EDMONTON, AB, April 30, 2026 /CNW/ - Dr. Phone Fix Canada Corporation (TSXV:DPF) ("Dr. Phone Fix" or the "Company"), one of Canada's fastest-growing consumer electronics repair and resale platforms, is pleased to announce its financial results for the three and twelve months ended December 31, 2025, and provide an update on recent corporate developments. The Company operates a network of 44 corporately owned stores across five Canadian provinces.
Financial Results Summary
(all dollar amounts in CAD 000's)
Three Months Ended Dec 31, 2025
Three Months Ended Dec 31, 2024
Variance (%)
Twelve Months Ended Dec 31, 2025
Twelve Months Ended Dec 31, 2024
Variance (%)
Revenue
3,835
2,601
+47 %
12,154
10,180
+19 %
Gross Profit
1,347
1,322
+2 %
5,875
5,396
+9 %
Gross Margin
35.1 %
50.8 %
-15.7 %
48.3 %
53.0 %
-4.7 %
Operating Expenses (SG&A)
2,063
2,066
0 %
8,118
7,768
+5 %
Adjusted EBITDA(1)
(104)
259
nm
596
187
+219 %
Cash
232
346
-33 %
232
346
-33 %
(1) See Non-GAAP Financial Measure towards the end of this document.
"2025 marked a transformational year for Dr. Phone Fix, highlighted by our successful public listing, strong revenue growth, and continued national expansion," said Piyush Sawhney, Founder and Chief Executive Officer of Dr. Phone Fix.
"We expanded our footprint to 44 corporately owned stores, entered Atlantic Canada through the Geebo acquisition, and strengthened our capital structure through closing an oversubscribed financing. While reported profitability was impacted by one-time listing and transaction expenses, our underlying operating performance continued to improve, supported by strong same-store sales and disciplined cost management."
Mr. Sawhney continued, "While fourth quarter margins reflected a higher mix of certified pre-owned device sales, this shift is consistent with our strategy to drive higher revenue throughout and expand our market share. Looking ahead, our growth strategy remains focused on a balanced approach of new store openings and targeted acquisitions. With our national platform now established and infrastructure in place, we are focused on leveraging our growing scale, improving unit-level economics, and executing on a disciplined acquisition pipeline in a highly fragmented market."
Q4 2025 Financial Highlights
Revenue increased 47% to $3.84 million, compared to $2.60 million in Q4 2024, driven by strong seasonal demand, continued same-store sales growth, and increased certified pre-owned device sales, supported by higher volumes from insurance repair ...
