The company focuses on device repair, resale and what it characterized as responsible device lifecycle management as it continues to expand its national footprint.
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.
Founded in 2019, Dr. Phone Fix operates a nationwide network of 35 corporately owned cell phone and electronics repair stores across four Canadian provinces.
Dr. Phone Fix said it continues its growth momentum with revenue up 13% from 2024, gross margin sitting at 55%, compared to 51.9% in 2024, and Adjusted EBITDA up 506% from 2024.
Dr. Phone Fix, founded in August 2019, opened its first store in St. Albert, Alberta, and has grown quickly since then to 35 locations stretching “all the way from Victoria to Ontario.”
Plans are in place to open a new location every two weeks as the cell phone and electronics repair company looks to rapidly gain market share amid intense competition.