Dr. Phone Fix Canada Corporation says it expanded its national retail footprint to 44 locations by the end of 2025, while also posting higher average revenue across its existing stores.
The Edmonton-based consumer electronics repair and resale company said that it grew from 35 to 44 locations over the final 44 days of 2025, a 26 per cent increase in its store count, driven by acquisitions and new store openings.
The company, which trades on the TSX Venture Exchange under the symbol DPF, also reported improved same-store performance in the final quarter of the year, with average annualized revenue per store rising across its original locations.
Late-2025 expansion
Dr. Phone Fix said six of the nine new locations were added through its previously announced acquisition of the assets of Geebo Device Repair Inc. in Atlantic Canada.
The remaining three stores were opened organically, with one new location each in Alberta, Nova Scotia and Ontario.
The company said the expansion reflects its ability to add locations quickly while maintaining operational performance across its retail network.
“This update reflects the strength of our operating model,” founder and chief executive officer Piyush Sawhney said in a statement. “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.”
Same-store performance improves
Alongside the store count growth, Dr. Phone Fix reported gains in store-level economics at its existing locations.
From October to December 2025, the average annualized revenue across the company’s original 35 stores increased to about $350,000 per store, up from approximately $320,000 earlier in the period.
The company attributed the increase to stronger execution, improved operational processes and growing brand recognition, saying the results demonstrate its ability to scale while improving productivity and unit economics.
Growth strategy outlined
Dr. Phone Fix said its growth strategy continues to centre on two areas: improving performance at individual stores and expanding its national footprint.
On the operational side, the company said it remains focused on driving revenue growth and margin expansion at each location through cost controls, standardized processes, supplier scale benefits and investments in training and systems.
At the same time, Dr. Phone Fix said it plans to pursue further expansion through a mix of acquisitions and organic store openings in high-traffic markets.
The company said it is targeting the acquisition of independent and regional repair chains, alongside new store development, as part of a broader plan to grow its corporately owned store network.
Building on its recent expansion, Dr. Phone Fix said it is evaluating a pipeline of acquisition opportunities and active site development, with a stated objective of scaling its store count to about 70 locations over the next 12 months.
“We believe the market opportunity remains highly fragmented and under-consolidated,” Sawhney said. “Our proven ability to integrate acquisitions, improve store-level performance, and scale profitably gives us confidence in our path forward.”
Demand and market conditions
The company said it continues to benefit from strong consumer demand for device repair services, citing rising device replacement costs, increased reliance on mobile technology and a growing focus on repair and sustainability over replacement.
Dr. Phone Fix did not provide financial guidance or earnings figures in the update, which was described as a corporate and operational overview.
About the company
Founded in 2019, Dr. Phone Fix operates corporately owned retail locations across Canada that provide cell phone and electronics repair services, along with the resale of certified pre-owned devices and accessories.
The company describes itself as eco-friendly and customer-centric and says it works with original equipment manufacturers and certified suppliers to maintain quality standards across its network.
Dr. Phone Fix said it now operates 44 corporately owned locations nationwide following its most recent expansion.
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