Metavesco, Inc. (OTCID: MVCO), a diversified holding company, announced preliminary unaudited results for its on-demand staffing subsidiary, Epic Labor, Inc., showing a significant revenue surge in August 2026. The subsidiary generated $382,730 in revenue for the month, a 129% increase compared to $167,115 in August 2025. This growth is particularly notable because August 2025 was a five-week fiscal month, while August 2026 was a four-week fiscal month. On an average weekly basis, revenue jumped approximately 186% to about $95,700 per week from $33,423 per week in the prior-year period.
The sequential performance also impressed, with August revenue exceeding July 2026's $340,410 despite having one fewer operating week. On a weekly basis, revenue rose approximately 41% sequentially, from about $68,082 in July to about $95,700 in August. Ryan Schadel, President and CEO of Metavesco, emphasized 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. The Epic Labor team keeps executing week after week, and we see lots of expansion opportunity ahead.”
These results are preliminary and unaudited, reflecting revenue only. Complete results will be reported in the Company's periodic filings on otcmarkets.com. The strong performance underscores the growing demand for flexible staffing solutions, a trend that has been accelerating as businesses seek to adapt to fluctuating workforce needs. Epic Labor's services, which span construction, warehousing, hospitality, manufacturing, and event staffing, are available 24/7 and backed by the company's 2-Hour Guarantee, positioning it well to capitalize on this demand.
The announcement carries broader implications for the staffing industry and the gig economy. The substantial year-over-year and sequential growth suggests that on-demand labor is becoming an increasingly integral part of business operations. Companies are leveraging such services to manage variable workloads and reduce fixed labor costs, a trend that may continue as economic uncertainty persists. For Metavesco, the performance of Epic Labor is a key driver of value, as the company focuses on building infrastructure and opportunity for the OTC market. The holding company operates Epic Labor and other wholly owned subsidiaries, with a long-term, co-owner-aligned philosophy.
Investors and analysts will be watching to see if this momentum can be sustained. The weekly run rate improvements indicate operational efficiency and market traction, but the company must also manage potential risks such as labor shortages and regulatory challenges. The forward-looking statements in the press release remind stakeholders that actual results may differ due to various factors. Nonetheless, the August numbers provide a positive signal for Metavesco's strategic direction and the resilience of the on-demand staffing sector.
