Bel Fuse Inc. (BELFA)

Bel Fuse Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	595.56	639.81	654.23	543.49	465.77	492.41
Revenue Growth (YoY)	-13.67%	-2.20%	20.38%	16.69%	-5.41%	-10.17%
Cost of Revenue	385.3	423.96	470.78	409.11	346.04	382.44
Gross Profit	210.26	215.85	183.45	134.38	119.73	109.97
Selling, General & Admin	98.74	99.09	92.34	86.61	78.7	77.42
Research & Development	22.48	22.49	20.24	21.89	23.61	26.93
Other Operating Expenses	6.53	6.3	5.73	1.2	-1.25	11.48
Operating Expenses	127.74	127.87	118.31	109.7	101.06	115.83
Operating Income	82.52	87.98	65.15	24.68	18.67	-5.85
Interest Expense / Income	2.3	2.85	3.38	3.54	4.75	5.45
Other Expense / Income	-4.7	1.83	2.71	-6.19	1.79	-4
Pretax Income	84.92	83.3	59.06	27.33	12.14	-7.3
Income Tax	9.78	9.47	6.37	2.51	-0.66	1.44
Net Income	75.13	73.83	52.69	24.82	12.8	-8.74
Net Income Growth	20.80%	40.13%	112.28%	93.99%	-	-
Shares Outstanding (Basic)	13	13	13	12	12	12
Shares Outstanding (Diluted)	13	13	13	12	12	12
Shares Change	-0.25%	1.91%	1.08%	0.59%	0.37%	1.40%
EPS (Basic)	5.62	5.52	4.01	1.90	0.97	-0.71
EPS (Diluted)	5.62	5.52	4.01	1.90	0.97	-0.71
EPS Growth	19.07%	37.66%	111.05%	95.88%	-	-
Free Cash Flow	92.57	102.26	33.26	2.57	44.59	20.37
Free Cash Flow Per Share	7.26	8.00	2.65	0.21	3.62	1.66
Dividend Per Share	0.240	0.250	0.250	0.240	0.240	0.240
Dividend Growth	-7.69%	0%	4.17%	0%	0%	0%
Gross Margin	35.31%	33.74%	28.04%	24.73%	25.71%	22.33%
Operating Margin	13.86%	13.75%	9.96%	4.54%	4.01%	-1.19%
Profit Margin	12.62%	11.54%	8.05%	4.57%	2.75%	-1.78%
Free Cash Flow Margin	15.54%	15.98%	5.08%	0.47%	9.57%	4.14%
Effective Tax Rate	11.52%	11.37%	10.79%	9.17%	-5.43%	-
EBITDA	100.98	99.46	77.3	47.73	33.31	14.62
EBITDA Margin	16.96%	15.55%	11.82%	8.78%	7.15%	2.97%
Depreciation & Amortization	13.76	13.31	14.86	16.86	16.42	16.47
EBIT	87.22	86.15	62.44	30.87	16.88	-1.85
EBIT Margin	14.64%	13.46%	9.54%	5.68%	3.62%	-0.38%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).