Filing Flows › Creditriskmonitor (CRMZ) › Q4 2024
Creditriskmonitor (CRMZ) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 20, 2025
Creditriskmonitor (CRMZ) reported revenue of $5.1M for the fourth quarter 2024 (Q4 2024), +4% from a year earlier and +1% from the quarter before. Operating margin was 14.7%, net earnings $976K (19.3% of revenue).
Creditriskmonitor, Q4 2024: revenue $5.1M (+4% year over year), operating margin 14.7%, net earnings $976K, operating cash flow $662K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.1M | +1% | +4% |
| Operating profit | $746K | +137% | +31% |
| Net earnings | $976K | +152% | +65% |
| Operating cash flow | $662K | +2% | +719% |
| Free cash flow | $562K | -1% | — |
What changed
Revenue was $5.1M in Q4 2024, up 4% year over year and up 1% from the previous quarter.
Operating profit was $746K, a 14.7% margin (up 3.0 points year over year). Of the extra revenue versus a year earlier, 91% reached operating profit, above the 12% margin then. Total costs grew 0% against revenue growth of 4%. Net earnings were $1.0M, up 65% year over year. The effective tax rate was 0.3%. Non-operating items added $233K, 24% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $662K (up 719% year over year), 68% of net earnings. Non-cash charges added back $110K of depreciation and amortization and $25K of share-based compensation. Working capital and other items used $449K. Capital expenditures of $101K left free cash flow of $562K.
Questions
What was Creditriskmonitor's revenue in the fourth quarter 2024?
Creditriskmonitor (CRMZ) reported revenue of $5.1M for the fourth quarter 2024 (Q4 2024), +4% from a year earlier and +1% from the quarter before.
Was Creditriskmonitor profitable in the fourth quarter 2024?
Operating profit was $746K (14.7% of revenue) and net earnings $976K.
Source: Creditriskmonitor 10-K on SEC EDGAR.