secwatch.observer — SEC 8-K summary
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Issuer:     ALPHA PRO TECH LTD (APT)
CIK:        0000884269
Form:       8-K
Filed at:   2023-03-16T23:59:59+00:00
Accession:  0001437749-23-006934
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alpha Pro Tech FY net income falls 51% to $3.3M; Q4 EPS flat at $0.05
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/884269/000143774923006934/0001437749-23-006934-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/884269/000143774923006934/apt20230316_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-006934

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer