Filing Flows › Alpha Pro Tech (APT) › Q1 2025
Alpha Pro Tech (APT) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
Alpha Pro Tech (APT) reported revenue of $13.8M for the first quarter 2025 (Q1 2025), +3% from a year earlier and 0% from the quarter before. Operating margin was 3.3%, net earnings $613K (4.4% of revenue).
Alpha Pro Tech, Q1 2025: revenue $13.8M (+2% year over year), operating margin 3.3%, net earnings $613K, operating cash flow −$4.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $13.8M | 0% | +3% |
| Gross profit | $5.4M | +4% | -0.5% |
| Operating profit | $455K | -32% | +40% |
| Net earnings | $613K | -28% | +6% |
| Operating cash flow | −$4.0M | -264% | — |
What changed
Revenue was $13.8M in Q1 2025, up 3% year over year and roughly flat from the previous quarter.
Gross margin was 39.0%, down 1.2 points from a year earlier. Operating profit was $455K, a 3.3% margin (up 0.9 points year over year). Of the extra revenue versus a year earlier, 38% reached operating profit, above the 2% margin then. Operating expenses fell 3% while revenue rose 3%. Net earnings were $613K, up 6% year over year. The effective tax rate was 20.6%. Non-operating items added $317K, 41% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$4.0M. Non-cash charges added back $243K of depreciation and amortization and $136K of share-based compensation. Working capital and other items used $5.0M. Capital expenditures of $135K exceeded it, leaving free cash flow of −$4.1M.
Questions
What was Alpha Pro Tech's revenue in the first quarter 2025?
Alpha Pro Tech (APT) reported revenue of $13.8M for the first quarter 2025 (Q1 2025), +3% from a year earlier and 0% from the quarter before.
Was Alpha Pro Tech profitable in the first quarter 2025?
Operating profit was $455K (3.3% of revenue) and net earnings $613K.
Source: Alpha Pro Tech 10-Q on SEC EDGAR.