Everyday People Financial Corp. Reports 33% Revenue Growth to $76.2 Million for Fiscal 2025, Driven by 47% Growth in RCM Revenue to $69.7 Million; RCM Adjusted EBITDA of $9.4 Million and Total Adjusted EBITDA of $8.0 Million, Up 116%
Rhea-AI Summary
Everyday People Financial (OTCQB: EPFCF) reported fiscal 2025 revenue of $76.2M (+33%) and RCM revenue of $69.7M (+47%). Adjusted EBITDA rose to $8.0M (up 116%) while net loss narrowed to $1.4M. The company acquired ACT on Jan 7, 2026, and agreed to divest EP Homes and Financial Services for $850,000, pending shareholder and TSXV approvals. Post-transaction, EP Financial will operate as a pure-play international RCM platform with over 650 professionals.
Positive
- Revenue +33% to $76.2 million
- RCM revenue +47% to $69.7 million
- Adjusted EBITDA +116% to $8.0 million
- Net working capital deficiency improved by $5.7M
Negative
- Net loss of $1.4M for FY2025
- Divestiture sale price of $850,000 subject to approvals
- Net working capital remains a $(5.6)M deficiency
News Market Reaction – EPFCF
In the Apr 23 session, EPFCF gained 4.60%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Edmonton, Alberta--(Newsfile Corp. - April 22, 2026) - Everyday People Financial Corp. (TSXV: EPF) (OTCQB: EPFCF) ("EP Financial" or the "Company") today reported financial results for the year ended December 31, 2025. Total consolidated revenue increased
The Company has entered into an agreement to divest its Financial Services and EP Homes non-core business segments to FinCard Financial Services Inc. ("FinCard"), a wholly owned subsidiary of EAM Enterprises Inc. ("EAM"), subject to disinterested shareholder approval and final TSX Venture Exchange ("TSXV") approval. Following completion, the Company will operate exclusively as a pure-play international RCM platform spanning BPO Collections Ltd. ("BPO"), Everyday People Financial Solutions Limited ("EPFS"), CCS Group Holdings Limited ("CCS"), General Credit Services Inc. ("GCS"), and Groupe Solution Collect Solu Inc. ("Groupe Solution"), and its most recent acquisition of ACT Credit Management Limited ("ACT"), collectively employing over 650 professionals across Canada and the United Kingdom ("UK").
This news release should be read in conjunction with the Company's audited consolidated financial statements and Management's Discussion and Analysis report for the year ended December 31, 2025, which have been posted under the Company's profile on SEDAR+ at www.sedarplus.ca. All figures are in Canadian dollars unless otherwise stated.
The Company delivered strong financial performance, reporting revenue of
Key financial highlights for the year ended December 31, 2025
| Year ended December 31, 2025 | Year ended December 31, 2024 | |
| Revenue | 76,175 | 57,126 |
| Direct costs | 26,198 | 23,389 |
| Gross profit | 49,977 | 33,737 |
| Total operating expense | 51,462 | 38,870 |
| Loss from operations | (1,485) | (5,133) |
| Total other (income) expense | 408 | (1,529) |
| Net loss before tax | (1,077) | (6,662) |
| Net loss for the period | (1,418) | (6,628) |
| Adjusted EBITDA | 8,012 | 3,703 |
| Cash provided by operating activities | 6,045 | 6,205 |
| Loss per share - Basic |
Revenue for the year ended December 31, 2025, was
Gross profit was
Net loss before tax was
Adjusted EBITDA was
Cash from operating activities was
Total liabilities decreased to
Adjusted EBITDA reconciliation — year ended December 31, 2025
| Year ended December 31, 2025 | Year ended December 31, 2024 | |
| Net loss before tax | (1,077) | (6,662) |
| Depreciation and amortization | 3,734 | 3,389 |
| Finance costs | 2,303 | 3,058 |
| Share-based compensation | 680 | 458 |
| One-time (income) expenses (1) | (300) | 448 |
| Reversal of surplus revenue (2) | 2,668 | 2,678 |
| Acquisition costs | — | 324 |
| Other adjustments | 4 | 10 |
| Adjusted EBITDA | 8,012 | 3,703 |
| Adjusted EBTDA (after finance costs) | 5,709 | 645 |
| (1) For FY2025, one-time income includes a (2) FY2025 and FY2024 reversal of surplus revenue relates to the overpayment and suspense income adjustment in the UK RCM operations, reflecting the potential liability associated with refunds under UK statute of limitations. Historically, minimal amounts are actually refunded. | ||
Business segment highlights
Revenue Cycle Management (RCM): RCM revenue of
Business and operational highlights
- Adjusted EBITDA of
$8.0 million : A116% improvement over$3.7 million in 2024, driven by RCM segment growth and operating leverage. RCM services Adjusted EBITDA was$9.4 million , compared to$7.4 million in 2024, reflecting the full-year contribution of CCS and continued organic growth across BPO, EPFS, GCS, and Groupe Solution. - Debt reduction and balance sheet strengthening: Total liabilities declined by
$10.6 million . The EAM medium-term note was fully settled through share issuances of$7.4 million , eliminating approximately$0.9 million in annualized interest. Total shareholders' equity grew by$7.1 million to$13.5 million . - CCS integration: Successful integration of CCS, acquired in November 2024, delivering a full year of UK RCM revenue and expanding the Company's creditor services capabilities.
- Net working capital improvement: Net working capital deficiency improved by
$5.7 million to$(5.6) million , from$(11.3) million at December 31, 2024.
Subsequent events
Acquisition of ACT: On January 7, 2026, through its wholly owned subsidiary BPO, the Company acquired
Divestiture of EP Financial Services: On March 11, 2026, the Company entered into a share purchase agreement (the "Transaction") with FinCard, a wholly owned subsidiary of EAM, the Company's principal shareholder, to divest
About Everyday People Financial Corp.
Everyday People Financial Corp. is a pure-play international Revenue Cycle Management ("RCM") company, providing fee-for-service receivables management and debt collection services across Canada and the United Kingdom. First established in 1988, we have a workforce of over 650 professionals operating across Canada and the United Kingdom.
The Company's RCM platform — operating under BPO, EPFS, CCS, ACT, GCS, and Groupe Solution — helps organizations recover receivables and streamline billing processes without purchasing consumer debt.
Founded on the belief that everyone deserves a second chance to financially reestablish themselves, the Company is committed to responsible receivables management that puts the customer at the heart of the process — delivering optimal outcomes for clients while treating consumers with dignity and affordability. For more information visit:
For more information visit: www.everydaypeoplefinancial.com.
Contact
Graham Rankin
Co-CEO RCM (UK)
letsconnect@epfinancial.ca
1 888 825 9808 (Press Option 2 for Investor and Media Relations)
Cautionary Note Regarding Forward-Looking Statements
This news release includes certain "forward-looking statements" or "forward-looking information" (collectively referred to hereafter as "forward-looking statements") under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to the Company's future financial performance, revenue growth, margins and Adjusted EBITDA financial, performance, and key financial metrics, results of operations, integration of the acquired businesses, the completion, timing and expected effects of the proposed divestiture of the EP Homes and Financial Services businesses, including the Company's transformation into a pure-play international RCM platform, and the business, plans, strategy and operations, and future participation rights, of the Company. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the risk that the proposed divestiture may not close on the terms currently contemplated or at all, the negotiation and completion of the proposed transaction, regulatory approvals including disinterested shareholder approval and TSXV acceptance, market conditions, changes in client demand, operational performance, expectations and assumptions concerning the Company and the acquired businesses as well as other risks and uncertainties, including those described in the documents filed by the Company on SEDAR+ at www.sedarplus.ca. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/293869