DR. PHONE FIX REPORTS PRELIMINARY FULL-YEAR 2025 FINANCIAL RESULTS

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EDMONTON, AB, Feb. 9, 2026 /CNW/ - Dr. Phone Fix Canada Corporation (TSXV: DPF) ("Dr. Phone Fix" or the "Company"), one of Canada's fastest-growing consumer electronics repair and resale platforms, is pleased to provide a financial update for the year ended December 31, 2025. While the Company will provide audited results for the year ended December 31, 2025 when available, unaudited preliminary results indicate the following:

• Revenue for 2025 is expected to be approximately $12.1 million, compared to $10.2 million in 2024, representing year-over-year growth of over 19%.
• Gross profit for 2025 is expected to be approximately $6.0 million, compared to $5.4 million in 2024, with gross margins remaining in the high 40% range, reflecting continued pricing discipline and operational execution.
• Adjusted EBITDA for 2025 is expected to be approximately $0.6 million, compared to $187,082 in 2024, representing a material year-over-year improvement driven by operating leverage and improved store-level performance.

The above expectations are based on the Company's 35-store operating base during 2025. As previously disclosed in the Company's press release dated January 22, 2026, the Company exited 2025 with unaudited average annualized run-rate revenue per store of approximately $350,000, reflecting continued improvement in store-level productivity across the legacy network. As newly acquired and recently opened locations mature, management expects further operating leverage and margin expansion across the national platform.

"Our performance in 2025 was driven primarily by continued improvement across our legacy store base, supported by disciplined cost controls, pricing optimization, and a strong focus on execution at the store level," said Piyush Sawhney, Chief Executive Officer of Dr. Phone Fix. "During the year, we observed consistent customer demand across our existing store network, which allowed management to prioritize operational efficiency, and store-level performance.

"As we enter 2026, we are operating with a larger national footprint, improving unit economics, and increasing scale," continued Mr. Sawhney. "Our growth strategy remains balanced between organic expansion and disciplined acquisitions, supported by a robust pipeline of potential targets, which we expect to execute on throughout the year as we work toward our objective of reaching approximately 70 stores by the end of 2026. Importantly, the improvements achieved in 2025 reflect structural enhancements to our operating model rather than one-time initiatives, positioning the Company for continued margin expansion as scale increases."

Investor Relations Agreement with Apollo Shareholder Relations

With the Company reaching a new level of scale, profitability, and national footprint, management has elected to proactively enhance its investor communications to ensure the market fully understands the Company's evolving fundamentals.

Accordingly, Dr. Phone Fix is pleased to announce that it has entered into a marketing and investor communications agreement with Apollo Shareholder Relations Ltd. (dba Edge Investments) ("Apollo"), dated January 23, 2026 (the "Agreement"). Under the Agreement, Apollo will provide digital investor relations and communications services to the Company, designed to increase investor awareness and understanding of the Company and its business.

The Agreement has an initial term of three (3) months (the "Initial Term"), with an option for the Company, to extend the term of the Agreement for an additional three (3) months. In consideration for its services, the Company will pay Apollo a cash fee of $2,500 per month over the Initial Term and $2,500 for each successive month during the term of the Agreement.

Apollo was co-founded and is owned by Kevan Matheson, Chase Kazakoff and Jazz Chodak, and Apollo operates as an arm's length service provider to the Company. To the best of the Company's knowledge, Apollo does not have any equity interest in the securities of the Company, or a right to acquire such an interest. Apollo's offices are located at 1395 Bear Mountain Parkway, Langford, British Columbia V9B 0E1.

About Dr. Phone Fix

Dr. Phone Fix is a national, award-winning, eco-friendly, and customer-centric leader in Canada's cell phone and electronics repair and certified pre-owned device industry. Founded in 2019, the Company now operates 44 retail locations nationwide through a standardized and scalable operating platform designed to support consistent execution across multiple markets, delivering fast, reliable, and environmentally conscious repair services alongside a curated selection of certified pre-owned 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 focus on responsible device lifecycle management, customer service, and operational discipline, Dr. Phone Fix continues to set the benchmark for device care and resale in Canada.

About Apollo Shareholder Relations

Apollo is a full-service investor communications agency with a specific focus on the modern investor. From traditional phone line management to Reddit and everywhere in between, Apollo prides itself on being digitally fluent and community-minded, with an understanding that the communications landscape has dramatically changed in the age of social media and online forums. With expertise in capital markets advisory, branding, and infrastructure support, Apollo is committed to telling stories in a way that resonates with the people that companies want to reach. To learn more about Apollo, please visit https://apollorelations.com.

www.docphonefix.com.

NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.

Cautionary Statement Regarding Forward-Looking Information

This news release contains "forward-looking information" within the meaning of applicable securities laws. Forward-looking information can be identified by words such as: "intend", "believe", "estimate", "expect", "may", "will" and similar references to future periods. Forward looking information includes, but is not limited to, management's expectations relating to financial and operational performance for the fiscal year ended December 31, 2025 (as set out in the heading "Full-Year 2025 Financial Highlights"), the Company's intention to scale its corporately owned store network toward approximately 70 locations over the next 12 months and the ability of the Company to continue its market expansion as its scale increases. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. 

Although the Company believes that, in light of the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct. Material assumptions include that there will be no material audit adjustments, errors, or restatements relating to the unaudited management prepared financials during the audit process.

Readers are cautioned to not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements depending on, among other things, the risk that the future plans of the Company may differ from those that currently are contemplated, and the risk that the Company is not able to scale at the rate that it expects. The forward-looking statements contained in this news release are made as of the date hereof, and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, except as required by law.

Non-GAAP Measures

Non-GAAP measures, including non-GAAP financial measures and non-GAAP ratios not recognized under IFRS are provided where management believes they assist the reader in understanding the Company's results. The Company utilizes the following terms for measurement in this press release that do not have a standardized meaning or definition as prescribed by IFRS and therefore may not be comparable with the calculation of similar measures by other entities and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with GAAP.

Adjusted EBITDA

The Company believes that, in addition to conventional measures prepared in accordance with IFRS, Adjusted EBITDA is useful to securities analysts, investors and other interested parties in evaluating operating performance by presenting the results of the Company on a basis which excludes the impact of certain non-operational items which enables the primary readers of the material to evaluate the results of the Company such that it was operating without certain non-cash and non-recurring items. Adjusted EBITDA is calculated as earnings before interest expense, interest income, income taxes, depreciation and amortization, stock-based compensation expense and non-recurring impact transactions, if any.

Financial Outlook

The Company and its management believe that the statements regarding 2025 financial performance, including expected revenue, gross profit and adjusted EBITDA for the period that are contained in this press release are reasonable as of the date hereof, are based on management's current views, strategies, expectations, assumptions and forecasts, and have been calculated using accounting policies that are generally consistent with the Company's current accounting policies. These statements are considered future-oriented financial outlooks and financial information (collectively, "FOFI") under applicable securities laws. These statements and any other FOFI included herein have been approved by management of the Company as of the date hereof. Such FOFI are provided for the purposes of presenting information about management's current expectations and goals relating to the Company's expected growth. However, because this information is highly subjective and subject to numerous risks, it should not be relied on as necessarily indicative of future results. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the FOFI prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although management of the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company disclaims any intention or obligation to update or revise any FOFI, whether as a result of new information, future events or otherwise, except as required by securities laws. Material assumptions

SOURCE Dr. Phone Fix

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