Business
Everyday People Financial Corp. Reports Q1 2026 Revenue Growth of 35% to $20.4 Million from $15.1 Million from Continuing Operations; AI-Enhanced RCM Platform Scales Operations, Adding 116 Fee-Earning Employees to Support Organic Client Growth While Driving Productivity Improvements
Edmonton, Alberta--(Newsfile Corp. - May 20, 2026) - Everyday People Financial Corp. (TSXV: EPF) (OTCQB: EPFCF) ("EP Financial" or the "Company") today reported financial results for the three months ended March 31, 2026. Total revenue from continuing operations increased 35% to $20.4 million, compared to $15.1 million in the same period of 2025, reflecting the continued scaling of the Company's receivables management business.Total fee-earning headcount across the Company's RCM platform...
About this update from Everyday People Financial Inc
[{"type":"text","content":"Edmonton, Alberta--(Newsfile Corp. - May 20, 2026) - Everyday People Financial Corp. (TSXV: EPF) (OTCQB: EPFCF) ("EP Financial" or the "Company") today reported financial results for the three months ended March 31, 2026. Total revenue from continuing operations increased 35% to $20.4 million, compared to $15.1 million in the same period of 2025, reflecting the continued scaling of the Company's receivables management business.","length":455,"tagName":"p"},{"type":"text","content":"Total fee-earning headcount across the Company's RCM platform increased by 116 positions year-over-year, with the largest cohort of new fee-earning team members added in the Company's recent history to support recently signed clients and anticipated future growth. Investment in AI-enhanced platforms drove meaningful productivity gains during the quarter; based on internal productivity benchmarks, management estimates the Company would have required approximately 25% more headcount than it added to deliver Q1 2026 operating output absent these AI-enabled efficiencies. The 116 positions added year-over-year represent approximately $5.5 million in annualized salary cost, of which approximately $1.5 million was reflected in Q1 2026 salaries and wages compared to the same period in 2025.","length":801,"tagName":"p"},{"type":"text","content":""Q1 was a quarter of deliberate investment. We grew revenue 35% year-over-year as we expanded our largest group of new fee-earning team members in the Company's recent history to support 116 positions across the platform to support clients we have already signed. That capacity is in place ahead of the revenue it will generate, which is reflected in our Q1 Adjusted EBITDA. We expect that gap to close progressively through the balance of 2026 and into 2027," said Graham Rankin, Co-CEO (UK).","length":507,"tagName":"p"},{"type":"text","content":""Our technology investments are doing exactly what we designed them to do, allowing us to scale revenue faster than headcount. By embedding AI across key workflows, we are improving throughput, consistency, and cost efficiency across the platform. That productivity advantage compounds over time, and combined with the pending divestiture of our non-core business segments and our most recent ACT acquisition, positions the Company as...