DR. PHONE FIX REPORTS OVER 50% SAME-STORE GROWTH AND PRODUCTIVITY IMPROVEMENTS FOLLOWING GEEBO ACQUISITION

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EDMONTON, AB, March 11, 2026 /CNW/ - Dr. Phone Fix Canada Corporation (TSXV: DPF) ("Dr. Phone Fix" or the "Company"), one of Canada's fastest-growing, award-winning consumer electronics repair and resale platforms, today is pleased to provide operational updates highlighting year-over-year growth across its store network and early productivity improvements following the integration of the recently acquired Geebo Device Repair Inc. ("Geebo") locations. While the Company will provide audited results for the year ended December 31, 2025 and for the year ended December 31, 2026, when available, unaudited preliminary results for both years are discussed in this press release to illustrate recent operating metrics.

Across the Company's original 35-store platform, Dr. Phone Fix generated same-store sales growth of over 50% year-over-year during the January - February period from 2025 to 2026. Same-store sales reflect revenue generated by stores that were operating during both comparison periods. Growth during the period was primarily driven by higher repair volumes, increasing store productivity, and the early contribution of insurance repair programs, which are beginning to add incremental repair traffic across the retail network.

The Company also reported encouraging early results from the integration of the Geebo acquisition, where Dr. Phone Fix has begun implementing its standardized operating procedures, technician training programs, and expanded retail service model.

During the January - February 2026 period, the Geebo operations generated over $175,000 in revenue, representing growth of approximately 12% compared to the same period in the prior year.

Operational improvements implemented following the Geebo acquisition have contributed to improved store productivity across the Geebo locations:

• Revenue per employee increased 40% to over $22,000 per employee; and
• Average repair throughout increased from approximately 3–4 repairs per day to approximately 7 repairs per day.

"These results demonstrate the strength of our operating model," said Piyush Sawhney, Chief Executive Officer of Dr. Phone Fix. "Our existing stores continue to generate organic growth, while the early progress we are seeing with Geebo highlights our ability to integrate independent repair operators and improve productivity through standardized processes and expanded service offerings."

Since the acquisition, Dr. Phone Fix has begun transitioning the Geebo locations from repair-focused service centers into a broader retail platform that includes device sales, accessory sales, OEM authorized repair services, and participation in insurance repair programs.

Key initiatives currently underway include:

• Full rollout of insurance repair programs;
• Expansion of OEM authorized repair services; and
• Growth in device and accessory sales across the acquired stores.

Management expects these initiatives to further increase repair volumes and overall store productivity as integration progresses throughout 2026.

About Dr. Phone Fix

Dr. Phone Fix is an 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 corporately owned retail locations nationwide, 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 mission rooted in sustainability, transparency, and exceptional customer service, Dr. Phone Fix continues to set the benchmark for device care and resale in Canada.

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, the Company's expectation that its initiatives that are currently underway, that are listed in the press release, will increase repair volumes and overall store productivity as integration progresses throughout 2026. 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. 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 risks that the future plans of the Company may differ from those that currently are contemplated and that the key initiatives of the Company that are currently underway, that are listed in this press release, do not further increase repair volumes and overall store productivity as integration progresses throughout 2026.  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.

SOURCE Dr. Phone Fix

For further information: Piyush Sawhney, CEO and Director, Phone: [phone], Email: [email protected], www.docphonefix.com.