23:03:24 EDT Wed 11 Mar 2026
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or Name
USA
CA



Dr Phone Fix Canada Corp
Symbol DPF
Shares Issued 182,467,753
Close 2026-03-11 C$ 0.14
Market Cap C$ 25,545,485
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Dr. Phone Fix Canada talks same-store sales

2026-03-11 18:26 ET - News Release

Mr. Piyush Sawhney reports

DR. PHONE FIX REPORTS OVER 50% SAME-STORE GROWTH AND PRODUCTIVITY IMPROVEMENTS FOLLOWING GEEBO ACQUISITION

Dr. Phone Fix Canada Corp. has provided operational updates highlighting year-over-year growth across its store network and early productivity improvements following the integration of the recently acquired Geebo Device Repair Inc. locations. While the company will provide audited results for the year ended Dec. 31, 2025, and the year ended Dec. 31, 2026, when available, unaudited preliminary results for both years are discussed in this press release to illustrate recent operating metrics.

Across the company's original 35-store platform, Dr. Phone Fix generated same-store sales growth of over 50 per cent year over year during the January-to-February period from 2025 to 2026. Same-store sales reflect revenue generated by stores that were operating during both comparison periods. Growth during the period was primarily driven by higher repair volumes, increasing store productivity and the early contribution of insurance repair programs, which are beginning to add incremental repair traffic across the retail network.

The company also reported encouraging early results from the integration of the Geebo acquisition, where Dr. Phone Fix has begun implementing its standardized operating procedures, technician training programs and expanded retail service model.

During the January-to-February, 2026, period, the Geebo operations generated over $175,000 in revenue, representing growth of approximately 12 per cent compared with the same period in the prior year.

Operational improvements implemented following the Geebo acquisition have contributed to improved store productivity across the Geebo locations:

  • Revenue per employee increased 40 per cent to over $22,000 per employee.
  • Average repair throughout increased from approximately three to four repairs per day to approximately seven repairs per day.

"These results demonstrate the strength of our operating model," said Piyush Sawhney, chief executive officer of Dr. Phone Fix. "Our existing stores continue to generate organic growth, while the early progress we are seeing with Geebo highlights our ability to integrate independent repair operators and improve productivity through standardized processes and expanded service offerings."

Since the acquisition, Dr. Phone Fix has begun transitioning the Geebo locations from repair-focused service centres into a broader retail platform that includes device sales, accessory sales, OEM-authorized (original equipment manufacturer) repair services and participation in insurance repair programs.

Key initiatives currently under way include:

  • Full rollout of insurance repair programs;
  • Expansion of OEM-authorized repair services;
  • Growth in device and accessory sales across the acquired stores.

Management expects these initiatives to further increase repair volumes and overall store productivity as integration progresses throughout 2026.

About Dr. Phone Fix Canada 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. Dr. Phone Fix maintains strong partnerships with OEMs and certified suppliers, ensuring consistently high-quality standards across its national footprint. With a mission rooted in sustainability, transparency and exceptional customer service, Dr. Phone Fix continues to set the benchmark for device care and resale in Canada.

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