0001437749-26-007797
SEC filingAlpha Pro Tech, Ltd. reported net sales of $59.1 million for fiscal year 2025, generating gross profit of $22.5 million and net income of $3.5 million. The company achieved income from operations of $3.8 million, with total other income contributing $830K, primarily from interest income ($648K) and equity in income of an unconsolidated affiliate ($182K). Operating cash flow was $2.4 million, while investing activities used $639K primarily for property and equipment purchases, and financing activities used $3.4 million mainly for common stock repurchases. The balance sheet shows strong liquidity with $17.0 million in cash and cash equivalents, total current assets of $52.5 million, and total assets of $74.1 million. The company maintains a solid equity position with total shareholders' equity of $62.5 million against total liabilities of $11.7 million.
Alpha Pro Tech, Ltd. reported fiscal year 2025 results with net sales of $59.1 million. The company achieved gross profit of $22.5 million, representing a gross margin of 38.1%. Operating income totaled $3.8 million, with total operating expenses of $18.7 million consisting of selling, general and administrative expenses of $17.8 million and depreciation and amortization of $925K. Other income of $830K included interest income of $648K and equity in income of an unconsolidated affiliate of $182K. Income before provision for income taxes was $4.7 million, with a provision for income taxes of $1.1 million resulting in net income of $3.5 million. Basic and diluted earnings per common share were reported as $0, with basic weighted average common shares outstanding of 10.4 million shares and diluted weighted average common shares outstanding of 10.6 million shares.
No segment breakdown, geographic mix, or specific growth drivers were disclosed in the provided financial data. The company reported net sales of $59.1 million for the fiscal year ending December 31, 2025. Cost of goods sold, excluding depreciation and amortization, was $36.6 million. The document does not provide comparative prior period revenue figures, segment performance data, or detailed revenue composition information beyond the aggregate net sales figure.
The company maintained a gross margin of 38.1% based on net sales of $59.1 million and gross profit of $22.5 million. Operating margin was 6.4% calculated from income from operations of $3.8 million relative to net sales. Total operating expenses of $18.7 million represented 31.6% of net sales, with selling, general and administrative expenses accounting for $17.8 million (30.1% of sales) and depreciation and amortization of $925K (1.6% of sales). Net income margin was 5.9% based on net income of $3.5 million. The company's profitability was supported by other income of $830K, which contributed 1.4% to the overall income before taxes.
Operating activities generated $2.4 million in cash, primarily from net income of $3.5 million adjusted for non-cash items including stock-based compensation ($540K), depreciation and amortization ($925K), and changes in working capital. Investing activities used $639K for purchases of property and equipment. Financing activities used $3.4 million, mainly for repurchase of common stock ($3.3M) and treasury stock excise tax ($34K). Free cash flow, calculated as operating cash flow ($2.4M) minus capital expenditures ($639K), was $1.8 million. The balance sheet shows total assets of $74.1 million, including current assets of $52.5 million with cash and cash equivalents of $17.0 million, accounts receivable of $8.1 million, and inventories of $23.6 million. Total liabilities were $11.7 million, resulting in shareholders' equity of $62.5 million and a debt-to-equity ratio of 0.19.
No management guidance, strategic priorities, or specific risk factors were disclosed in the provided financial data. The document contains only the financial statements without accompanying management discussion and analysis, forward-looking statements, or outlook commentary. The filing does not include information about future expectations, projected performance, strategic initiatives, or identified risk factors that would typically appear in a 10-K filing's MD&A section.