---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-007558"
form_type: "8-K"
ticker: "APT"
cik: "0000884269"
company_name: "ALPHA PRO TECH LTD"
filed_at: "2024-03-13T23:59:59+00:00"
generated_at: "2026-06-04T22:39:58.378124+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Alpha Pro Tech Q4 net income up 88% to $1.1M; Building Supply sales rise 55.7%

## Summary
- Q4 net sales $15.3M (+24.9% YoY); Building Supply $9.8M (+55.7%), Apparel $5.5M (-7.7%).
- Q4 diluted EPS $0.09 vs $0.05; FY2023 diluted EPS $0.35 vs $0.26, net income $4.2M (+27.6%).
- Cash $20.4M, no debt; working capital $50.5M; current ratio 21:1.
- Inventory decreased 17.5% to $20.1M; housewrap sales up 22.2% in FY2023.
- Repurchased 951,010 shares in 2023 for $4.0M; $2.2M remains under buyback program.

## SEC filing metadata
- accession: 0001437749-24-007558
- form_type: 8-K
- ticker: APT
- cik: 0000884269
- company_name: ALPHA PRO TECH LTD
- filed_at: 2024-03-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/884269/000143774924007558/0001437749-24-007558-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/884269/000143774924007558/apt20240313_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-007558
- JSON: https://secwatch.observer/filing/0001437749-24-007558.json
- Plain text: https://secwatch.observer/filing/0001437749-24-007558.txt

## Key facts
- Earnings Releases
  ALPHA PRO TECH LTD reported the fourth quarter and year ended December 31, 2023 results: revenue $15.3 million, net income $1.1 million, or $0.09 per diluted share.
  - Period: the fourth quarter and year ended December 31, 2023
  - Revenue: $15.3 million
  - Net income: $1.1 million, or $0.09 per diluted share
  - Result: reported results
  source text: EXHIBIT 99.1 ex_638741.htm Exhibit 99.1 ALPHA PRO TECH, LTD. ANNOUNCES FOURTH QUARTER AND FULL YEAR 2023 FINANCIAL RESULTS Overall Fourth Quarter Sales Increased 24.9% to $15.3 Million, Compared to $12.2 Million for the Fourth Quarter of 2022 FOR IMMEDIATE RELEASE Company Contact : Investor Relations Contact : Alpha Pro Tech, Ltd. HIR Holdings Donna Millar
  evidence_url: https://www.sec.gov/Archives/edgar/data/884269/000143774924007558/0001437749-24-007558-index.htm
- Earnings Releases
  ALPHA PRO TECH LTD reported the year ended December 31, 2023 results: net income Net income for the year ended December 31, 2023 was $4.2 million, or $0.35 per diluted share.
  - Period: the year ended December 31, 2023
  - Net income: Net income for the year ended December 31, 2023 was $4.2 million, or $0.35 per diluted share
  - Result: reported results
  source text: Net income for the year ended December 31, 2023 was $4.2 million, or $0.35 per diluted share, compared to $3.3 million, or $0.26 per diluted share, for the year ended December 31, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/884269/000143774924007558/0001437749-24-007558-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.