Dr. Phone Fix estimates 2025 revenue of $12.1-million

Executive Summary

• Dr. Phone Fix Canada Corp. reported preliminary unaudited full-year 2025 financial results, showing significant year-over-year growth in revenue, gross profit, and Adjusted EBITDA.
• The company highlighted improved operational efficiency, with revenue per store reaching an annualized run-rate of approximately $350,000, and outlined a strategic goal to expand its store count to approximately 70 locations by the end of 2026.
• The company entered into a new investor relations agreement with Apollo Shareholder Relations Ltd. to enhance market communications, though this is secondary to the material financial update.

Key Details

• Revenue: Expected to be approximately $12.1 million for 2025, up from $10.2 million in 2024 (year-over-year growth of over 19%).
• Gross Profit: Expected to be approximately $6 million for 2025, compared to $5.4 million in 2024.
• Gross Margins: Remained in the high-40% range, driven by pricing discipline and operational execution.
• Adjusted EBITDA: Expected to be approximately $600,000 for 2025, a material improvement from $187,082 in 2024, driven by operating leverage and improved store-level performance.
• Store Base: The company operated 35 stores during 2025; as of the end of 2025, it operated 44 retail locations nationwide.
• Store Productivity: Unaudited average annualized run-rate revenue per store was approximately $350,000 at the end of 2025.
• Growth Strategy: Management aims to reach approximately 70 stores by the end of 2026 through a balanced approach of organic expansion and disciplined acquisitions.
• Investor Relations Agreement: Entered into a marketing and investor communications agreement with Apollo Shareholder Relations Ltd. (doing business as Edge Investments) on Jan. 23, 2026.
  • Term: Initial term of three months, with an option to extend for an additional three months.
  • Cost: Cash fee of $2,500 per month.
  • Provider Status: Apollo is an arm's-length service provider with no equity interest in the company.

Notable Quotes

• "Our performance in 2025 was driven primarily by continued improvement across our legacy store base, supported by disciplined cost controls, pricing optimization and a strong focus on execution at the store level," said Piyush Sawhney, chief executive officer of Dr. Phone Fix.
• "As we enter 2026, we are operating with a larger national footprint, improving unit economics and increasing scale... the improvements achieved in 2025 reflect structural enhancements to our operating model rather than one-time initiatives, positioning the company for continued margin expansion as scale increases."