CreditRiskMonitor.com, Inc.: CreditRiskMonitor Announces Second Quarter Results
CreditRiskMonitor.com, Inc. (CRMZ) reported Q2 2026 revenues of $5.2M, up 2% YoY, with an operating loss of $664K vs. $8K loss in Q2 2025. The company recorded $2M in sales tax and $210K in income tax liabilities, leading to a net loss of $475K. CEO Mike Flum attributed the loss to increased expenses and tax liabilities, but highlighted the company's strong liquidity position with $17.8M in cash and no debt. The company is focusing on resolving tax issues and improving its services.