RCM Technologies(US:RCMT) Newsfileยท2025-11-14 22:05Core Insights - Everyday People Financial Corp. reported a record revenue growth of 51% in its Revenue Cycle Management (RCM) segment and expanded its AnyDay Tip Payments Program [1][2] Financial Performance - Q3 revenue increased by 6% to $18.9 million compared to $17.8 million in Q3 2024, while nine-month revenues rose 21% year-over-year to $58.7 million from $48.3 million [1] - RCM segment revenue surged by 51% in Q3 to $18.8 million from $12.5 million in Q3 2024, with nine-month revenue increasing 40% year-over-year to $51.6 million from $36.9 million [2][3] RCM Segment Growth - The RCM operations experienced organic expansion and strategic acquisitions, contributing to double-digit growth in revenue and profitability [3] - The addition of ACT Credit Management positions the company to exceed $100 million in RCM revenue in 2026, targeting a 20% EBITDA margin [4] Financial Services Expansion - The execution of a Management Services Agreement with XTM Inc. allows Everyday People Payments to manage Canadian network-branded card and wallet programs, with expected processing of $750 million to $1 billion in tip and wage disbursements in 2026 [5][4] - The Everyday Health Spending Account (HSA) platform is expected to generate annual revenues of $5 to $7 million at launch, with high contribution margins [7] Operational Strategy - The company emphasizes disciplined cost controls and operational scalability to drive sustainable shareholder value [8] - The growth strategy focuses on expanding RCM leadership, scaling financial services, and delivering strong financial performance under a capital-light model [11] Key Financial Highlights - Adjusted EBITDA for Q3 2025 was $2.341 million, down from $3.085 million in Q3 2024, while nine-month adjusted EBITDA was $6.679 million compared to $8.569 million in the previous year [9] - The adjusted EBITDA for the RCM segment for Q3 2025 was $2.728 million, significantly up from $1.394 million in Q3 2024 [12]