- Dr. Phone Fix Canada (TSXV:DPF) reported financial results for Q3 2025 highlighted by strong growth in revenue and adjusted EBITDA, continuing to demonstrate why the company is one of 2025’s most impressive Canadian IPOs
- Dr. Phone Fix operates 35 corporately-owned stores across four Canadian provinces specializing in cell phone and electronics repair, as well as pre-owned resale
- Dr. Phone Fix stock has added 70.73 per cent since inception in March 2025
Dr. Phone Fix Canada (TSXV:DPF) reported financial results for Q3 2025 highlighted by strong growth in revenue and adjusted EBITDA, continuing to demonstrate why the company is one of 2025’s most impressive Canadian IPOs.
The company, listed in March, wasted no time making its presence felt, being recognized by the Financial Times as one of America’s fastest growing companies, landing a national repair deal with global insurance provider Likewize, and expanding its pre-owned sales partnership with Assurant, a Fortune 500 company specializing in securing and servicing connected devices, homes and automobiles.
Dr. Phone Fix proceeded to post an impressive Q2, marked by revenue growth of 13 per cent year-over-year (YoY) and adjusted EBITDA of 506 per cent, supported by expanding national partnerships.
Momentum continued in Q3, with revenue up 14 per cent YoY to C$3.27 million, thanks to strong same-store sales growth, adjusted EBITDA up by 181 per cent to C$420,000, thanks to higher gross profit and lower salaries and benefits, and operating expense falling by 3 per cent despite adding an additional store and expanding corporate activity.
Subsequent to Q3, the company announced its expansion into Atlantic Canada in October through the acquisition of Geebo Device Repair, welcoming six Nova Scotia stores into its portfolio, and signed an exclusive partnership with the Alberta Motor Association in November, offering discounted repairs to the organization’s more than one million members.
Piyush Sawhney, chief executive officer of Dr. Phone Fix Canada, put the quarter into context, noting that “Q3 demonstrated strong same-store sales performance, stable margins and meaningful positive EBITDA improvement, supported by continued operational discipline and expanding national partnerships. Year-to-date, adjusted EBITDA has reached C$700,000, an improvement of more than 1,000 per cent, highlighting the strength of our operating model as we scale.”
“Looking ahead,” Sawhney continued, “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 over the coming days, our footprint will expand to 41 stores nationwide, and we are on target to open four additional stores before the end of 2025, bringing us to 45 operating locations by year-end. Our strategy remains to target high-quality operators, deepen our procurement and refurbishment capabilities, strengthen insurer and OEM program access, and leverage our proven operating playbook to drive cash generation at the unit level. Taken together, we believe this approach will expand our footprint efficiently, deepen our national coverage and enhance long-term profitability.”
While it’s certainly early days in Dr. Phone Fix’s history as a public company, operations appear to be well-equipped for profitable growth, supported by a recently closed C$2.57 million financing, a healthy new store pipeline, a growing partnership base, as well as a 4.9 rating across more than 30,000 Google reviews highlighting the quality of the company’s services.
Investors have responded favorably to the value proposition to date, lifting Dr. Phone Fix stock (TSXV:DPF) by 70.73 per cent since inception in March 2025, with shares last trading at C$0.20.
About Dr. Phone Fix
Dr. Phone Fix operates 35 corporately-owned stores across four Canadian provinces specializing in cell phone and electronics repair, as well as pre-owned resale, backed by strong relationships with OEMs and certified suppliers.
Join the discussion: Find out what investors are saying about this newly listed Canadian technology stock on the Dr. Phone Fix Canada Corp. Bullboard and make sure to explore the rest of Stockhouse’s stock forums and message boards.
Stockhouse does not provide investment advice or recommendations. All investment decisions should be made based on your own research and consultation with a registered investment professional. The issuer is solely responsible for the accuracy of the information contained herein.
For full disclaimer information, please click here.
