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Side-by-side financial comparison of ALPHA PRO TECH LTD (APT) and Local Bounti Corporation (LOCL). 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× Local Bounti Corporation). ALPHA PRO TECH LTD runs the higher net margin — 5.0% vs -69.8%, a 74.9% gap on every dollar of revenue. On growth, Local Bounti Corporation posted the faster year-over-year revenue change (23.7% vs 0.3%). ALPHA PRO TECH LTD produced more free cash flow last quarter ($51.0K vs $-3.6M). Over the past eight quarters, Local Bounti Corporation's revenue compounded faster (21.9% 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.

Local Bounti Corporation is a U.S.-based sustainable indoor agriculture firm growing fresh, pesticide-free leafy greens, herbs and produce via advanced hydroponic and vertical farming tech. It serves North American retail and food service partners, focusing on low environmental impact and stable year-round supply.

APT vs LOCL — Head-to-Head

Bigger by revenue
APT
APT
1.1× larger
APT
$13.9M
$12.5M
LOCL
Growing faster (revenue YoY)
LOCL
LOCL
+23.4% gap
LOCL
23.7%
0.3%
APT
Higher net margin
APT
APT
74.9% more per $
APT
5.0%
-69.8%
LOCL
More free cash flow
APT
APT
$3.7M more FCF
APT
$51.0K
$-3.6M
LOCL
Faster 2-yr revenue CAGR
LOCL
LOCL
Annualised
LOCL
21.9%
1.4%
APT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
APT
APT
LOCL
LOCL
Revenue
$13.9M
$12.5M
Net Profit
$698.0K
$-8.7M
Gross Margin
37.1%
12.2%
Operating Margin
6.9%
-106.1%
Net Margin
5.0%
-69.8%
Revenue YoY
0.3%
23.7%
Net Profit YoY
-17.6%
76.0%
EPS (diluted)
$0.06
$1.52

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
LOCL
LOCL
Q4 25
$13.9M
$12.5M
Q3 25
$14.8M
$12.2M
Q2 25
$16.7M
$12.1M
Q1 25
$13.8M
$11.6M
Q4 24
$13.8M
$10.1M
Q3 24
$14.3M
$10.2M
Q2 24
$16.3M
$9.4M
Q1 24
$13.5M
$8.4M
Net Profit
APT
APT
LOCL
LOCL
Q4 25
$698.0K
$-8.7M
Q3 25
$976.0K
$-26.4M
Q2 25
$1.2M
$-21.6M
Q1 25
$613.0K
$-37.7M
Q4 24
$847.0K
$-36.3M
Q3 24
$862.0K
$-34.3M
Q2 24
$1.6M
$-25.3M
Q1 24
$576.0K
$-24.1M
Gross Margin
APT
APT
LOCL
LOCL
Q4 25
37.1%
12.2%
Q3 25
39.7%
11.5%
Q2 25
36.8%
12.2%
Q1 25
39.0%
12.6%
Q4 24
37.6%
5.4%
Q3 24
38.5%
13.8%
Q2 24
42.0%
14.3%
Q1 24
40.2%
9.4%
Operating Margin
APT
APT
LOCL
LOCL
Q4 25
6.9%
-106.1%
Q3 25
7.4%
-149.4%
Q2 25
8.0%
-127.7%
Q1 25
3.3%
-135.6%
Q4 24
4.9%
-166.6%
Q3 24
5.2%
-176.0%
Q2 24
10.5%
-146.8%
Q1 24
2.4%
-122.9%
Net Margin
APT
APT
LOCL
LOCL
Q4 25
5.0%
-69.8%
Q3 25
6.6%
-216.6%
Q2 25
7.5%
-178.3%
Q1 25
4.4%
-324.6%
Q4 24
6.1%
-360.1%
Q3 24
6.0%
-335.2%
Q2 24
10.1%
-267.6%
Q1 24
4.3%
-286.9%
EPS (diluted)
APT
APT
LOCL
LOCL
Q4 25
$0.06
$1.52
Q3 25
$0.09
$-1.18
Q2 25
$0.12
$-1.63
Q1 25
$0.06
$-4.32
Q4 24
$0.07
$-4.24
Q3 24
$0.08
$-4.01
Q2 24
$0.15
$-3.00
Q1 24
$0.05
$-2.89

Balance Sheet & Financial Strength

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

Metric
APT
APT
LOCL
LOCL
Cash + ST InvestmentsLiquidity on hand
$17.0M
$4.2M
Total DebtLower is stronger
$483.1M
Stockholders' EquityBook value
$62.5M
$-166.2M
Total Assets
$74.1M
$410.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APT
APT
LOCL
LOCL
Q4 25
$17.0M
$4.2M
Q3 25
$17.7M
$6.2M
Q2 25
$14.5M
$5.3M
Q1 25
$13.4M
$18.0M
Q4 24
$18.6M
$937.0K
Q3 24
$18.4M
$317.0K
Q2 24
$16.2M
$9.7M
Q1 24
$18.5M
$8.2M
Total Debt
APT
APT
LOCL
LOCL
Q4 25
$483.1M
Q3 25
$484.9M
Q2 25
$478.3M
Q1 25
$480.0M
Q4 24
$436.8M
Q3 24
$398.4M
Q2 24
$374.0M
Q1 24
$329.8M
Stockholders' Equity
APT
APT
LOCL
LOCL
Q4 25
$62.5M
$-166.2M
Q3 25
$62.5M
$-158.1M
Q2 25
$62.2M
$-132.7M
Q1 25
$61.7M
$-134.5M
Q4 24
$62.2M
$-100.5M
Q3 24
$62.1M
$-65.6M
Q2 24
$62.0M
$-32.8M
Q1 24
$61.6M
$-9.4M
Total Assets
APT
APT
LOCL
LOCL
Q4 25
$74.1M
$410.5M
Q3 25
$73.9M
$417.8M
Q2 25
$73.2M
$426.8M
Q1 25
$72.2M
$447.2M
Q4 24
$73.7M
$428.0M
Q3 24
$73.3M
$430.8M
Q2 24
$72.7M
$438.1M
Q1 24
$72.7M
$413.4M

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
LOCL
LOCL
Operating Cash FlowLast quarter
$318.0K
$-3.1M
Free Cash FlowOCF − Capex
$51.0K
$-3.6M
FCF MarginFCF / Revenue
0.4%
-29.1%
Capex IntensityCapex / Revenue
1.9%
3.9%
Cash ConversionOCF / Net Profit
0.46×
TTM Free Cash FlowTrailing 4 quarters
$1.7M
$-42.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APT
APT
LOCL
LOCL
Q4 25
$318.0K
$-3.1M
Q3 25
$3.9M
$-8.9M
Q2 25
$2.1M
$-8.7M
Q1 25
$-4.0M
$-9.6M
Q4 24
$2.4M
$1.2M
Q3 24
$5.3M
$-17.2M
Q2 24
$-873.0K
$-4.0M
Q1 24
$-1.2M
$-7.1M
Free Cash Flow
APT
APT
LOCL
LOCL
Q4 25
$51.0K
$-3.6M
Q3 25
$3.8M
$-10.1M
Q2 25
$1.9M
$-14.6M
Q1 25
$-4.1M
$-14.5M
Q4 24
$970.0K
$-8.6M
Q3 24
$3.2M
$-30.0M
Q2 24
$-1.0M
$-28.8M
Q1 24
$-1.3M
$-42.1M
FCF Margin
APT
APT
LOCL
LOCL
Q4 25
0.4%
-29.1%
Q3 25
25.9%
-82.8%
Q2 25
11.7%
-121.0%
Q1 25
-29.6%
-125.1%
Q4 24
7.0%
-85.3%
Q3 24
22.3%
-293.1%
Q2 24
-6.2%
-305.4%
Q1 24
-9.3%
-501.8%
Capex Intensity
APT
APT
LOCL
LOCL
Q4 25
1.9%
3.9%
Q3 25
0.7%
9.7%
Q2 25
0.8%
48.9%
Q1 25
1.0%
42.8%
Q4 24
10.4%
97.6%
Q3 24
15.1%
125.0%
Q2 24
0.8%
263.0%
Q1 24
0.6%
417.3%
Cash Conversion
APT
APT
LOCL
LOCL
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%

LOCL
LOCL

Segment breakdown not available.

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