Financial Statements

Alpha Pro Tech Ltd.

Alpha Pro Tech Ltd. (APT)

18.24 €
0.39 (+2.18%)

Income Statement

Quarter data
Year 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Earnings Per Share Diluted 0.400.060.040.050.110.150.060.190.180.260.23
Net Profit Margin 0.150.030.020.020.050.060.020.070.060.080.06
Weighted Average Shares Outstanding 22,808.1022,424.0422.0820.7019.2018.4118.2016.8414.8313.9113.14
Revenue 59,697.0041,890.0038.5041.0643.8147.6544.9546.1844.0246.6246.66
Weighted Average Shares Outstanding (Diluted) 22,808.1022,424.0422.0820.7019.2318.7218.2416.8414.9913.9613.17
Gross Profit 28,874.0016,422.0014.0514.4616.2317.4515.9716.9817.4517.7116.97
Dividend per Share -----------
Operating Income 13,508.001,739.000.910.822.403.221.483.672.933.873.02
Gross Margin 0.480.390.360.350.370.370.360.370.400.380.36
Income Tax Expense 4,817.00780.000.550.330.891.200.481.011.040.790.68
EBIT Margin 0.240.060.040.040.070.080.050.090.080.090.08
Net Income 9,041.001,301.000.930.982.082.741.043.172.633.633.00
Cost of Revenue 30,823.0025,468.0024.4626.6027.5730.2028.9829.1926.5728.9129.69
Earnings Before Tax Margin 0.230.050.040.030.070.080.030.090.080.090.08
EBIT 13,508.001,739.000.910.822.403.221.483.672.933.873.02
EBITDA 14,173.002,583.001.721.583.123.942.184.223.504.403.62
Profit Margin 0.150.030.020.020.050.060.020.070.060.080.06
Operating Expenses 14,701.0013,839.0013.1413.6413.8414.2314.5013.3114.5313.8413.95
Earnings Per Share Basic 0.400.060.040.050.110.150.060.190.180.260.23
Earnings before Tax 13,858.002,081.001.481.312.963.941.524.173.674.413.68
Interest Expense -----------

Balance Sheet Statement

Quarter data
Year 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Short-term debt ----------0.88
Other Assets -8,324.002,435.002,205.002,800.00-3,040.003,538.003,912.004,480.007,119.00
Total current liabilities 5,695.00783.000.871.651.732.292.152.462.801.922.30
Cash and cash equivalents 9,753.005,316.007.504.558.215.509.689.468.767.016.55
Long-term debt ----------2.34
Cash and short-term investments 11,454.007,257.007.504.859.828.3410.3410.069.117.266.88
Total debt ----------3.22
Inventories 13,094.0017,318.0015.5717.1614.1416.5416.4010.9910.259.8811.30
Deferred revenue 457.00443.00823.00554.00640.00486.00484.00438.0019.001.331.51
Goodwill and Intangible Assets 239.00219.000.190.170.150.130.110.090.080.070.07
Total non-current liabilities --0.820.811.261.750.870.81-0.142.56
Total non-current assets 4,082.00219.006.266.085.926.456.056.277.157.7911.13
Total liabilities 6,601.0036,934.001.692.472.984.053.023.272.802.064.86
Total assets 38,771.0036,934.0036.8737.3038.5641.9539.1335.9434.1234.2638.09
Other comprehensive income 33,647.0024,926.0022.2520.9118.9917.8316.539.995.422.670.71
Short-term investments 1,701.001,941.002,435.000.291.612.840.660.610.340.260.34
Property, Plant & Equipment Net 3,843.00-3.643.423.073.312.912.653.163.243.94
Net Debt -9,753.00-5,316.00-7.50-4.55-8.21-5.50-9.68-9.46-8.76-7.01-3.33
Investments 1,701.001,941.002.442.794.315.853.704.144.244.745.17
Total shareholders equity 33,871.0036,934.0035.1834.8335.5837.9136.1132.6631.3232.1933.23
Retained earnings (deficit) -11,784.0012.7213.6915.7718.5219.5622.7226.2229.3932.39
Long-term investments --2.442.502.713.013.043.543.894.484.84
Receivables 8,593.003,816.004.726.355.075.332.764.654.604.933.57
Payables 2,963.00487.000.700.860.691.101.031.001.240.580.50
Total current assets 34,689.0028,391.0030.6131.2132.6435.5033.0829.6626.9826.4626.96

Cash Flow Statement

Quarter data
Year 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Investing Cash Flow -523.00-1,143.00-0.04-0.36-0.35-0.64-0.45-0.31-0.69-0.57-1.14
Free Cash Flow 7,006.00-4,575.003.49-1.545.74-1.835.706.572.791.391.80
Depreciation & Amortization 665.00844.000.820.760.720.720.700.540.570.530.60
Net cash flow / Change in cash 5,175.00-2.19-2.953.66-2.724.19-0.23-0.69-1.76-0.46
Effect of forex changes on cash -----------
Financing Cash Flow -1,845.00147.00-1.54-1.57-2.08-1.20-1.34-6.75-4.02-3.19-2.42
Dividend payments -77.00---------
Stock-based compensation 209.00193.000.270.230.150.030.020.190.300.430.45
Investment purchases ---1.55-1.84-3.13-2.34-2.29-6.81-4.23-3.58-2.55
Acquisitions and disposals -----------
Capital Expenditure 537.001,134.000.280.530.350.950.270.271.220.611.30
Operating Cash Flow 7,543.00-3,441.003.77-1.016.09-0.885.976.834.012.003.10

Retained Earning Schedule

Year 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Retained Earnings (Previous Year) --11,7841314161920232629
Net Income 9,0411,301112313343
Stock Dividends -9,04110,406-11,772-----1-0-
Dividend Paid -77---------
Retained Earnings -11,784131416192023262932

PPE Schedule

Year 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Gross PPE -3,843-43333333
Annual Depreciation 3,306-4,9773-1-1-1-1-1-1-1-1
Capital Expenditure 5371,134010100111
Net PPE 3,843-433333334

Intangible and Goodwill Schedule

Year 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Intangible and Goodwill (Previous Year) 5523921900000000
New Purchases ---2-2-3-2-2-7-4-4-3
Intangible and Goodwill 239219000000000

Alpha Pro Tech Ltd. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Alpha Pro Tech Ltd. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.