Everyday People Financial Corp. Reports Second Quarter Revenue Growth of 20% to $21.1 Million and Six-Month Revenue Growth of 27% to $41.5 Million, as Investment in Fee-Earning Capacity Adds to Top-Line Growth with Further Adjusted EBITDA Improvements
Edmonton, Alberta--(Newsfile Corp. - August 4, 2026) - Everyday People Financial Corp. (TSXV: EPF) (OTCQB: EPFCF) ("EP Financial" or the "Company") today reported financial results for the three and six months ended June 30, 2026. Total revenue from continuing operations increased 20% to $21.1 million for the second quarter, compared to $17.7 million in the same period of 2025. For the six months ended June 30, 2026, total revenue from continuing operations increased 27% to $41.5 million, compared to $32.8 million in the same period of 2025, reflecting organic client growth and the contribution of the ACT Credit Management Limited ("ACT") acquisition.
The Company's continued investment in fee-earning capacity, discussed further below, has contributed to this revenue growth, and Adjusted EBITDA improved sequentially to $1.0 million for the second quarter of 2026 from $0.5 million for the first quarter of 2026. On a comparable basis, after excluding $0.9 million of suspense and overpayment income recognized by the Company's Global Receivables Management subsidiaries in the second quarter of 2025 (see below), Adjusted EBITDA was $1.0 million for the second quarter of 2026 compared to $1.1 million for the same period of 2025, and $1.5 million for the six months ended June 30, 2026 compared to $2.6 million for the same period of 2025. Management expects Adjusted EBITDA margins to continue to improve in upcoming quarters as this investment continues to convert into revenue, although this is a forward-looking statement and there can be no assurance that actual results will not differ materially from this expectation.
Get started
Create a free account to read the full story.
