financial health and recent performance.
Key points about the 10-Q:
- Frequency: Companies file it three times a year, covering the first three quarters. The fourth quarter is covered in a more comprehensive annual report.
-
Content: It includes:
- Financial statements showing the company's current financial position
- Updates from management on the performance and projections of the business
- Information about potential risks the company faces
- Details on how the company is run internally
- Deadline: Must be filed within 40 or 45 days after the quarter ends, depending on the size of the company.
Our Methodology
AssetRoom is committed to providing timely summaries of news from public companies. We use AI to generate these summaries quickly, but they are not reviewed by human experts.
Our method:
- Data Collection: We continuously monitor for new filings (currently limited to US-listed stocks).
- AI-Powered Analysis: Our advanced AI system processes each filing, identifying key information and extracting relevant data.
- Summary Generation: The AI creates a concise, easy-to-understand summary of the filing, highlighting the most important points.
- Publication: The summary is immediately published on our platform, allowing users instant access to the latest information.
- Email users: We distribute round-up emails according to our users preferences, keeping them in the loop with the companies they follow.
Feedback & Corrections
Spot an error or have a suggestion? Contact us.