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Alpha Pro Tech, Ltd. (A:APT)

Business Focus: Medical Equipment, Supplies & Distribution

Sector:  Healthcare Industry:  Medical Equipment, Supplies & Distribution
 
See Regulatory Filings on SEC
Company Contact
Address: 53 WELLINGTON STREET EAST
MARKHAM ON L4G 1H6
Tel: N/A
Website: https://www.alphaprotech.com
IR: See website
Key People
Lloyd Hoffman
President, Chief Executive Officer, Director
Colleen J. McDonald
Chief Financial Officer
Charles D. Montgomery
Senior Vice President - Manufacturing, Director, Senior Vice President of Alpha ProTech Engineered Products Inc
Business Overview
Alpha Pro Tech, Ltd. is a Canada-based company, which is engaged in developing, manufacturing and marketing a line of protective apparel garments, face masks and face shields and a line of construction weatherization building products for the housing market. Its products are sold both under the Alpha Pro Tech brand name as well as under private labels. Its products are classified into two business segments: The Building Supply segment, and The Disposable Protective Apparel segment. The Building Supply segment consists of construction weatherization products, such as house wrap and synthetic roof underlayment, as well as other woven materials. The Disposable Protective Apparel segment consists of a head-to-toe disposable protective garment (shoe covers, bouffant caps, coveralls, gowns, frocks and lab coats), face masks and face shields. It serves the markets such as pharmaceuticals, biopharmaceuticals, medical device manufacturing, lab animal research, construction supply and more.
Financial Overview
For the three months ended 31 March 2024, Alpha Pro Tech, Ltd. revenues decreased 2% to $13.5M. Net income increased 4% to $576K. Revenues reflect Building Supply segment decrease of 5% to $8.2M. Net income reflects Interest income, net increase of 63% to $258K (income), Equity in income of unconsolidated affil increase of 27% to $138K (income). Basic Earnings per Share excluding Extraordinary Items remained flat at $0.05.