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Side-by-side financial comparison of ALPHA PRO TECH LTD (APT) and ELTEK LTD (ELTK). 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 $12.5M, roughly 1.1× ELTEK LTD). ALPHA PRO TECH LTD runs the higher net margin — 5.0% vs 2.9%, a 2.1% gap on every dollar of revenue. On growth, ELTEK LTD posted the faster year-over-year revenue change (19.7% vs 0.3%).

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.

Eltek is a brand of electric power conversion products for telecommunications and industrial applications, marketed as part of Delta Electronics. The products are developed and sold by Delta Electronics (Norway) AS, which is based in Drammen, Norway. As of 2018, Eltek had approximately 2000 employees, with offices in 40 countries.

APT vs ELTK — Head-to-Head

Bigger by revenue
APT
APT
1.1× larger
APT
$13.9M
$12.5M
ELTK
Growing faster (revenue YoY)
ELTK
ELTK
+19.4% gap
ELTK
19.7%
0.3%
APT
Higher net margin
APT
APT
2.1% more per $
APT
5.0%
2.9%
ELTK

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
APT
APT
ELTK
ELTK
Revenue
$13.9M
$12.5M
Net Profit
$698.0K
$365.0K
Gross Margin
37.1%
24.1%
Operating Margin
6.9%
11.6%
Net Margin
5.0%
2.9%
Revenue YoY
0.3%
19.7%
Net Profit YoY
-17.6%
-51.4%
EPS (diluted)
$0.06
$0.05

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
ELTK
ELTK
Q4 25
$13.9M
Q3 25
$14.8M
Q2 25
$16.7M
$12.5M
Q1 25
$13.8M
Q4 24
$13.8M
Q3 24
$14.3M
Q2 24
$16.3M
$10.5M
Q1 24
$13.5M
Net Profit
APT
APT
ELTK
ELTK
Q4 25
$698.0K
Q3 25
$976.0K
Q2 25
$1.2M
$365.0K
Q1 25
$613.0K
Q4 24
$847.0K
Q3 24
$862.0K
Q2 24
$1.6M
$751.0K
Q1 24
$576.0K
Gross Margin
APT
APT
ELTK
ELTK
Q4 25
37.1%
Q3 25
39.7%
Q2 25
36.8%
24.1%
Q1 25
39.0%
Q4 24
37.6%
Q3 24
38.5%
Q2 24
42.0%
15.6%
Q1 24
40.2%
Operating Margin
APT
APT
ELTK
ELTK
Q4 25
6.9%
Q3 25
7.4%
Q2 25
8.0%
11.6%
Q1 25
3.3%
Q4 24
4.9%
Q3 24
5.2%
Q2 24
10.5%
3.9%
Q1 24
2.4%
Net Margin
APT
APT
ELTK
ELTK
Q4 25
5.0%
Q3 25
6.6%
Q2 25
7.5%
2.9%
Q1 25
4.4%
Q4 24
6.1%
Q3 24
6.0%
Q2 24
10.1%
7.2%
Q1 24
4.3%
EPS (diluted)
APT
APT
ELTK
ELTK
Q4 25
$0.06
Q3 25
$0.09
Q2 25
$0.12
$0.05
Q1 25
$0.06
Q4 24
$0.07
Q3 24
$0.08
Q2 24
$0.15
$0.11
Q1 24
$0.05

Balance Sheet & Financial Strength

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

Metric
APT
APT
ELTK
ELTK
Cash + ST InvestmentsLiquidity on hand
$17.0M
$1.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$62.5M
$44.6M
Total Assets
$74.1M
$64.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APT
APT
ELTK
ELTK
Q4 25
$17.0M
Q3 25
$17.7M
Q2 25
$14.5M
$1.8M
Q1 25
$13.4M
Q4 24
$18.6M
Q3 24
$18.4M
Q2 24
$16.2M
$8.9M
Q1 24
$18.5M
Stockholders' Equity
APT
APT
ELTK
ELTK
Q4 25
$62.5M
Q3 25
$62.5M
Q2 25
$62.2M
$44.6M
Q1 25
$61.7M
Q4 24
$62.2M
Q3 24
$62.1M
Q2 24
$62.0M
$38.0M
Q1 24
$61.6M
Total Assets
APT
APT
ELTK
ELTK
Q4 25
$74.1M
Q3 25
$73.9M
Q2 25
$73.2M
$64.4M
Q1 25
$72.2M
Q4 24
$73.7M
Q3 24
$73.3M
Q2 24
$72.7M
$54.9M
Q1 24
$72.7M

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
ELTK
ELTK
Operating Cash FlowLast quarter
$318.0K
Free Cash FlowOCF − Capex
$51.0K
FCF MarginFCF / Revenue
0.4%
Capex IntensityCapex / Revenue
1.9%
Cash ConversionOCF / Net Profit
0.46×
TTM Free Cash FlowTrailing 4 quarters
$1.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APT
APT
ELTK
ELTK
Q4 25
$318.0K
Q3 25
$3.9M
Q2 25
$2.1M
Q1 25
$-4.0M
Q4 24
$2.4M
Q3 24
$5.3M
Q2 24
$-873.0K
Q1 24
$-1.2M
Free Cash Flow
APT
APT
ELTK
ELTK
Q4 25
$51.0K
Q3 25
$3.8M
Q2 25
$1.9M
Q1 25
$-4.1M
Q4 24
$970.0K
Q3 24
$3.2M
Q2 24
$-1.0M
Q1 24
$-1.3M
FCF Margin
APT
APT
ELTK
ELTK
Q4 25
0.4%
Q3 25
25.9%
Q2 25
11.7%
Q1 25
-29.6%
Q4 24
7.0%
Q3 24
22.3%
Q2 24
-6.2%
Q1 24
-9.3%
Capex Intensity
APT
APT
ELTK
ELTK
Q4 25
1.9%
Q3 25
0.7%
Q2 25
0.8%
Q1 25
1.0%
Q4 24
10.4%
Q3 24
15.1%
Q2 24
0.8%
Q1 24
0.6%
Cash Conversion
APT
APT
ELTK
ELTK
Q4 25
0.46×
Q3 25
4.02×
Q2 25
1.68×
Q1 25
-6.46×
Q4 24
2.85×
Q3 24
6.18×
Q2 24
-0.53×
Q1 24
-2.03×

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%

ELTK
ELTK

Segment breakdown not available.

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