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Side-by-side financial comparison of ALPHA PRO TECH LTD (APT) and FIRST CAPITAL INC (FCAP). 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 $13.5M, roughly 1.0× FIRST CAPITAL INC). FIRST CAPITAL INC runs the higher net margin — 36.2% vs 5.0%, a 31.2% gap on every dollar of revenue. On growth, FIRST CAPITAL INC posted the faster year-over-year revenue change (19.0% vs 0.3%). FIRST CAPITAL INC produced more free cash flow last quarter ($19.9M vs $51.0K). Over the past eight quarters, FIRST CAPITAL INC's revenue compounded faster (13.4% 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.

Capital First Ltd, formerly known as Future Capital Holdings, was an Indian non-bank financial institution which provided debt financing. In December 2018, it was merged into IDFC Bank to form IDFC First Bank. The company was listed on the NSE and BSE prior to the merger.

APT vs FCAP — Head-to-Head

Bigger by revenue
APT
APT
1.0× larger
APT
$13.9M
$13.5M
FCAP
Growing faster (revenue YoY)
FCAP
FCAP
+18.6% gap
FCAP
19.0%
0.3%
APT
Higher net margin
FCAP
FCAP
31.2% more per $
FCAP
36.2%
5.0%
APT
More free cash flow
FCAP
FCAP
$19.9M more FCF
FCAP
$19.9M
$51.0K
APT
Faster 2-yr revenue CAGR
FCAP
FCAP
Annualised
FCAP
13.4%
1.4%
APT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
APT
APT
FCAP
FCAP
Revenue
$13.9M
$13.5M
Net Profit
$698.0K
$4.9M
Gross Margin
37.1%
Operating Margin
6.9%
Net Margin
5.0%
36.2%
Revenue YoY
0.3%
19.0%
Net Profit YoY
-17.6%
49.6%
EPS (diluted)
$0.06
$1.45

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
FCAP
FCAP
Q4 25
$13.9M
$13.5M
Q3 25
$14.8M
$13.3M
Q2 25
$16.7M
$12.4M
Q1 25
$13.8M
$11.4M
Q4 24
$13.8M
$11.3M
Q3 24
$14.3M
$10.9M
Q2 24
$16.3M
$10.7M
Q1 24
$13.5M
$10.5M
Net Profit
APT
APT
FCAP
FCAP
Q4 25
$698.0K
$4.9M
Q3 25
$976.0K
$4.5M
Q2 25
$1.2M
$3.8M
Q1 25
$613.0K
$3.2M
Q4 24
$847.0K
$3.3M
Q3 24
$862.0K
$2.9M
Q2 24
$1.6M
$2.8M
Q1 24
$576.0K
$3.0M
Gross Margin
APT
APT
FCAP
FCAP
Q4 25
37.1%
Q3 25
39.7%
Q2 25
36.8%
Q1 25
39.0%
Q4 24
37.6%
Q3 24
38.5%
Q2 24
42.0%
Q1 24
40.2%
Operating Margin
APT
APT
FCAP
FCAP
Q4 25
6.9%
Q3 25
7.4%
41.8%
Q2 25
8.0%
37.2%
Q1 25
3.3%
34.2%
Q4 24
4.9%
34.8%
Q3 24
5.2%
31.5%
Q2 24
10.5%
31.1%
Q1 24
2.4%
33.0%
Net Margin
APT
APT
FCAP
FCAP
Q4 25
5.0%
36.2%
Q3 25
6.6%
33.8%
Q2 25
7.5%
30.4%
Q1 25
4.4%
28.3%
Q4 24
6.1%
28.8%
Q3 24
6.0%
26.5%
Q2 24
10.1%
26.5%
Q1 24
4.3%
28.1%
EPS (diluted)
APT
APT
FCAP
FCAP
Q4 25
$0.06
$1.45
Q3 25
$0.09
$1.34
Q2 25
$0.12
$1.13
Q1 25
$0.06
$0.97
Q4 24
$0.07
$0.97
Q3 24
$0.08
$0.87
Q2 24
$0.15
$0.85
Q1 24
$0.05
$0.88

Balance Sheet & Financial Strength

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

Metric
APT
APT
FCAP
FCAP
Cash + ST InvestmentsLiquidity on hand
$17.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$62.5M
$137.8M
Total Assets
$74.1M
$1.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APT
APT
FCAP
FCAP
Q4 25
$17.0M
Q3 25
$17.7M
Q2 25
$14.5M
Q1 25
$13.4M
Q4 24
$18.6M
Q3 24
$18.4M
Q2 24
$16.2M
Q1 24
$18.5M
Stockholders' Equity
APT
APT
FCAP
FCAP
Q4 25
$62.5M
$137.8M
Q3 25
$62.5M
$132.4M
Q2 25
$62.2M
$123.2M
Q1 25
$61.7M
$120.1M
Q4 24
$62.2M
$114.6M
Q3 24
$62.1M
$116.8M
Q2 24
$62.0M
$107.8M
Q1 24
$61.6M
$105.7M
Total Assets
APT
APT
FCAP
FCAP
Q4 25
$74.1M
$1.3B
Q3 25
$73.9M
$1.2B
Q2 25
$73.2M
$1.2B
Q1 25
$72.2M
$1.2B
Q4 24
$73.7M
$1.2B
Q3 24
$73.3M
$1.2B
Q2 24
$72.7M
$1.2B
Q1 24
$72.7M
$1.2B

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
FCAP
FCAP
Operating Cash FlowLast quarter
$318.0K
$21.3M
Free Cash FlowOCF − Capex
$51.0K
$19.9M
FCF MarginFCF / Revenue
0.4%
147.7%
Capex IntensityCapex / Revenue
1.9%
10.0%
Cash ConversionOCF / Net Profit
0.46×
4.36×
TTM Free Cash FlowTrailing 4 quarters
$1.7M
$35.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APT
APT
FCAP
FCAP
Q4 25
$318.0K
$21.3M
Q3 25
$3.9M
$7.9M
Q2 25
$2.1M
$3.7M
Q1 25
$-4.0M
$4.4M
Q4 24
$2.4M
$22.3M
Q3 24
$5.3M
$7.6M
Q2 24
$-873.0K
$3.5M
Q1 24
$-1.2M
$7.2M
Free Cash Flow
APT
APT
FCAP
FCAP
Q4 25
$51.0K
$19.9M
Q3 25
$3.8M
$7.8M
Q2 25
$1.9M
$3.5M
Q1 25
$-4.1M
$4.2M
Q4 24
$970.0K
$21.6M
Q3 24
$3.2M
$7.5M
Q2 24
$-1.0M
$3.3M
Q1 24
$-1.3M
$7.1M
FCF Margin
APT
APT
FCAP
FCAP
Q4 25
0.4%
147.7%
Q3 25
25.9%
58.6%
Q2 25
11.7%
27.8%
Q1 25
-29.6%
36.5%
Q4 24
7.0%
190.7%
Q3 24
22.3%
68.6%
Q2 24
-6.2%
31.2%
Q1 24
-9.3%
67.2%
Capex Intensity
APT
APT
FCAP
FCAP
Q4 25
1.9%
10.0%
Q3 25
0.7%
1.2%
Q2 25
0.8%
2.2%
Q1 25
1.0%
1.9%
Q4 24
10.4%
6.3%
Q3 24
15.1%
0.8%
Q2 24
0.8%
1.4%
Q1 24
0.6%
1.5%
Cash Conversion
APT
APT
FCAP
FCAP
Q4 25
0.46×
4.36×
Q3 25
4.02×
1.77×
Q2 25
1.68×
0.99×
Q1 25
-6.46×
1.36×
Q4 24
2.85×
6.84×
Q3 24
6.18×
2.62×
Q2 24
-0.53×
1.23×
Q1 24
-2.03×
2.45×

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%

FCAP
FCAP

Segment breakdown not available.

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