American Power Group Corporation announced consolidated earnings results for the fourth quarter and full year ended September 30, 2015. The company reported net sales for the three months ended September 30, 2015 decreased $532,000 or 38% to $872,000 as compared to net sales of $1,404,000 for the three months ended September 30, 2014. Net loss for the three months ended September 30, 2015 increased $3,987,000 to $1,645,000 or $0.03 loss per basic share as compared to a net income of $2,342,000 or $0.05 per basic share for the three months ended September 30, 2014. Operating loss from continuing operations was $1,287,000 compared to $695,000 for the same period a year ago. Net loss available to common shareholders was $1,929,000 compared to $2,107,000 for the same period a year ago. Basic net loss attributable to common stockholders per share was $0.04 compared to basic net income attributable to common stockholders per share of $0.05 for the same period a year ago.

The company reported net sales for the fiscal year ended September 30, 2015 decreased $3,329,000 or 53% to $2,959,000 as compared to net sales of $6,288,000 for the fiscal year ended September 30, 2014. Net income for the fiscal year ended September 30, 2015 was $474,000 or $0.01 per basic share as compared to net income of $38,000 or $0.00 per basic share for the fiscal year ended September 30, 2014. Operating loss from continuing operations was $4,347,000 compared to $1,989,000 for the same period a year ago. Basic net loss attributable to common Stockholders per share was $0.02 compared to $0.2 for the same period a year ago. Net loss available to common shareholders was $1,046,000 compared to $920,000 for the same period a year ago.