Resources

Stay ahead of public company risk with our bankruptcy case studies, high risk reports, blogs and more.

Blog Post
Chapter 11 Bankruptcy Image

FRISK® Predicts: Tracking 2024’s Largest Bankruptcies

… filings surged above 2020 levels, signaling broad financial stress Mega-bankruptcies keep surfacing as debt … the FRISK ® Score as a first-line-of-defense for mitigating financial risk. We reported on 755 FRISK ® bankruptcies in … are trending in line with the Great Recession. Corporate financial stress has extended beyond specific industries or …

Commercial bankruptcy filings trended higher in 2024, with FRISK® Scored bankruptcies reaching 215 – an increase from 191 in 2023. For eight years, the FRISK® Score demonstrated 96% accuracy in predicting bankruptcy.

Distressed Supplier Report
Spirit AeroSystems

Spirit AeroSystems

… major supplier, Spirit AeroSystems and its heightened financial risk. Powered by SupplyChainMonitor™, procurement … disruptions. Our 96%-accurate FRISK Score indicated severe financial distress combined with our enhanced news alerts, … major supplier, Spirit AeroSystems and its heightened financial risk. Powered by SupplyChainMonitor™, procurement …

Our Distressed Supplier Report leverages advanced predictive analytics to assess major supplier, Spirit AeroSystems and its heightened financial risk. Powered by SupplyChainMonitor™, procurement and supply chain professionals gain access to actionable insights for proactive identification and mitigation of supplier-related disruptions.

Tags
Supply ChainFRISK ScoreFRISK Stress IndexMD&A AnalysisNorth America
Press Release
CRMZ Press Release Thumb image

CreditRiskMonitor Announces 2024 Results

… is also increasing the functionality of our Confidential Financial Statements Solution to process more document types … counterparties. Our use of AI continues to evolve within financial risk scoring, data acquisition, data processing, … contributions to our operations. A full copy of the financial statements can be found at  …

CreditRiskMonitor.com, Inc. (OTCQX: CRMZ) reported revenues of $19.8 million, an increase of approximately $878 thousand or 5%, for the year ended December 31, 2024, as compared to 2023. 

Press Release
CRMZ Press Release Thumb image

CreditRiskMonitor.com Recognized by Spend Matters Fall 2024 SolutionMap

… and supply chain risk management) category with a focus on financial risk. We also earned top marks for Supplier Risk … When businesses need a point solution that truly addresses financial risk in the supply chain, no one does better than … in Third Party Risk Management with an emphasis on financial risk reporting and analytics continues to validate …

CreditRiskMonitor.com, Inc. (OTCQX:CRMZ) is pleased to announce that its SupplyChainMonitor™ solution has been recognized as a top procurement technology in the Spend Matters Fall 2024 SolutionMap.

Press Release
CRMZ Press Release Thumb image

CreditRiskMonitor Announces Third Quarter Results

… and higher profitability in the long term. Our Confidential Financial Statement Solution continues to receive positive … platform and were excited to be rated as a top provider of financial risk analytics for supply chain risk management … Fall 2024 SolutionMap rankings.  There is a clear need for financial risk analysis in supply chain management and the …

CreditRiskMonitor.com, Inc. reported operating revenues of $5.0 million, an increase of approximately $217 thousand or 5%, for the third quarter of fiscal 2024 compared to the same period of fiscal 2023. 

Press Release
CRMZ Press Release Thumb image

CreditRiskMonitor Announces Appointment of Jennifer Gerold as Chief Financial Officer and David Reiner as Chief Accounting Officer

… Announces Appointment of Jennifer Gerold as Chief Financial Officer and David Reiner as Chief Accounting … Announces Appointment of Jennifer Gerold as Chief Financial Officer and David Reiner as Chief Accounting … Board of Directors has appointed Jennifer Gerold as Chief Financial Officer and David Reiner as Chief Accounting …

CreditRiskMonitor today announced that its Board of Directors has appointed Jennifer Gerold as Chief Financial Officer and David Reiner as Chief Accounting Officer, effective May 23, 2024. 

Bankruptcy Case Study
Financial risk is never convenient. For popular British bodega proprietor McColl's, we provide a snack-sized breakdown of their recent fall into administration and show how you can spot signs of financial distress using the FRISK® score.
Financial risk is never convenient. For popular British bodega proprietor McColl's, we provide a snack-sized breakdown of their recent fall into administration and show how you can spot signs of financial distress using the FRISK® score.

McColl's Retail Group plc

… McColl's Retail Group plc Financial risk is never convenient. For popular British … fall into administration and show how you can spot signs of financial distress using the FRISK score . In the months … score had sunk as low as "1," indicating extreme financial distress: Image … Financial risk is never …

Financial risk is never convenient. For popular British bodega proprietor McColl's, we provide a snack-sized breakdown of their recent fall into administration and show how you can spot signs of financial distress using the FRISK® score.

Tags
CreditProcurementTreasuryRetailEMEAFRISK Score
Press Release
CRMZ Press Release Thumb image

CreditRiskMonitor Announces Second Quarter Results

… risk monitoring. Feedback on our new Confidential Financial Statements Solution has been strongly positive, … to validate its product-market fit for addressing the financial risk of unscored private companies in both trade … confirmation that the product addresses prospects’ need for financial risk analysis and continuing monitoring of …

CreditRiskMonitor reported operating revenues of $4.9 million, an increase of approximately $251 thousand or 5%, for the second quarter of fiscal 2024 compared to the same period of fiscal 2023. 

Bankruptcy Case Study
Sears bankruptcy

Sears Holdings Corporation

… the DIP financing is expected to improve the Company's financial position immediately and support its operations during the financial restructuring process." Image The …

Iconic American department store operator Sears Holdings Corporation has filed for Chapter 11 bankruptcy protection, becoming easily the highest-profile casualty of the "Retail Apocalypse" to date.

Tags
CreditRetailNorth AmericaFRISK Score