Metus Lykos is a debt law firm in Ontario that helps individuals and business owners deal with debt. We run their Meta ads: the media buying, the testing and the ad designs. In May 2026 the account ran one Business Debt lead campaign at about $110 a day. It now runs two campaigns at $700 a day.
Spending more on Facebook and Instagram is easy. Spending more without the cost of each lead running away is the hard part, because as the budget grows the same ads get shown to the same people more often. The goal was to grow spend more than five times while keeping every dollar tied to a cost per lead.
This page covers the ads. For the brand, website and SEO work, see the full Metus Lykos case study.
Three parts: separate campaigns for separate buyers, a weekly testing system that keeps finding new winners, and a designer who builds from the numbers instead of guessing.
01.
A person with $50,000 of credit card debt and a business owner with a six-figure debt are different buyers. They respond to different messages and they are worth different amounts to the firm. We run them as two campaigns, Personal Debt and Business Debt, each with its own budget, its own ads and its own cost per lead. The Personal Debt campaign launched in September 2026 and brought in 261 leads at $19.23 each in its first month.
02.
In the 90 days to October 26, 2026, the account ran 162 ads. 19 of them became winners, with three or more leads each. Every ad is judged by the same rules. An ad that spends $50 without a lead is paused. An ad whose cost per lead climbs 50% above its own average is flagged as worn out and replaced. A campaign whose audience sees the ads more than three times a week gets new creative. If you are comparing agencies, ask how they decide when an ad gets cut. Our guide on what to look for in a marketing agency covers the other questions worth asking.
03.
Every Sunday a report updates with the cost per lead for each campaign, the ads that are working, the ones that are not, and a list of requests for the designer. Replacements for worn out ads are due Wednesday. New versions of the week’s winners are due Friday. Each new ad starts from what is already winning, keeping the offer and changing one thing, so every test teaches us something.
From May to October 2026 the account spent $44,963 and brought in 1,521 leads, an average of $29.56 per lead. Monthly spend grew from $3,403 in May to $18,474 in October, 5.4 times higher. Monthly leads grew from 132 to 490, 3.7 times higher.
The Personal Debt campaign held between $19.23 and $23.15 per lead while it scaled from launch to $5,393 a month. The Business Debt campaign costs more per lead, $50.90 in October, and it is where the testing is focused now.
The Business Debt campaign now targets owners with $100,000 or more of debt, down from $250,000, with new ads in testing. The Personal Debt campaign keeps scaling on its winning ads. You can see all our case studies, or let’s talk about your marketing.
| Month 2026 | Spend | Leads | Cost per lead |
|---|---|---|---|
| May | $3,403 | 132 | $25.78 |
| June | $3,351 | 154 | $21.76 |
| July | $3,327 | 144 | $23.11 |
| August | $3,343 | 136 | $24.58 |
| September | $13,065 | 465 | $28.10 |
| October | $18,474 | 490 | $37.70 |
| Total | $44,963 | 1,521 | $29.56 |