Bel Fuse Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 1994
Revenue	639.81	654.23	543.49	465.77	492.41	Upgrade
Revenue Growth (YoY)	-2.20%	20.38%	16.69%	-5.41%	-10.17%	Upgrade
Cost of Revenue	423.96	470.78	409.11	346.04	382.44	Upgrade
Gross Profit	215.85	183.45	134.38	119.73	109.97	Upgrade
Selling, General & Admin	99.09	92.34	86.61	78.7	77.42	Upgrade
Research & Development	22.49	20.24	21.89	23.61	26.93	Upgrade
Other Operating Expenses	6.3	5.73	1.2	-1.25	11.48	Upgrade
Operating Expenses	127.87	118.31	109.7	101.06	115.83	Upgrade
Operating Income	87.98	65.15	24.68	18.67	-5.85	Upgrade
Interest Expense / Income	2.85	3.38	3.54	4.75	5.45	Upgrade
Other Expense / Income	1.83	2.71	-6.19	1.79	-4	Upgrade
Pretax Income	83.3	59.06	27.33	12.14	-7.3	Upgrade
Income Tax	9.47	6.37	2.51	-0.66	1.44	Upgrade
Net Income	73.83	52.69	24.82	12.8	-8.74	Upgrade
Net Income Growth	40.13%	112.28%	93.99%	-	-	Upgrade
Shares Outstanding (Basic)	13	13	12	12	12	Upgrade
Shares Outstanding (Diluted)	13	13	12	12	12	Upgrade
Shares Change	1.91%	1.08%	0.59%	0.37%	1.40%	Upgrade
EPS (Basic)	5.52	4.01	1.90	0.97	-0.71	Upgrade
EPS (Diluted)	5.52	4.01	1.90	0.97	-0.71	Upgrade
EPS Growth	37.66%	111.05%	95.88%	-	-	Upgrade
Free Cash Flow	102.26	33.26	2.57	44.59	20.37	Upgrade
Free Cash Flow Per Share	8.00	2.65	0.21	3.62	1.66	Upgrade
Dividend Per Share	0.250	0.250	0.240	0.240	0.240	Upgrade
Dividend Growth	0%	4.17%	0%	0%	0%	Upgrade
Gross Margin	33.74%	28.04%	24.73%	25.71%	22.33%	Upgrade
Operating Margin	13.75%	9.96%	4.54%	4.01%	-1.19%	Upgrade
Profit Margin	11.54%	8.05%	4.57%	2.75%	-1.78%	Upgrade
Free Cash Flow Margin	15.98%	5.08%	0.47%	9.57%	4.14%	Upgrade
Effective Tax Rate	11.37%	10.79%	9.17%	-5.43%	-	Upgrade
EBITDA	99.46	77.3	47.73	33.31	14.62	Upgrade
EBITDA Margin	15.55%	11.82%	8.78%	7.15%	2.97%	Upgrade
Depreciation & Amortization	13.31	14.86	16.86	16.42	16.47	Upgrade
EBIT	86.15	62.44	30.87	16.88	-1.85	Upgrade
EBIT Margin	13.46%	9.54%	5.68%	3.62%	-0.38%	Upgrade

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).