Dr. Phone Fix increases store count to 44 nationwide

Executive Summary

• Dr. Phone Fix Canada Corp. reported significant operational growth, increasing its store count from 35 to 44 locations over the final 44 days of 2025, representing a 26% expansion.
• The company demonstrated improved same-store performance, with average annualized revenue per store rising from approximately $320,000 to $350,000 between October and December 2025.
• Growth was driven by the acquisition of Geebo Device Repair Inc. assets in Atlantic Canada and organic expansion into Alberta, Nova Scotia, and Ontario.

Key Details

• Store Count Expansion: Increased total locations from 35 to 44.
• Acquisition Activity: Added six locations through the acquisition of assets from Geebo Device Repair Inc. in Atlantic Canada.
• Organic Growth: Added three new stores in Alberta, Nova Scotia, and Ontario.
• Same-Store Revenue Growth: Average annualized revenue for the original 35 stores increased from ~$320,000 to ~$350,000 (Oct-Dec 2025).
• Strategic Pillars: Focus on operational excellence (cost controls, standardized processes, supplier scale) and aggressive, disciplined national expansion.
• Management Commentary: CEO Piyush Sawhney highlighted the strength of the operating model, citing rapid expansion combined with improved store-level performance as a driver for long-term shareholder value.

Notable Quotes

• "This update reflects the strength of our operating model. We are expanding rapidly while simultaneously improving performance at the store level. That combination is exactly what we believe will drive long-term shareholder value." — Piyush Sawhney, Founder and CEO
• "We believe the market opportunity remains highly fragmented and under-consolidated. Our proven ability to integrate acquisitions, improve store-level performance and scale profitably gives us confidence in our path forward." — Piyush Sawhney, Founder and CEO