CreditRiskMonitor® announced preliminary results of operation for twelve months ended Dec. 31, 2021. Revenue grew to approximately $17 million and Operating Income grew to approximately $2 million plus.
CreditRiskMonitor®’s loan forgiveness was processed by the SBA (Small Business Administration) and our PPP (Payroll Protection Program) loan has been fully forgiven. This loan is now considered paid in full by SBA.
Resilinc Corporation and CreditRiskMonitor®.com, Inc. are forming a partnership, aiming to enable Fortune 1000 organizations to achieve greater visibility when it comes to gauging financial health of suppliers and overall supply chain risk.
CreditRiskMonitor® management remains cautiously optimistic about the rest of the year, as many of our subscribers continue to struggle through the COVID-19 economic downturn and are implementing cost-cutting measures.
As a result of the COVID-19 restrictions put in place by the State of New York, the Annual Meeting of Stockholders of CreditRiskMonitor®.com, Inc. will be held telephonically by means of remote communication.