Metavesco, Inc. announced that its wholly owned staffing subsidiary, Epic Labor, Inc., generated topline revenue of $419,111 in the first quarter of 2026, representing a 37.2% increase compared to $305,488 in the same period of 2025. This strong performance comes as the company reassesses its previously announced expansion strategy, which targeted 98 branches and $125-$135 million in run-rate revenue by 2029 through a capital-intensive, footprint-driven growth model built around de novo branch launches and bolt-on acquisitions.
The strategic reassessment is informed by the company's experience with an AI-powered virtual staffing pilot announced in June 2025 in Gainesville, Georgia. While the pilot did not advance to full deployment due to projected start-up costs, it generated meaningful insights into which components of the staffing model are viable candidates for AI-driven execution. These learnings, combined with the company's more recent experience building Vesco Ventures - its Zero Human Company initiative - and I.R.A., its AI-powered Investor Relations Agent and the flagship product of Metavesco's OTCfi ecosystem, have sharpened management's view of where artificial intelligence can create durable operational leverage within Epic Labor's business model.
"Epic Labor's fundamentals are strong, and this quarter proves the model works," said Ryan Schadel, CEO of Metavesco. "But I'd be doing our co-owners a disservice if I ignored what's happening around us. AI is fundamentally changing what's possible in staffing and across every industry. The Gainesville pilot didn't scale the way we planned due to the up-front capital requirements, but it taught us something important: certain parts of this business can absolutely be run by AI."
The company's strategic review will examine whether the highest-velocity path to value involves opening branches one by one or whether AI-native operating models could unlock more significant growth more rapidly. This evaluation comes as the company examines its entire portfolio to determine where to double down, find partners or buyers, or make difficult decisions about resource allocation. The company expects to provide additional detail on the strategic review and any resulting actions as they develop, with management emphasizing that they are not interested in managing a portfolio of businesses that don't align with the company's strategic direction.
Investors seeking more information about potential factors that could affect the business and financial results can find details in the company's filings available through otcmarkets.com. The company's forward-looking statements regarding financing plans, trends affecting financial condition, and growth strategy are subject to various risks and uncertainties beyond the company's control, and actual results may differ materially from those projected.
