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Side-by-side financial comparison of ALPHA PRO TECH LTD (APT) and Richmond Mutual Bancorporation, Inc. (RMBI). 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 $13.1M, roughly 1.1× Richmond Mutual Bancorporation, Inc.). Richmond Mutual Bancorporation, Inc. runs the higher net margin — 26.1% vs 5.0%, a 21.1% gap on every dollar of revenue. On growth, Richmond Mutual Bancorporation, Inc. posted the faster year-over-year revenue change (18.1% vs 0.3%). Richmond Mutual Bancorporation, Inc. produced more free cash flow last quarter ($14.6M vs $51.0K). Over the past eight quarters, Richmond Mutual Bancorporation, Inc.'s revenue compounded faster (9.1% 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.

Richmond Mutual Bancorporation, Inc. is a U.S.-based bank holding company operating primarily in Indiana. It offers a full range of personal and commercial banking solutions including deposit accounts, mortgage loans, small business lending, and wealth management services, serving local retail consumers and small-to-medium enterprise clients via its regional branch network.

APT vs RMBI — Head-to-Head

Bigger by revenue
APT
APT
1.1× larger
APT
$13.9M
$13.1M
RMBI
Growing faster (revenue YoY)
RMBI
RMBI
+17.7% gap
RMBI
18.1%
0.3%
APT
Higher net margin
RMBI
RMBI
21.1% more per $
RMBI
26.1%
5.0%
APT
More free cash flow
RMBI
RMBI
$14.6M more FCF
RMBI
$14.6M
$51.0K
APT
Faster 2-yr revenue CAGR
RMBI
RMBI
Annualised
RMBI
9.1%
1.4%
APT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
APT
APT
RMBI
RMBI
Revenue
$13.9M
$13.1M
Net Profit
$698.0K
$3.4M
Gross Margin
37.1%
Operating Margin
6.9%
Net Margin
5.0%
26.1%
Revenue YoY
0.3%
18.1%
Net Profit YoY
-17.6%
37.7%
EPS (diluted)
$0.06
$0.35

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
RMBI
RMBI
Q4 25
$13.9M
$13.1M
Q3 25
$14.8M
$12.6M
Q2 25
$16.7M
$11.8M
Q1 25
$13.8M
$11.4M
Q4 24
$13.8M
$11.1M
Q3 24
$14.3M
$10.8M
Q2 24
$16.3M
$10.7M
Q1 24
$13.5M
$11.0M
Net Profit
APT
APT
RMBI
RMBI
Q4 25
$698.0K
$3.4M
Q3 25
$976.0K
$3.6M
Q2 25
$1.2M
$2.6M
Q1 25
$613.0K
$2.0M
Q4 24
$847.0K
$2.5M
Q3 24
$862.0K
$2.5M
Q2 24
$1.6M
$2.1M
Q1 24
$576.0K
$2.4M
Gross Margin
APT
APT
RMBI
RMBI
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
RMBI
RMBI
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
RMBI
RMBI
Q4 25
5.0%
26.1%
Q3 25
6.6%
28.6%
Q2 25
7.5%
22.0%
Q1 25
4.4%
17.2%
Q4 24
6.1%
22.4%
Q3 24
6.0%
23.0%
Q2 24
10.1%
19.3%
Q1 24
4.3%
21.6%
EPS (diluted)
APT
APT
RMBI
RMBI
Q4 25
$0.06
$0.35
Q3 25
$0.09
$0.36
Q2 25
$0.12
$0.26
Q1 25
$0.06
$0.20
Q4 24
$0.07
$0.25
Q3 24
$0.08
$0.24
Q2 24
$0.15
$0.20
Q1 24
$0.05
$0.23

Balance Sheet & Financial Strength

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

Metric
APT
APT
RMBI
RMBI
Cash + ST InvestmentsLiquidity on hand
$17.0M
$33.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$62.5M
$145.8M
Total Assets
$74.1M
$1.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APT
APT
RMBI
RMBI
Q4 25
$17.0M
$33.1M
Q3 25
$17.7M
$34.3M
Q2 25
$14.5M
$27.2M
Q1 25
$13.4M
$27.0M
Q4 24
$18.6M
$21.8M
Q3 24
$18.4M
$19.6M
Q2 24
$16.2M
$19.0M
Q1 24
$18.5M
$20.3M
Stockholders' Equity
APT
APT
RMBI
RMBI
Q4 25
$62.5M
$145.8M
Q3 25
$62.5M
$140.0M
Q2 25
$62.2M
$132.3M
Q1 25
$61.7M
$130.9M
Q4 24
$62.2M
$132.9M
Q3 24
$62.1M
$140.0M
Q2 24
$62.0M
$131.1M
Q1 24
$61.6M
$132.4M
Total Assets
APT
APT
RMBI
RMBI
Q4 25
$74.1M
$1.5B
Q3 25
$73.9M
$1.5B
Q2 25
$73.2M
$1.5B
Q1 25
$72.2M
$1.5B
Q4 24
$73.7M
$1.5B
Q3 24
$73.3M
$1.5B
Q2 24
$72.7M
$1.5B
Q1 24
$72.7M
$1.5B

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
RMBI
RMBI
Operating Cash FlowLast quarter
$318.0K
$16.0M
Free Cash FlowOCF − Capex
$51.0K
$14.6M
FCF MarginFCF / Revenue
0.4%
111.9%
Capex IntensityCapex / Revenue
1.9%
10.4%
Cash ConversionOCF / Net Profit
0.46×
4.68×
TTM Free Cash FlowTrailing 4 quarters
$1.7M
$26.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APT
APT
RMBI
RMBI
Q4 25
$318.0K
$16.0M
Q3 25
$3.9M
$6.3M
Q2 25
$2.1M
$4.8M
Q1 25
$-4.0M
$2.2M
Q4 24
$2.4M
$14.8M
Q3 24
$5.3M
$2.9M
Q2 24
$-873.0K
$2.9M
Q1 24
$-1.2M
$2.2M
Free Cash Flow
APT
APT
RMBI
RMBI
Q4 25
$51.0K
$14.6M
Q3 25
$3.8M
$5.8M
Q2 25
$1.9M
$4.2M
Q1 25
$-4.1M
$2.1M
Q4 24
$970.0K
$14.3M
Q3 24
$3.2M
$2.8M
Q2 24
$-1.0M
$2.8M
Q1 24
$-1.3M
$2.0M
FCF Margin
APT
APT
RMBI
RMBI
Q4 25
0.4%
111.9%
Q3 25
25.9%
46.2%
Q2 25
11.7%
35.6%
Q1 25
-29.6%
18.4%
Q4 24
7.0%
129.3%
Q3 24
22.3%
25.7%
Q2 24
-6.2%
26.2%
Q1 24
-9.3%
18.7%
Capex Intensity
APT
APT
RMBI
RMBI
Q4 25
1.9%
10.4%
Q3 25
0.7%
3.7%
Q2 25
0.8%
5.3%
Q1 25
1.0%
0.7%
Q4 24
10.4%
4.2%
Q3 24
15.1%
1.1%
Q2 24
0.8%
1.1%
Q1 24
0.6%
1.1%
Cash Conversion
APT
APT
RMBI
RMBI
Q4 25
0.46×
4.68×
Q3 25
4.02×
1.75×
Q2 25
1.68×
1.86×
Q1 25
-6.46×
1.11×
Q4 24
2.85×
5.96×
Q3 24
6.18×
1.17×
Q2 24
-0.53×
1.42×
Q1 24
-2.03×
0.91×

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%

RMBI
RMBI

Segment breakdown not available.

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