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Side-by-side financial comparison of ALPHA PRO TECH LTD (APT) and BTCS Inc. (BTCS). Click either name above to swap in a different company.

ALPHA PRO TECH LTD is the larger business by last-quarter revenue ($13.9M vs $7.1M, roughly 2.0× BTCS Inc.). On growth, BTCS Inc. posted the faster year-over-year revenue change (205.5% vs 0.3%). ALPHA PRO TECH LTD produced more free cash flow last quarter ($51.0K vs $-9.8M). Over the past eight quarters, BTCS Inc.'s revenue compounded faster (296.4% CAGR vs 1.4%).

Alpha Pro Tech Ltd is a leading developer, manufacturer and marketer of disposable protective apparel, face masks, and building supply products including weather-resistant barriers. It primarily serves the healthcare, industrial, and construction sectors, with core operating markets concentrated in North America.

APT vs BTCS — Head-to-Head

Bigger by revenue
APT
APT
2.0× larger
APT
$13.9M
$7.1M
BTCS
Growing faster (revenue YoY)
BTCS
BTCS
+205.1% gap
BTCS
205.5%
0.3%
APT
More free cash flow
APT
APT
$9.8M more FCF
APT
$51.0K
$-9.8M
BTCS
Faster 2-yr revenue CAGR
BTCS
BTCS
Annualised
BTCS
296.4%
1.4%
APT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
APT
APT
BTCS
BTCS
Revenue
$13.9M
$7.1M
Net Profit
$698.0K
Gross Margin
37.1%
12.4%
Operating Margin
6.9%
Net Margin
5.0%
Revenue YoY
0.3%
205.5%
Net Profit YoY
-17.6%
EPS (diluted)
$0.06
$-1.58

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
APT
APT
BTCS
BTCS
Q4 25
$13.9M
$7.1M
Q3 25
$14.8M
$4.9M
Q2 25
$16.7M
$2.8M
Q1 25
$13.8M
$1.7M
Q4 24
$13.8M
$2.3M
Q3 24
$14.3M
$739.2K
Q2 24
$16.3M
$561.2K
Q1 24
$13.5M
$451.4K
Net Profit
APT
APT
BTCS
BTCS
Q4 25
$698.0K
Q3 25
$976.0K
$65.6M
Q2 25
$1.2M
$3.9M
Q1 25
$613.0K
$-17.3M
Q4 24
$847.0K
Q3 24
$862.0K
$-9.0M
Q2 24
$1.6M
$-6.7M
Q1 24
$576.0K
$12.3M
Gross Margin
APT
APT
BTCS
BTCS
Q4 25
37.1%
12.4%
Q3 25
39.7%
22.0%
Q2 25
36.8%
-2.9%
Q1 25
39.0%
7.1%
Q4 24
37.6%
2.9%
Q3 24
38.5%
26.5%
Q2 24
42.0%
69.9%
Q1 24
40.2%
64.4%
Operating Margin
APT
APT
BTCS
BTCS
Q4 25
6.9%
Q3 25
7.4%
Q2 25
8.0%
Q1 25
3.3%
Q4 24
4.9%
Q3 24
5.2%
Q2 24
10.5%
Q1 24
2.4%
Net Margin
APT
APT
BTCS
BTCS
Q4 25
5.0%
Q3 25
6.6%
1328.1%
Q2 25
7.5%
140.0%
Q1 25
4.4%
-1022.5%
Q4 24
6.1%
Q3 24
6.0%
-1223.0%
Q2 24
10.1%
-1198.9%
Q1 24
4.3%
2715.3%
EPS (diluted)
APT
APT
BTCS
BTCS
Q4 25
$0.06
$-1.58
Q3 25
$0.09
$1.30
Q2 25
$0.12
$0.14
Q1 25
$0.06
$-0.86
Q4 24
$0.07
$0.28
Q3 24
$0.08
$-0.56
Q2 24
$0.15
$-0.43
Q1 24
$0.05
$0.63

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
APT
APT
BTCS
BTCS
Cash + ST InvestmentsLiquidity on hand
$17.0M
$1.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$62.5M
$139.4M
Total Assets
$74.1M
$214.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APT
APT
BTCS
BTCS
Q4 25
$17.0M
$1.5M
Q3 25
$17.7M
$4.5M
Q2 25
$14.5M
$639.2K
Q1 25
$13.4M
$269.9K
Q4 24
$18.6M
$2.0M
Q3 24
$18.4M
$254.5K
Q2 24
$16.2M
$536.7K
Q1 24
$18.5M
$670.6K
Stockholders' Equity
APT
APT
BTCS
BTCS
Q4 25
$62.5M
$139.4M
Q3 25
$62.5M
$225.4M
Q2 25
$62.2M
$31.1M
Q1 25
$61.7M
$20.6M
Q4 24
$62.2M
$34.0M
Q3 24
$62.1M
$25.2M
Q2 24
$62.0M
$33.1M
Q1 24
$61.6M
$39.3M
Total Assets
APT
APT
BTCS
BTCS
Q4 25
$74.1M
$214.6M
Q3 25
$73.9M
$298.9M
Q2 25
$73.2M
$40.8M
Q1 25
$72.2M
$21.0M
Q4 24
$73.7M
$38.2M
Q3 24
$73.3M
$26.5M
Q2 24
$72.7M
$33.8M
Q1 24
$72.7M
$39.5M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
APT
APT
BTCS
BTCS
Operating Cash FlowLast quarter
$318.0K
$-9.8M
Free Cash FlowOCF − Capex
$51.0K
$-9.8M
FCF MarginFCF / Revenue
0.4%
-138.1%
Capex IntensityCapex / Revenue
1.9%
0.2%
Cash ConversionOCF / Net Profit
0.46×
TTM Free Cash FlowTrailing 4 quarters
$1.7M
$-15.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APT
APT
BTCS
BTCS
Q4 25
$318.0K
$-9.8M
Q3 25
$3.9M
$-2.8M
Q2 25
$2.1M
$-1.3M
Q1 25
$-4.0M
$-1.9M
Q4 24
$2.4M
$-3.5M
Q3 24
$5.3M
$-695.2K
Q2 24
$-873.0K
$-924.1K
Q1 24
$-1.2M
$-769.0K
Free Cash Flow
APT
APT
BTCS
BTCS
Q4 25
$51.0K
$-9.8M
Q3 25
$3.8M
$-2.8M
Q2 25
$1.9M
$-1.3M
Q1 25
$-4.1M
$-1.9M
Q4 24
$970.0K
$-3.5M
Q3 24
$3.2M
Q2 24
$-1.0M
Q1 24
$-1.3M
FCF Margin
APT
APT
BTCS
BTCS
Q4 25
0.4%
-138.1%
Q3 25
25.9%
-56.7%
Q2 25
11.7%
-48.2%
Q1 25
-29.6%
-112.7%
Q4 24
7.0%
-152.2%
Q3 24
22.3%
Q2 24
-6.2%
Q1 24
-9.3%
Capex Intensity
APT
APT
BTCS
BTCS
Q4 25
1.9%
0.2%
Q3 25
0.7%
0.1%
Q2 25
0.8%
0.1%
Q1 25
1.0%
0.1%
Q4 24
10.4%
0.1%
Q3 24
15.1%
Q2 24
0.8%
Q1 24
0.6%
Cash Conversion
APT
APT
BTCS
BTCS
Q4 25
0.46×
Q3 25
4.02×
-0.04×
Q2 25
1.68×
-0.34×
Q1 25
-6.46×
Q4 24
2.85×
Q3 24
6.18×
Q2 24
-0.53×
Q1 24
-2.03×
-0.06×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

APT
APT

Other$7.3M53%
Disposable Protective Apparel$6.6M47%

BTCS
BTCS

Builder Plus$5.9M83%
Other$1.2M17%

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