22:11:25 EST Thu 22 Jan 2026
Enter Symbol
or Name
USA
CA



Dr Phone Fix Canada Corp
Symbol DPF
Shares Issued 180,967,750
Close 2026-01-22 C$ 0.19
Market Cap C$ 34,383,873
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Dr. Phone Fix increases store count to 44 nationwide

2026-01-22 17:12 ET - News Release

Mr. Piyush Sawhney reports

DR. PHONE FIX ACCELERATES NATIONAL EXPANSION, GROWS STORE COUNT TO 44 AND DELIVERS STRONG SAME-STORE PERFORMANCE

Dr. Phone Fix Canada Corp. today provided a corporate update highlighting significant expansion momentum and continued operational performance across its retail network.

Over the final 44 days of 2025, Dr. Phone Fix increased its store count from 35 to 44 locations, representing a 26-per-cent expansion of the company over a short period of time. This growth was driven by a combination of the following initiatives:

  • Six locations were added through the previously announced acquisition of the assets of Geebo Device Repair Inc. in Atlantic Canada.

  • Three additional stores were added to the company's store network, including one in Alberta, one in Nova Scotia and one in Ontario.

In parallel with this expansion, the company continued to demonstrate improving store-level economics. From October to December, 2025, the average annualized revenue across the company's original 35 stores increased from approximately $320,000 per store to approximately $350,000 per store, reflecting stronger execution, improved operational processes and growing brand recognition. This same-store performance improvement highlights Dr. Phone Fix's ability to scale while enhancing productivity and unit economics.

"This update reflects the strength of our operating model," said Piyush Sawhney, founder and chief executive officer of Dr. Phone Fix. "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."

Growth strategy outlook

Dr. Phone Fix's growth strategy is focused on two complementary pillars:

1. Operational excellence at the store level

The company remains focused on driving both top-line revenue growth and bottom-line margin expansion at each location through disciplined cost controls, standardized processes, supplier scale benefits and continued investments in training and systems.

2. Aggressive, disciplined expansion

Dr. Phone Fix intends to continue expanding its national footprint.

"We believe the market opportunity remains highly fragmented and under-consolidated," added Mr. Sawhney. "Our proven ability to integrate acquisitions, improve store-level performance and scale profitably gives us confidence in our path forward."

About Dr. Phone Fix Corp.

Dr. Phone Fix is an award-winning, eco-friendly and customer-centric leader in Canada's cellphone and electronics repair and certified preowned device industry. Founded in 2019, the company now operates 44 corporately owned retail locations nationwide, delivering fast, reliable and environmentally conscious repair services alongside a curated selection of certified preowned devices and premium accessories.

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