Dr. Phone Fix Canada talks same-store sales

Executive Summary

• Dr. Phone Fix Canada Corp. reported over 50% same-store sales growth year-over-year for the January-February 2026 period across its original 35-store network, driven by higher repair volumes and insurance program adoption.
• The company highlighted early productivity improvements following the acquisition of Geebo Device Repair Inc., with Geebo locations generating over $175,000 in revenue (up ~12% YoY) during the same period.
• Key operational metrics for Geebo locations show a 40% increase in revenue per employee (to >$22,000) and a doubling of average daily repairs per technician (from ~3-4 to ~7).

Key Details

• Same-Store Sales Growth: Over 50% year-over-year growth for the January-to-February 2026 period compared to the same period in 2025.
• Geebo Acquisition Revenue: Geebo operations generated over $175,000 in revenue during January-February 2026, representing approximately 12% growth compared to the prior year.
• Productivity Metrics (Geebo Locations):
  • Revenue per employee increased by 40% to over $22,000 per employee.
  • Average repairs per day increased from approximately 3-4 to approximately 7.
• Growth Drivers: Growth in the original network was primarily driven by higher repair volumes, increasing store productivity, and early contributions from insurance repair programs.
• Integration Initiatives: Dr. Phone Fix is transitioning Geebo locations from repair-focused centers to a broader retail platform including:
  • Full rollout of insurance repair programs.
  • Expansion of OEM-authorized repair services.
  • Growth in device and accessory sales.
• Financial Reporting Note: The release mentions that audited results for the years ended Dec. 31, 2025, and Dec. 31, 2026, will be provided when available, but uses unaudited preliminary results for the Jan-Feb 2026 period to illustrate operating metrics.

Notable Quotes

• "These results demonstrate the strength of our operating model. Our existing stores continue to generate organic growth, while the early progress we are seeing with Geebo highlights our ability to integrate independent repair operators and improve productivity through standardized processes and expanded service offerings." — Piyush Sawhney, Chief Executive Officer