Metavesco, Inc. (OTCID: MVCO), a diversified holding company, announced preliminary, unaudited financial results for its on-demand staffing subsidiary, Epic Labor, Inc. for July 2026. The subsidiary reported top-line revenue of $340,410.16, a 280% increase compared to $89,458.63 in July 2025. However, July 2026 was a five-week fiscal month, whereas July 2025 was a four-week month. On an average weekly basis, revenue increased 204% to approximately $68,082 per week from $22,365 in the prior-year period.
During the month, Epic Labor achieved a weekly sales high-mark, exceeding $100,000 in a single week. Gross profit margin also improved to approximately 24%, up from 21.74% in July 2025. These figures underscore the subsidiary's operational efficiency and scalability.
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."
Epic Labor provides fast, reliable, on-demand labor to small and mid-sized businesses across construction, warehousing, hospitality, manufacturing, and event staffing, available 24/7 with its trademark 2-Hour Guarantee. The company's growth reflects the increasing demand for flexible staffing solutions in a dynamic labor market.
Metavesco, Inc. is a publicly traded holding company focused on building infrastructure and opportunity for the OTC market. It operates Epic Labor and other wholly owned subsidiaries, adhering to a long-term, co-owner-aligned philosophy. The company is committed to supporting the strength, transparency, and integrity of the OTC market. More information is available at metavesco.com.
This announcement comes at a time when the staffing industry is experiencing significant shifts, with businesses increasingly turning to on-demand labor to manage costs and flexibility. Epic Labor's performance indicates that it is well-positioned to capitalize on these trends, potentially driving further growth for the parent company.
Investors should note that this press release contains forward-looking statements, which involve risks and uncertainties. Actual results may differ materially from those projected. More information about potential factors is included in the company's filings on otcmarkets.com.
