Established in 1983 and based in Markham, Canada, Alpha Pro Tech, Ltd. and its subsidiaries are actively involved in the development, manufacturing, ...
Alpha Pro Tech, Ltd. (NYSE American: APT) is a Canada-headquartered industrial company focused on “protective” products for people, products, and environments. The business has historically been centered on manufacturing disposable protective apparel and infection control offerings, and it also operates a building supply segment tied to construction weatherization needs. From ...Alpha Pro Tech, Ltd. (NYSE American: APT) is a Canada-headquartered industrial company focused on “protective” products for people, products, and environments. The business has historically been centered on manufacturing disposable protective apparel and infection control offerings, and it also operates a building supply segment tied to construction weatherization needs.
From a business perspective, the company serves end markets where hygiene, contamination control, and operational safety are critical. Its disposable protective apparel category spans multiple types of personal protective equipment (PPE) and protective coverings used in sterile and controlled environments (such as cleanrooms), industrial safety settings, and healthcare workflows (hospitals, laboratories, and dental practices). Core product examples include shoe covers, bouffant caps, coveralls, frocks, lab coats, gowns, and hoods, along with face masks and face shields. These products are typically used as consumables, which supports recurring demand patterns tied to infection control protocols, workplace safety requirements, and industrial/healthcare purchasing cycles.
The building supply side focuses on construction weatherization solutions, most notably housewrap and related accessories such as window/door flashing and seam tape, as well as synthetic roof underlayment and other woven fabrics. These goods are generally supplied for construction and re-roofing projects, making demand linked to housing construction, renovation activity, and building envelope spending.
In terms of products and go-to-market approach, Alpha Pro Tech markets under its own brand and also through private-label partnerships. Distribution is described as multi-channel, including purchasing groups, external distributors, independent sales representatives, and its in-house sales and marketing resources. This mix can broaden customer reach across different buyer types (e.g., institutional procurement, trade channels, and private-label customers).
Cost and BOM considerations for this type of manufacturer typically include raw materials (nonwoven fabrics, films, adhesives, and packaging), conversion/processing labor, and quality control for barrier performance and packaging integrity. Additional cost drivers often include freight, tolling/contract processing (if applicable), compliance and certifications, and inventory management because many protective products have demand tied to seasonal and regulatory cycles.
Financially, the provided metrics indicate a business with reasonable margins for its category (e.g., gross margin around the high 30% range in the provided snapshot) and positive free cash flow generation metrics. Liquidity ratios in the dataset also suggest strong near-term balance-sheet coverage, which can matter for maintaining inventory levels and meeting distributor/retail order cycles.
Key people: Lloyd Hoffman serves as Chief Executive Officer and has been leading the company since January 2016 (and also serves as President from late December 2017, per the provided governance information).
Overall, Alpha Pro Tech’s investment case largely hinges on sustaining manufacturing execution and supply continuity for disposable protective goods, maintaining brand and private-label relationships, and effectively managing working capital/inventory for consumable and construction-related product demand.
YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.
QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).
$59.1M
+2.3%
+28.0%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.
$3.5M
-10.1%
+160.1%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.
+38.1%
-3.9%
-1.2%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).
+6.5%
+8.9%
+170.9%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.
+6.0%
-12.1%
+103.2%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.
$1.7M
-8.5%
+2072.4%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.
+2.9%
-10.5%
+1640.5%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.
12.6%
-10.5%
-3.2%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.
12.94x
-20.2%
-14.0%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.
