CreditRiskMonitor (Symbol: CRMZ) announced that for the year ended December 31, 2011 revenues increased 9% to $10.15 million compared to fiscal 2010, while income from operations was $1.21 million versus $1.68 million last year.   CreditRiskMonitor’s CEO Flum contributes revenue growth to continuing investment in sales and service staff, new data for subscribers and enhanced infrastructure.  Nevertheless the higher growth did not contribute to profitability – operating income declined by 27%.