- Metavesco (MVCO, Financial) plans to expand from 3 to 98 branches by 2029.
- Projected run-rate revenue of $125-135 million by 2029.
- Gross margin target improvement from 22% to 29% by 2027.
Metavesco, Inc. (OTC PINK: MVCO) has announced its Epic Labor Expansion Roadmap for 2025-2029, which aims to dramatically increase the company's footprint from 3 to 98 branches across the nation. This ambitious plan is set to propel the company's run-rate revenue to an expected $125-135 million by 2029.
Key milestones of the roadmap include the expansion to 6 branches by 2025 with a gross margin target of 22%, reaching 14 branches with a 25% gross margin by 2026, and growing to 28 branches by 2027 with a 29% gross margin. By the end of 2028, the company plans to operate 48 branches, ultimately reaching a total of 98 branches by 2029.
The strategic growth plan integrates annual bolt-on acquisitions, ranging from $1-3 million during 2025-2027 and increasing to $2-5 million in 2028. Additionally, profitability is expected to be enhanced through self-insurance implementation in 2027, establishment of a shared-services center in 2028, and various technology-driven optimizations. Each new branch is projected to achieve a $1.2 million annual run-rate within six months, increasing to $1.5 million by the second year of operation.
Metavesco's President & CEO, Ryan Schadel, emphasized the disciplined execution plan, stating, "Our roadmap is a carefully crafted strategy to achieve nine-figure annual revenue under five years while maintaining expanding margins annually."
Epic Labor, a subsidiary of Metavesco, offers on-demand staffing solutions in sectors like construction, warehousing, hospitality, and manufacturing, promising swift and reliable workforce solutions to small and mid-sized businesses.
