Metavesco, Inc. (OTCID: MVCO), a diversified holding company, announced preliminary unaudited results for August 2026 from its on-demand staffing subsidiary, Epic Labor, Inc. Revenue reached $382,730, a 129% increase from $167,115 in August 2025, despite the prior year having five fiscal weeks versus four in the current period. On an average weekly basis, revenue jumped approximately 186% to $95,700 per week from $33,423.
Sequentially, August revenue exceeded July 2026's $340,410 even with one fewer operating week. Weekly revenue rose about 41% from July's $68,082. 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, "The Epic Labor team keeps executing week after week, and we see lots of expansion opportunity ahead."
These results underscore the growing demand for flexible staffing solutions. Epic Labor provides on-demand labor to small and mid-sized businesses across construction, warehousing, hospitality, manufacturing, and event staffing, available 24/7 with its 2-Hour Guarantee. The subsidiary's performance is crucial for Metavesco, which is focused on building infrastructure and opportunity for the OTC market, operating with a long-term, co-owner-aligned philosophy.
The strong weekly growth suggests that Epic Labor is capitalizing on market trends, such as the need for rapid workforce scaling. The company's ability to increase revenue per week significantly could signal improved operational efficiency or higher demand for its services. Investors will be watching to see if this momentum continues in subsequent months.
These preliminary figures are unaudited and reflect revenue only. Complete results will be reported in the company's periodic filings on otcmarkets.com. For more about Epic Labor, visit epiclabor.com. Metavesco's investor information is available at metavesco.com.
