Epic Labor Revenue Triples to $340K in July, Margins Expand
MVCO sits 50% above its 52-week low of $0 on light trading volume (0.3× avg).
Summary
Metavesco's staffing subsidiary Epic Labor posted July revenue of $340,410, a 280% jump from a year ago, with weekly run rates more than tripling. Gross margin improved to about 24% from 21.74%, and a single week topped $100,000 for the first time. The numbers are preliminary and unaudited, but they show accelerating momentum in the on-demand labor business. This follows the June strategic realignment where Metavesco wound down crypto and blockchain activities to focus on Epic Labor. The revenue scale is still small relative to the company's micro-cap size, but the growth trajectory and margin expansion suggest the pivot is gaining traction.
At the time of this announcement, MVCO was trading at $0.00 on OTC in the Trade & Services sector, with a market capitalization of approximately $2.9M. The 52-week trading range was $0.00 to $0.00. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: EQS.