Mr. Piyush Sawhney reports

DR. PHONE FIX REPORTS PRELIMINARY FULL-YEAR 2025 FINANCIAL RESULTS

Dr. Phone Fix Canada Corp. has provided a financial update for the year ended Dec. 31, 2025. While the company will provide audited results for the year ended Dec. 31, 2025, when available, unaudited preliminary results indicate the following:

• Revenue for 2025 is expected to be approximately $12.1-million, compared with $10.2-million in 2024, representing year-over-year growth of over 19 per cent.
• Gross profit for 2025 is expected to be approximately $6-million, compared with $5.4-million in 2024, with gross margins remaining in the high-40-per-cent range, reflecting continued pricing discipline and operational execution.
• Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) for 2025 is expected to be approximately $600,000, compared to $187,082 in 2024, representing a material year-over-year improvement driven by operating leverage and improved store-level performance.

The above expectations are based on the company's 35-store operating base during 2025. As previously disclosed in the company's press release dated Jan. 22, 2026, the company exited 2025 with unaudited average annualized run-rate revenue per store of approximately $350,000, reflecting continued improvement in store-level productivity across the legacy network. As newly acquired and recently opened locations mature, management expects further operating leverage and margin expansion across the national platform.

"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. "During the year, we observed consistent customer demand across our existing store network, which allowed management to prioritize operational efficiency and store-level performance.

"As we enter 2026, we are operating with a larger national footprint, improving unit economics and increasing scale," continued Mr. Sawhney. "Our growth strategy remains balanced between organic expansion and disciplined acquisitions, supported by a robust pipeline of potential targets, which we expect to execute on throughout the year as we work toward our objective of reaching approximately 70 stores by the end of 2026. Importantly, 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."

Investor relations agreement with Apollo Shareholder Relations Ltd.

With the company reaching a new level of scale, profitability and national footprint, management has elected to pro-actively enhance its investor communications to ensure the market fully understands the company's evolving fundamentals.

Accordingly, Dr. Phone Fix is pleased to announce that it has entered into a marketing and investor communications agreement with Apollo Shareholder Relations (doing business as Edge Investments), dated Jan. 23, 2026. Under the agreement, Apollo will provide digital investor relations and communications services to the company, designed to increase investor awareness and understanding of the company and its business.

The agreement has an initial term of three months, with an option for the company, to extend the term of the agreement for an additional three months. In consideration for its services, the company will pay Apollo a cash fee of $2,500 per month over the initial term and $2,500 for each successive month during the term of the agreement.

Apollo was co-founded and is owned by Kevan Matheson, Chase Kazakoff and Jazz Chodak, and Apollo operates as an arm's-length service provider to the company. To the best of the company's knowledge, Apollo does not have any equity interest in the securities of the company or a right to acquire such an interest. Apollo's offices are located at 1395 Bear Mountain Parkway, Langford, B.C., V9B 0E1.

About Dr. Phone Fix Canada Corp.

Dr. Phone Fix is a national, 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 retail locations nationwide through a standardized and scalable operating platform designed to support consistent execution across multiple markets, delivering fast, reliable and environmentally conscious repair services alongside a curated selection of certified preowned devices and premium accessories. Dr. Phone Fix maintains strong partnerships with OEMs (original equipment manufacturers) and certified suppliers, ensuring consistently high-quality standards across its national footprint. With a focus on responsible device life-cycle management, customer service and operational discipline, Dr. Phone Fix continues to set the benchmark for device care and resale in Canada.

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