Business
DR. PHONE FIX ANNOUNCES POSITIVE Q2 2025 FINANCIAL RESULTS AND NEW AND EXPANDING STRATEGIC PARTNERSHIPS
Dr. Phone Fix Canada Corporation (TSXV: DPF.V) ("Dr. Phone Fix" or the "Company") is pleased to announce positive financial results for the three and six months ended June 30, 2025. The Company 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. In addition, Dr. Phone Fix is announcing that it has entered into a new national repair agreement with Likewize Corp. ("Likewize") and an expanded str
About this update from Assurant, Inc.
[{"type":"text","content":"/NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/","length":99,"tagName":"p","attribs":{}},{"type":"text","content":"EDMONTON, AB, Aug. 28, 2025 /CNW/ - Dr. Phone Fix Canada Corporation (TSXV: DPF.V) ("Dr. Phone Fix" or the "Company") is pleased to announce positive financial results for the three and six months ended June 30, 2025. The Company 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. In addition, Dr. Phone Fix is announcing that it has entered into a new national repair agreement with Likewize Corp. ("Likewize") and an expanded strategic partnership with Assurant, Inc. ("Assurant").","length":628,"tagName":"p"},{"type":"image","alt":"Dr. Phone Fix logo (CNW Group/Dr. Phone Fix)","displaySize":"","headline":null,"caption":"Dr. Phone Fix logo (CNW Group/Dr. Phone Fix)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":400,"url":"https://media.zenfs.com/en/cnwgroup.com/4a4a6544af0c2679738d905a8d08a3e1"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/zNQL2PbyGM_VwYIESKOIPg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTcwNTtjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/4a4a6544af0c2679738d905a8d08a3e1","width":400,"height":400}},"href":"https://mma.prnewswire.com/media/2759751/Dr__Phone_Fix_DR__PHONE_FIX_ANNOUNCES_POSITIVE_Q2_2025_FINANCIAL.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":""Q2 showcased healthy top-line growth, margin strength and a return to positive Adjusted EBITDA, while we advanced national partnerships that expand our reach and credibility with insurers and OEM programs," said Piyush Sawhney, Chief Executive Officer of Dr. Phone Fix. "We're focused on disciplined execution, growing same-store sales, scaling our certified pre-owned sector, leveraging partnerships with insurance companies and OEM's to drive durable, profitable growth, and delivering consistent, reliable service that keeps customers in our ecosystem. For the second half of 2025, we expect gross margin to remain strong as procurement scale, CPO mix, and insurer/OEM program volumes increase. Combined with ongoing cost discipline, we also expect Adjusted EBITDA to improve in...