Bel Fuse Inc
NASDAQ:BELFA
Income Statement
Earnings Waterfall
Bel Fuse Inc
Revenue
|
595.6m
USD
|
Cost of Revenue
|
-385.3m
USD
|
Gross Profit
|
210.3m
USD
|
Operating Expenses
|
-124.9m
USD
|
Operating Income
|
85.4m
USD
|
Other Expenses
|
-10.3m
USD
|
Net Income
|
75.1m
USD
|
Income Statement
Bel Fuse Inc
Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
369
N/A
|
374
+1%
|
429
+15%
|
487
+13%
|
546
+12%
|
593
+8%
|
581
-2%
|
567
-2%
|
546
-4%
|
532
-3%
|
517
-3%
|
500
-3%
|
493
-2%
|
493
N/A
|
490
0%
|
492
+0%
|
496
+1%
|
505
+2%
|
525
+4%
|
548
+4%
|
555
+1%
|
542
-2%
|
520
-4%
|
492
-5%
|
471
-4%
|
465
-1%
|
465
N/A
|
466
+0%
|
472
+1%
|
490
+4%
|
512
+5%
|
544
+6%
|
570
+5%
|
601
+6%
|
632
+5%
|
654
+3%
|
690
+5%
|
688
0%
|
669
-3%
|
640
-4%
|
596
-7%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(302)
|
(304)
|
(352)
|
(400)
|
(446)
|
(482)
|
(470)
|
(458)
|
(441)
|
(430)
|
(415)
|
(400)
|
(392)
|
(389)
|
(386)
|
(389)
|
(396)
|
(405)
|
(424)
|
(409)
|
(407)
|
(396)
|
(374)
|
(382)
|
(366)
|
(355)
|
(351)
|
(346)
|
(354)
|
(369)
|
(389)
|
(409)
|
(426)
|
(447)
|
(462)
|
(471)
|
(487)
|
(475)
|
(452)
|
(424)
|
(385)
|
|
Gross Profit |
67
N/A
|
70
+4%
|
78
+11%
|
87
+13%
|
100
+15%
|
111
+11%
|
110
0%
|
109
-1%
|
105
-3%
|
102
-3%
|
101
-1%
|
100
-1%
|
100
+0%
|
104
+3%
|
105
+1%
|
102
-2%
|
100
-2%
|
100
0%
|
102
+2%
|
139
+37%
|
149
+7%
|
147
-2%
|
146
0%
|
110
-25%
|
105
-5%
|
110
+4%
|
114
+4%
|
120
+5%
|
118
-1%
|
121
+2%
|
124
+2%
|
134
+9%
|
144
+7%
|
155
+8%
|
170
+10%
|
184
+8%
|
203
+11%
|
213
+5%
|
217
+2%
|
216
-1%
|
210
-3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(47)
|
(47)
|
(58)
|
(72)
|
(78)
|
(86)
|
(82)
|
(78)
|
(78)
|
(76)
|
(76)
|
(71)
|
(74)
|
(78)
|
(80)
|
(85)
|
(85)
|
(81)
|
(79)
|
(112)
|
(118)
|
(126)
|
(131)
|
(104)
|
(104)
|
(104)
|
(104)
|
(102)
|
(102)
|
(103)
|
(105)
|
(108)
|
(108)
|
(109)
|
(109)
|
(113)
|
(119)
|
(124)
|
(127)
|
(122)
|
(125)
|
|
Selling, General & Administrative |
(47)
|
(48)
|
(58)
|
(72)
|
(79)
|
(86)
|
(82)
|
(78)
|
(78)
|
(76)
|
(76)
|
(71)
|
(74)
|
(78)
|
(80)
|
(85)
|
(84)
|
(81)
|
(79)
|
(83)
|
(81)
|
(82)
|
(82)
|
(77)
|
(79)
|
(79)
|
(80)
|
(79)
|
(79)
|
(81)
|
(83)
|
(86)
|
(86)
|
(88)
|
(89)
|
(92)
|
(98)
|
(102)
|
(105)
|
(99)
|
(102)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(30)
|
(37)
|
(44)
|
(50)
|
(27)
|
(26)
|
(25)
|
(25)
|
(24)
|
(23)
|
(22)
|
(22)
|
(22)
|
(22)
|
(21)
|
(20)
|
(20)
|
(21)
|
(22)
|
(22)
|
(22)
|
(22)
|
|
Operating Income |
21
N/A
|
23
+9%
|
20
-13%
|
15
-22%
|
22
+42%
|
25
+14%
|
28
+14%
|
31
+9%
|
27
-12%
|
27
N/A
|
26
-3%
|
29
+11%
|
26
-10%
|
26
-2%
|
25
-2%
|
18
-29%
|
16
-11%
|
19
+21%
|
23
+19%
|
27
+19%
|
31
+14%
|
21
-32%
|
15
-31%
|
6
-60%
|
1
-91%
|
6
+1 080%
|
10
+71%
|
18
+74%
|
17
-5%
|
18
+7%
|
19
+4%
|
26
+43%
|
36
+36%
|
46
+27%
|
61
+34%
|
71
+16%
|
84
+19%
|
89
+6%
|
90
+1%
|
94
+5%
|
85
-9%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
(0)
|
(2)
|
(4)
|
(6)
|
(7)
|
(3)
|
(3)
|
(3)
|
(3)
|
(6)
|
(6)
|
(5)
|
(6)
|
(6)
|
(8)
|
(7)
|
(7)
|
(7)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(4)
|
(3)
|
(3)
|
(4)
|
(4)
|
(3)
|
(0)
|
(0)
|
|
Non-Reccuring Items |
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(111)
|
(108)
|
(105)
|
(105)
|
3
|
1
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
3
|
(7)
|
(7)
|
(7)
|
(10)
|
(1)
|
1
|
7
|
7
|
7
|
5
|
(1)
|
(1)
|
(3)
|
(6)
|
(8)
|
(1)
|
1
|
(6)
|
1
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
2
|
1
|
2
|
2
|
(0)
|
(2)
|
(1)
|
(2)
|
(2)
|
1
|
(0)
|
0
|
(0)
|
(2)
|
(4)
|
(4)
|
(3)
|
(2)
|
(0)
|
(0)
|
(4)
|
(1)
|
|
Pre-Tax Income |
19
N/A
|
21
+9%
|
16
-25%
|
10
-38%
|
14
+44%
|
16
+14%
|
23
+45%
|
26
+10%
|
(87)
N/A
|
(84)
+4%
|
(86)
-2%
|
(83)
+4%
|
24
N/A
|
21
-14%
|
18
-14%
|
10
-45%
|
8
-18%
|
12
+46%
|
16
+36%
|
24
+51%
|
26
+9%
|
20
-22%
|
5
-75%
|
(7)
N/A
|
(13)
-79%
|
(11)
+20%
|
2
N/A
|
12
+572%
|
21
+73%
|
21
N/A
|
22
+4%
|
27
+26%
|
30
+9%
|
38
+28%
|
52
+36%
|
59
+15%
|
71
+20%
|
84
+18%
|
87
+4%
|
83
-5%
|
85
+2%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1)
|
(1)
|
(2)
|
(1)
|
(3)
|
(2)
|
(5)
|
(7)
|
0
|
14
|
20
|
18
|
13
|
(4)
|
(5)
|
(2)
|
(3)
|
(3)
|
(1)
|
(6)
|
(5)
|
(3)
|
(6)
|
(1)
|
(1)
|
(1)
|
1
|
(1)
|
(2)
|
0
|
(2)
|
(3)
|
(3)
|
(2)
|
(5)
|
(6)
|
(9)
|
(11)
|
(11)
|
(9)
|
(10)
|
|
Income from Continuing Operations |
19
|
20
|
14
|
9
|
12
|
15
|
18
|
19
|
(87)
|
(70)
|
(65)
|
(65)
|
37
|
17
|
12
|
7
|
5
|
9
|
15
|
18
|
21
|
17
|
(1)
|
(9)
|
(14)
|
(11)
|
3
|
12
|
19
|
21
|
19
|
25
|
27
|
36
|
47
|
53
|
62
|
73
|
76
|
74
|
75
|
|
Net Income (Common) |
19
N/A
|
20
+7%
|
14
-30%
|
9
-40%
|
12
+34%
|
15
+26%
|
18
+25%
|
19
+6%
|
(87)
N/A
|
(70)
+19%
|
(65)
+7%
|
(65)
+1%
|
37
N/A
|
17
-54%
|
12
-28%
|
(12)
N/A
|
(14)
-18%
|
(11)
+25%
|
(4)
+61%
|
21
N/A
|
23
+12%
|
20
-16%
|
2
-92%
|
(9)
N/A
|
(14)
-57%
|
(11)
+19%
|
3
N/A
|
13
+341%
|
20
+55%
|
22
+12%
|
20
-8%
|
25
+22%
|
27
+8%
|
36
+34%
|
47
+30%
|
53
+13%
|
62
+18%
|
73
+17%
|
76
+4%
|
74
-3%
|
75
+2%
|
|
EPS (Diluted) |
1.66
N/A
|
1.78
+7%
|
1.21
-32%
|
0.74
-39%
|
0.98
+32%
|
1.22
+24%
|
1.52
+25%
|
1.62
+7%
|
-7.29
N/A
|
-5.79
+21%
|
-5.49
+5%
|
-5.44
+1%
|
3.05
N/A
|
1.41
-54%
|
1.02
-28%
|
-0.99
N/A
|
-1.16
-17%
|
-0.87
+25%
|
-0.33
+62%
|
1.71
N/A
|
1.87
+9%
|
1.58
-16%
|
0.13
-92%
|
-0.71
N/A
|
-1.12
-58%
|
-0.91
+19%
|
0.22
N/A
|
1.04
+373%
|
1.61
+55%
|
1.79
+11%
|
1.64
-8%
|
2
+22%
|
2.14
+7%
|
2.86
+34%
|
3.73
+30%
|
4.2
+13%
|
4.85
+15%
|
5.69
+17%
|
5.94
+4%
|
5.78
-3%
|
5.88
+2%
|