Welcome to our dedicated page for Everyday People news (Ticker: EPFCF), a resource for investors and traders seeking the latest updates and insights on Everyday People stock.
Everyday People Financial Corp. reports news on its technology-driven financial services business, including Revenue Cycle Management operations and fee-for-service Financial Services activities in Canada and the United Kingdom. Its RCM business helps organizations recover receivables and streamline billing processes without purchasing consumer debt, while its financial services activities include digital tools and credit access programs for Canadians.
Company updates commonly cover operating and financial results, MD&A disclosures, capital-structure matters, shareholder voting and governance items, material agreements, and regulatory or operational developments tied to the AnyDay/EveryDay Payments platform.
Everyday People Financial (OTCQB: EPFCF) held its annual and special meeting of shareholders on September 29, 2025, where shareholders approved several key corporate governance matters. The meeting resulted in the election of seven directors and the appointment of MNP LLP as the company's auditor.
Shareholders also approved the company's Omnibus Share Incentive Plan, which includes provisions for Options, RSUs, PSUs, and DSUs. The plan sets a 10% rolling limit for total equity awards and a maximum of 5,000,000 Common Shares for Share Units and DSUs specifically.
Everyday People Financial (TSXV: EPF) (OTCQB: EPFCF), a technology-driven financial services provider, will participate in the upcoming Annual Smallcap Discoveries Conference in Vancouver. Executive Chairman Gordon Reykdal will present on September 30, 2025 at the Parq Hotel and Casino.
The conference aims to strengthen Canada's microcap ecosystem by facilitating connections between investors and growth companies, improving capital access, and supporting entrepreneurship. The event will feature company presentations, keynote sessions, and one-on-one meetings.
Everyday People Financial (OTCQB: EPFCF) reported strong Q2 2025 financial results, with revenue surging 40% year-over-year to $22.1 million. The company's six-month revenue increased 30% to $39.8 million, driven by expansion in Revenue Cycle Management (RCM) services and EP Homes program.
Q2 2025 highlights include net income growth to $0.8 million from $0.1 million in Q2 2024, and operating cash flow of $6.2 million for H1 2025. The company's balance sheet strengthened with total assets reaching $73.0 million and shareholders' equity more than doubling to $16.1 million. The successful integration of Commercial Collection Services Limited and pivot to the Borrowed Down Payment Program demonstrates the company's effective execution of its capital-light business strategy.
Everyday People Financial (OTCQB: EPFCF) has announced its upcoming annual and special meeting of shareholders, scheduled for September 29, 2025. The meeting will be held in a virtual format.
The company has set August 20, 2025 as the record date for determining shareholders eligible to receive notice and vote at the meeting. Shareholders will receive a notice and access notification by August 29, 2025, which will include virtual meeting access instructions and information on obtaining meeting materials.
Everyday People Financial (OTCQB: EPFCF) has reported significant operational improvements in its UK Revenue Cycle Management division following AI technology deployments. The implementation of Inicio.AI's digital solutions has led to a 24% reduction in call handling time and a 29% increase in customer engagement, while payment success rates improved to 93%.
The company's UK operations, comprising BPO Collections, Commercial Collection Services, and Everyday People Financial Solutions, now employ over 650 staff. The AI implementation has helped identify approximately $50 million in unclaimed benefits for customers. Fournet's speech analytics technology has reduced post-call wrap-up time by 50%. The company plans to expand these AI technologies to its Canadian operations in fall 2025.
Everyday People Financial Corp. (OTCQB: EPFCF) has completed a strategic sale of its remaining EP Homes inventory to EAM Enterprises for $3.95 million, marking a significant transition to a fee-for-service business model. The transaction generated a gain of $222,153 and enabled the company to retire $3.03 million in housing-related debt with interest rates ranging from 5.74% to 13.5%.
The sale represents a premium to book value and completes the company's strategic exit from non-core operations. This transformation allows Everyday People to focus on its core platforms in Revenue Cycle Management and EP Financial Services, positioning the company for a more scalable, technology-driven future with improved financial metrics.
The transaction was classified as a related party transaction, as the buyer EAM is owned by the spouse of Everyday People's Executive Chairman, though independent appraisals were obtained to ensure fairness.
Everyday People Financial Corp. (TSXV: EPF) (OTCQB: EPFCF) has announced its participation in the Centurion One Capital 6th Annual LA Summit, scheduled for June 2-5, 2025, at the Beverly Hills Hotel in Los Angeles. The company's Executive Chairman, Gordon Reykdal, will deliver a presentation, participate in a panel discussion, and be available for one-on-one investor meetings during the event.
The summit will feature presentations, panel discussions, and individual investor meetings from 9:00 AM to 5:00 PM PDT on June 4th and 5th. Everyday People aims to showcase its innovations in financial services targeting underserved markets in Canada and the UK.
Everyday People Financial reported strong financial results for FY2024, with revenue reaching $57.1 million, marking a 51% increase from 2023's $37.9 million. The company's growth was driven by successful acquisitions and scaling of non-lending financial services.
Key highlights include:
- Q4 2024 revenue was $8.8 million, down 9% from Q4 2023
- Net loss before tax increased to $6.7 million in 2024 from $2.5 million in 2023
- Revenue Cycle Management reached about $50 million with 15% EBITDA margins
- Successfully reduced $14.9 million in debt between July 2024 and February 2025
The company made accounting adjustments, including a $3.6 million revenue reversal and $2.8 million revenue deferral in Q4. On a fully adjusted basis, 2024 revenue would have been approximately $66.2 million. Looking ahead, the company aims for net profitability in 2025 through RCM acquisitions and expanded Financial Services.
Everyday People Financial Corp. (TSXV: EPF) (OTCQB: EPFCF) has announced executive leadership changes to support growth across its two core business platforms. The reorganization focuses on:
Revenue Cycle Management (RCM): Barret Reykdal becomes Co-CEO overseeing North American operations, while Graham Rankin continues as Co-CEO for UK operations. The RCM division helps organizations manage receivables without purchasing consumer debt.
Financial Services: Tyler Hatch, former COO of Financial Services, is appointed Co-CEO of this division, which provides digital payment products and credit access programs. Hatch played a key role in establishing the company's Health Spending Account program and strategic partnership with an Alberta health benefits administrator.
The restructuring aims to scale the company's capital-light business model while maintaining its commitment to ethical, customer-first financial solutions.