Q3 Revenue Up 14% YoY; Year-to-Date Adjusted EBITDA Grows to $0.70M; Company Completes Oversubscribed $2.57M Financing and Signs Definitive Agreement to Enter Atlantic Canada
EDMONTON, AB, Nov. 27, 2025 /CNW/ – Dr. Phone Fix Canada Corporation (TSXV: DPF.V) (“Dr. Phone Fix” or the “Company”) today reported financial results for the three and nine months ended September 30, 2025, and provided an update on recent corporate developments. The Company operates a network of 35 corporately-owned stores across four Canadian provinces.
Financial Results Summary (CAD)
(all dollar amounts in 000’s)
Three Months Ended Sept 30, 2025
Three Months Ended Sept 30, 2024
Variance (%)
Nine Months Ended Sept 30, 2025
Nine Months Ended Sept 30, 2024
Variance (%)
Revenue
3,265
2,866
+14 %
8,319
7,579
+10 %
Gross Profit
1,747
1,596
+9 %
4,528
4,074
+11 %
Gross Margin
53.50 %
55.70 %
-2.20 %
54.40 %
53.80 %
+0.60 %
Operating Expenses (SG&A)
1,925
1,980
-3 %
6,055
5,702
+6 %
Adjusted EBITDA(1)
418
149
+181 %
700
-72
+1066 %
Cash & Equivalents
772
535
+44 %
772
535
44 %
(1) See “Non-GAAP Financial Measure” towards the end of this press release.
“Q3 demonstrated strong same-store sales performance, stable margins, and meaningful positive EBITDA improvement, supported by continued operational discipline and expanding national partnerships,” said Piyush Sawhney, Chief Executive Officer of Dr. Phone Fix. “Year-to-date, Adjusted EBITDA has reached $0.7 million, an improvement of more than 1,000%, highlighting the strength of our operating model as we scale.”
Mr. Sawhney continued, “Looking ahead, our growth playbook combines measured new store openings with a disciplined M&A strategy to accelerate scale. Today, we operate 35 corporately owned stores. Upon closing our acquisition of substantially all of the assets of Geebo Device Repair Inc. over the coming days, our footprint will expand to …