Metavesco, Inc. (OTCID: MVCO), a diversified holding company, announced preliminary unaudited results for its on-demand staffing subsidiary, Epic Labor, Inc., showing a dramatic 280% year-over-year revenue increase for July 2026. The company reported top-line revenue of $340,410.16, up from $89,458.63 in July 2025, a rise that underscores the growing demand for flexible labor solutions in the current economic climate.
While July 2026 contained five weeks compared to four in the prior year, the company emphasized that even on an average weekly basis, revenue surged 204% to approximately $68,082 per week from $22,365. This indicates that the growth is not merely a calendar artifact but reflects a fundamental expansion of Epic Labor's business. Notably, during the month, Epic Labor achieved a single-week sales high, exceeding $100,000, a milestone that highlights the scalability of its on-demand staffing model.
The gross profit margin also improved to approximately 24% in July 2026, up from 21.74% in the same month last year. This margin expansion suggests that Epic Labor is not only growing revenue but also enhancing profitability, which could be a positive signal for investors and stakeholders.
Ryan Schadel, President and CEO of Metavesco, commented, "A five-week month gave us a longer runway in July, but the weekly run rate tells the real story, we've tripled the business year over year. The Epic Labor team has earned these wins and I’m excited to say I think we’re just getting started." His optimism reflects confidence in the company's trajectory and future growth potential.
The announcement is significant given the broader trends in the labor market, where businesses increasingly rely on on-demand staffing to manage fluctuating workloads and address labor shortages. Epic Labor's services span construction, warehousing, hospitality, manufacturing, and event staffing, available 24/7 with its trademark 2-Hour Guarantee. This positions the company to capitalize on the growing gig economy and the shift toward flexible work arrangements.
For Metavesco, which operates Epic Labor and other wholly owned subsidiaries, the strong performance of this subsidiary is a key driver of overall company growth. The company is focused on building infrastructure and opportunity for the OTC market, operating with a long-term, co-owner-aligned philosophy. The positive results from Epic Labor could enhance investor confidence in Metavesco's ability to generate value.
Investors should note that these figures are preliminary and unaudited, and the company cautions that forward-looking statements involve risks and uncertainties. More information about potential factors affecting the business is available in the company's filings on otcmarkets.com.
The substantial revenue growth and margin improvement suggest that Epic Labor is executing effectively in a competitive market. As the demand for on-demand staffing continues to rise, this subsidiary's performance may serve as a bellwether for the broader staffing industry. The company's ability to sustain this momentum will be closely watched by investors and industry analysts.
