Metavesco, Inc. (OTCID: MVCO), a diversified holding company, announced preliminary, unaudited results for its subsidiary Epic Labor, Inc., showing revenue of $382,730 for August 2026, a 129% increase compared to $167,115 in August 2025. This growth is even more notable considering August 2025 was a five-week fiscal month, while August 2026 was a four-week fiscal month.
On an average weekly basis, Epic Labor's revenue rose approximately 186% year-over-year to about $95,700 per week from $33,423 per week. Sequentially, weekly revenue also accelerated, increasing about 41% from approximately $68,082 in July 2026 to $95,700 in August, despite August having one fewer operating week. The company reported that August's total revenue exceeded July's $340,410 even with the shorter month.
Ryan Schadel, President and CEO of Metavesco, highlighted the significance of the weekly run rate, stating, "A four-week August beat last year's five-week August on total revenue. The weekly run rate is the number that matters, and it accelerated from July." He added that the Epic Labor team continues to execute consistently and sees substantial expansion opportunities ahead.
This performance is particularly important for the on-demand staffing industry, which has faced fluctuating demand and labor shortages. Epic Labor's strong revenue growth suggests increasing adoption of flexible staffing solutions by small and mid-sized businesses across construction, warehousing, hospitality, manufacturing, and event staffing. The company's 24/7 availability and its 2-Hour Guarantee are key differentiators in a competitive market.
The results are preliminary and unaudited, reflecting revenue only. Metavesco will report complete results in its periodic filings on otcmarkets.com. Investors and industry observers will be watching to see if this momentum continues and whether it translates into improved profitability for the company.
Epic Labor's growth also underscores the broader trend of businesses turning to on-demand labor to manage variable workloads and avoid the costs of permanent hiring. As the gig economy expands, companies like Epic Labor are benefiting from a paradigm shift in workforce management.
For Metavesco, which focuses on building infrastructure and opportunity for the OTC market, Epic Labor's performance is a bright spot. The holding company operates with a long-term, co-owner-aligned philosophy, and this subsidiary's success could enhance investor confidence in its diversified business model.
While forward-looking statements in the press release indicate expectations of growth, they also caution that actual results may differ due to various risks and uncertainties. More details are available in the company's filings on otcmarkets.com.
