8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)

November 8, 2011

CreditRiskMonitor.com, Inc.

(Exact name of registrant as specified in its charter)

Nevada	1-8601	36-2972588
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

704 Executive Boulevard

Valley Cottage, NY 10989

(Address of principal executive offices, including zip code)

(845) 230-3000

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02.  Results of Operations and Financial Condition.

On November 8, 2011, CreditRiskMonitor.com, Inc. issued a press release relating to, among other things, its financial results for the three and nine month ended September 30, 2011. This press release is filed as Exhibit 99.1 to this Current Report on Form 8-K. The information contained in this Item 2.02 and Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01  Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.	Description
99.1	Press Release dated November 8, 2011.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	CREDITRISKMONITOR.COM, INC.
Date: November 8, 2011	By:	/s/ Lawrence Fensterstock
	Lawrence Fensterstock
	Chief Financial Officer
	(Principal Financial and Accounting Officer)

EX-99.1

Exhibit 99.1

NEWS RELEASE

CONTACT:

CreditRiskMonitor.com, Inc.

Jerry Flum, CEO

(845) 230-3030

ir@crmz.com

FOR IMMEDIATE RELEASE

CreditRiskMonitor Reports 9 Month Operating Results for 2011

VALLEY COTTAGE, NY—November 8, 2011—CreditRiskMonitor (OTCQB: CRMZ) reported that revenues were $2.58 million and $7.56 million for the 3 and 9 months ended September 30, 2011, respectively, an increase of 8% and 9% over the comparable periods last year. For the same periods, income from operations was $249,000 and $736,000, respectively, compared to $551,000 and $1,216,000 for the comparable 2010 periods. Cash, cash equivalents and marketable securities at the end of the nine-month period increased $1.08 million to $7.93 million from the 2010 year-end balance of $6.85 million, after the payment of a cash dividend of $396,000 in the third quarter of 2011.

Jerry Flum, CEO said, “Within the current difficult economic environment we’re still seeing growing sales. As noted in past earnings releases, we continue to invest heavily in infrastructure, new data content, and new employees to improve our service. While this impacts profitability in the short-term, we believe our long-term prospects are enhanced. Our balance sheet is strong, allowing us the flexibility to manage our company toward longer-term goals and to create greater shareholder value.”

CREDITRISKMONITOR.COM, INC.

STATEMENTS OF OPERATIONS

FOR THE 3 AND 9 MONTHS ENDED SEPTEMBER 30, 2011 AND 2010

(Unaudited)

	3 Months Ended September 30,						9 Months Ended September 30,
	2011			2010			2011			2010
Operating revenues	$	2,580,339		$	2,389,932		$	7,559,650		$	6,906,507
Operating expenses:
Data and product costs		716,226			580,184			2,196,463			1,751,224
Selling, general and administrative expenses		1,572,311			1,223,686			4,502,063			3,844,920
Depreciation and amortization		42,753			35,345			125,482			94,600
Total operating expenses		2,331,290			1,839,215			6,824,008			5,690,744
Income from operations		249,049			550,717			735,642			1,215,763
Other income, net		52,096			39,570			87,015			54,161
Income before income taxes		301,145			590,287			822,657			1,269,924
Provision for income taxes		(72,260	)		(236,870	)		(254,711	)		(513,612	)
Net income	$	228,885		$	353,417		$	567,946		$	756,312
Net income per share:
Basic	$	0.03		$	0.04		$	0.07		$	0.10
Diluted	$	0.03		$	0.04		$	0.07		$	0.09

CREDITRISKMONITOR.COM, INC.

BALANCE SHEETS

SEPTEMBER 30, 2011 AND DECEMBER 31, 2010

	Sept. 30, 2011			Dec. 31, 2010
	(Unaudited)
ASSETS
Current assets:
Cash and cash equivalents	$	6,162,612		$	5,642,568
Marketable securities		1,765,874			1,204,234
Accounts receivable, net of allowance		1,224,953			1,406,865
Other current assets		322,387			480,922
Total current assets		9,475,826			8,734,589
Property and equipment, net		321,448			364,360
Goodwill		1,954,460			1,954,460
Deferred taxes on income		--			233,873
Prepaid and other assets		39,187			23,225
Total assets	$	11,790,921		$	11,310,507
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Deferred revenue	$	6,476,571		$	5,997,862
Accounts payable		66,252			24,024
Accrued expenses		824,565			1,167,196
Accrued income taxes		12,096			--
Total current liabilities		7,379,484			7,189,082
Other liabilities		3,140			1,149
Total liabilities		7,382,624			7,190,231
Stockholders’ equity:
Preferred stock, $.01 par value; authorized 5,000,000 shares; none issued		--			--
Common stock, $.01 par value; authorized 25,000,000 shares; issued and outstanding 7,914,462 and 7,899,462 shares, respectively		79,144			78,994
Additional paid-in capital		28,556,242			28,440,586
Accumulated deficit		(24,227,089	)		(24,399,304	)
Total stockholders’ equity		4,408,297			4,120,276
Total liabilities and stockholders’ equity	$	11,790,921		$	11,310,507

Overview

CreditRiskMonitor (http://www.crmz.com) is an Internet-based publisher of financial information, designed to save time for busy corporate credit professionals that competes with Dun & Bradstreet, Equifax and Experian.

Safe Harbor Statement

Certain statements in this press release, including statements prefaced by the words "anticipates", "estimates", “believes", "expects" or words of similar meaning, constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, expectations or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements, including, among others, those risks, uncertainties and factors referenced from time to time as "risk factors" or otherwise in the Company's Registration Statements or Securities and Exchange Commission Reports. We disclaim any intention or obligation to revise any forward-looking statements, whether as a result of new information, a future event, or otherwise.