earnings
confidence high
sentiment negative
materiality 0.70
Alpha Pro Tech FY net income falls 51% to $3.3M; Q4 EPS flat at $0.05
ALPHA PRO TECH LTD
- Q4 2022 net sales $12.2M (-7.4% YoY); full-year net sales $62.0M (-9.7% YoY).
- FY 2022 net income $3.3M ($0.26 diluted) vs $6.8M ($0.50) in 2021.
- Disposable Protective Apparel Q4 sales +31.6% to $5.9M; full-year -21.1% to $25.0M.
- Building Supply Q4 sales -27.6% to $6.3M; full-year flat at $36.9M.
- Cash $16.3M, no debt; repurchased 910,700 shares for $3.9M in 2022.