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Side-by-side financial comparison of ALPHA PRO TECH LTD (APT) and REED'S, INC. (REED). 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 $7.5M, roughly 1.9× REED'S, INC.). ALPHA PRO TECH LTD runs the higher net margin — 5.0% vs -50.5%, a 55.6% gap on every dollar of revenue. On growth, ALPHA PRO TECH LTD posted the faster year-over-year revenue change (0.3% vs -23.1%). ALPHA PRO TECH LTD produced more free cash flow last quarter ($51.0K vs $-3.9M). Over the past eight quarters, ALPHA PRO TECH LTD's revenue compounded faster (1.4% CAGR vs -11.7%).
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.
Waddell & Reed Financial, Inc. was an American asset management and financial planning company founded in 1937 in Kansas City, Missouri. It was a publicly traded company from 1998 to 2021, and briefly had its headquarters in Overland Park, Kansas, and was planning a move back to Downtown Kansas City before the company was sold. It operated asset management and distribution subsidiaries, including Ivy Investment Management Company and Waddell & Reed Investment Management Company.
APT vs REED — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $13.9M | $7.5M |
| Net Profit | $698.0K | $-3.8M |
| Gross Margin | 37.1% | 20.4% |
| Operating Margin | 6.9% | -46.9% |
| Net Margin | 5.0% | -50.5% |
| Revenue YoY | 0.3% | -23.1% |
| Net Profit YoY | -17.6% | 8.2% |
| EPS (diluted) | $0.06 | $-1.26 |
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.
| Q4 25 | $13.9M | $7.5M | ||
| Q3 25 | $14.8M | $7.0M | ||
| Q2 25 | $16.7M | $9.5M | ||
| Q1 25 | $13.8M | $10.0M | ||
| Q4 24 | $13.8M | $9.7M | ||
| Q3 24 | $14.3M | $6.8M | ||
| Q2 24 | $16.3M | $11.9M | ||
| Q1 24 | $13.5M | $9.6M |
| Q4 25 | $698.0K | $-3.8M | ||
| Q3 25 | $976.0K | $-4.0M | ||
| Q2 25 | $1.2M | $-6.0M | ||
| Q1 25 | $613.0K | $-2.0M | ||
| Q4 24 | $847.0K | $-4.1M | ||
| Q3 24 | $862.0K | $-4.2M | ||
| Q2 24 | $1.6M | $-3.2M | ||
| Q1 24 | $576.0K | $-1.7M |
| Q4 25 | 37.1% | 20.4% | ||
| Q3 25 | 39.7% | 17.4% | ||
| Q2 25 | 36.8% | 8.5% | ||
| Q1 25 | 39.0% | 33.9% | ||
| Q4 24 | 37.6% | 30.0% | ||
| Q3 24 | 38.5% | 18.0% | ||
| Q2 24 | 42.0% | 32.3% | ||
| Q1 24 | 40.2% | 35.6% |
| Q4 25 | 6.9% | -46.9% | ||
| Q3 25 | 7.4% | -58.3% | ||
| Q2 25 | 8.0% | -60.8% | ||
| Q1 25 | 3.3% | -17.4% | ||
| Q4 24 | 4.9% | -37.6% | ||
| Q3 24 | 5.2% | -46.5% | ||
| Q2 24 | 10.5% | -5.6% | ||
| Q1 24 | 2.4% | -6.8% |
| Q4 25 | 5.0% | -50.5% | ||
| Q3 25 | 6.6% | -56.6% | ||
| Q2 25 | 7.5% | -63.5% | ||
| Q1 25 | 4.4% | -20.3% | ||
| Q4 24 | 6.1% | -42.3% | ||
| Q3 24 | 6.0% | -61.5% | ||
| Q2 24 | 10.1% | -27.1% | ||
| Q1 24 | 4.3% | -17.4% |
| Q4 25 | $0.06 | $-1.26 | ||
| Q3 25 | $0.09 | $-0.48 | ||
| Q2 25 | $0.12 | $-0.13 | ||
| Q1 25 | $0.06 | $-0.04 | ||
| Q4 24 | $0.07 | $-3.73 | ||
| Q3 24 | $0.08 | $-4.91 | ||
| Q2 24 | $0.15 | $-0.77 | ||
| Q1 24 | $0.05 | $-0.40 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $17.0M | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $62.5M | $9.2M |
| Total Assets | $74.1M | $23.3M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| 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 | — |
| Q4 25 | $62.5M | $9.2M | ||
| Q3 25 | $62.5M | $2.8M | ||
| Q2 25 | $62.2M | $1.7M | ||
| Q1 25 | $61.7M | $4.7M | ||
| Q4 24 | $62.2M | $6.6M | ||
| Q3 24 | $62.1M | $-22.0M | ||
| Q2 24 | $62.0M | $-23.8M | ||
| Q1 24 | $61.6M | $-20.7M |
| Q4 25 | $74.1M | $23.3M | ||
| Q3 25 | $73.9M | $19.9M | ||
| Q2 25 | $73.2M | $23.7M | ||
| Q1 25 | $72.2M | $24.5M | ||
| Q4 24 | $73.7M | $25.1M | ||
| Q3 24 | $73.3M | $15.0M | ||
| Q2 24 | $72.7M | $18.7M | ||
| Q1 24 | $72.7M | $19.3M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $318.0K | $-3.8M |
| Free Cash FlowOCF − Capex | $51.0K | $-3.9M |
| FCF MarginFCF / Revenue | 0.4% | -52.0% |
| Capex IntensityCapex / Revenue | 1.9% | 1.1% |
| Cash ConversionOCF / Net Profit | 0.46× | — |
| TTM Free Cash FlowTrailing 4 quarters | $1.7M | $-17.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $318.0K | $-3.8M | ||
| Q3 25 | $3.9M | $-2.8M | ||
| Q2 25 | $2.1M | $-5.0M | ||
| Q1 25 | $-4.0M | $-5.4M | ||
| Q4 24 | $2.4M | $-3.9M | ||
| Q3 24 | $5.3M | $1.1M | ||
| Q2 24 | $-873.0K | $-912.0K | ||
| Q1 24 | $-1.2M | $-2.4M |
| Q4 25 | $51.0K | $-3.9M | ||
| Q3 25 | $3.8M | $-2.9M | ||
| Q2 25 | $1.9M | $-5.1M | ||
| Q1 25 | $-4.1M | $-5.4M | ||
| Q4 24 | $970.0K | $-4.0M | ||
| Q3 24 | $3.2M | $1.0M | ||
| Q2 24 | $-1.0M | $-924.0K | ||
| Q1 24 | $-1.3M | $-2.4M |
| Q4 25 | 0.4% | -52.0% | ||
| Q3 25 | 25.9% | -41.5% | ||
| Q2 25 | 11.7% | -53.2% | ||
| Q1 25 | -29.6% | -54.2% | ||
| Q4 24 | 7.0% | -40.8% | ||
| Q3 24 | 22.3% | 15.3% | ||
| Q2 24 | -6.2% | -7.8% | ||
| Q1 24 | -9.3% | -25.1% |
| Q4 25 | 1.9% | 1.1% | ||
| Q3 25 | 0.7% | 1.4% | ||
| Q2 25 | 0.8% | 0.2% | ||
| Q1 25 | 1.0% | 0.7% | ||
| Q4 24 | 10.4% | 1.0% | ||
| Q3 24 | 15.1% | 0.3% | ||
| Q2 24 | 0.8% | 0.1% | ||
| Q1 24 | 0.6% | 0.2% |
| 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
| Other | $7.3M | 53% |
| Disposable Protective Apparel | $6.6M | 47% |
REED
Segment breakdown not available.
