GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Alpha Pro Tech Ltd (AMEX:APT) » Definitions » Net Income

Alpha Pro Tech (Alpha Pro Tech) Net Income

: $4.19 Mil (TTM As of Dec. 2023)
View and export this data going back to 2000. Start your Free Trial

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Alpha Pro Tech's Net Income for the three months ended in Dec. 2023 was $1.06 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $4.19 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Alpha Pro Tech's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.09.


Alpha Pro Tech Net Income Historical Data

The historical data trend for Alpha Pro Tech's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Alpha Pro Tech Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.00 26.89 6.76 3.28 4.19

Alpha Pro Tech Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.56 0.55 1.15 1.43 1.06

Alpha Pro Tech Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Alpha Pro Tech's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=5.425+-1.236+0+0
=4.19

Alpha Pro Tech's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=1.323+-0.262+0+0
=1.06

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.19 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Alpha Pro Tech  (AMEX:APT) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Alpha Pro Tech's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Alpha Pro Tech Net Income Related Terms

Thank you for viewing the detailed overview of Alpha Pro Tech's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Alpha Pro Tech (Alpha Pro Tech) Business Description

Traded in Other Exchanges
Address
60 Centurian Drive, Suite 112, Markham, ON, CAN, L3R 9R2
Alpha Pro Tech Ltd is involved in the business of developing, manufacturing, and marketing of disposable protective apparel, building supply, and infection control products principally in the United States. It operates its business through segment which includes Building Supply and Disposable Protective Apparel. It mainly offers a line of construction supply weatherization products, namely house wrap and synthetic roof underlayment as well as other woven material, different styles of disposable products like shoe covers, bouffant caps, gowns, coveralls, lab coats, frocks and other miscellaneous products. It also provides face masks and eye shields. It generates most of its revenues from the sale of products across the United States.
Executives
James Buchan director 60 CENTURIAN DRIVE, SUITE 112, MARKHAM A6 L3R9R2
Benjamin A Shaw director 160 CENTURIAN DRIVE, SUITE 112, MARKHAM A6 L3R 9R2
John Ritota director C/O ALPHA PRO TECH LTD, 60 CENTURIAN DR STE 112, MARKHAM ONTARIO CANADA A1 L3R9R2
David R Garcia director 60 CENTURIAN DRIVE, SUITE 112, MARKHAM A6 L3R9R2
Charles D Montgomery officer: Sr. V.P. Engineered Products 60 CENTURIAN DRIVE SUITE#112, MARKHAM A6 L3R 9R2
Russell Manock director C/O ALPHA PRO TECH LTD, 60 CENTURIAN DR, MARKHAM CANADA A6 9999999999
Lloyd Hoffman officer: CFO and Sr VP Finance and Admi C/O ALPHA PRO TECH LTD, 60 CENTURIAN DRIVE STE 112, MARKHAM ONTARIO CANADA A1 L3R9R2
Mcdonald Colleen J officer: CFO 60 CENTURIAN DRIVE SUITE 112, MARKHAM A6 L3R 9R2
Donna Millar director 60 CENTURIAN DRIVE, SUITE 112, MARKHAM A6 L3R 9R2
David B Anderson director 60 CENTURIAN DRIVE SUITE # 112, MARKHAM A6 L3R 9R2
Al Millar director, officer: President C/O ALPHA PRO TECH LTD, 60 CENTURIAN DRIVE STE 112, MARKHAM ONTARIO CANADA A1 L3R9R2
Sheldon Hoffman director, officer: C.E.O. 60 ENTURIAN DRIVE STE 112, C/O ALPHA PRO TECH LTD, MARKHAM ONTAIRO CANADA A6 0000
Donald Bennett director
Scheerer Michael officer: Sr VP- Sales & marketing 60 CENTURIAN DRIVE STE 112, C/O ALPHA PRO TECH LTD, MARKHAM ONTARIO CANA A6 0000
Robert Isaly director