Trade Bel Fuse Inc - BELFB CFD

Bel Fuse B Company profile

About Bel Fuse, Inc.

Bel Fuse Inc. designs, manufactures, and markets a range of products that protects and connects electronic circuits. It operates through three segments: Cinch Connectivity Solutions, Power Solutions and Protection, and Magnetic Solutions. Its Cinch Connectivity Solutions segment offers a line of copper and optical fiber connectors and integrated assemblies, which provide connectivity for a range of applications across multiple industries. Its Power Solutions and Protection segment offers internal and external alternating current/direct current electricity (AC/DC) power supplies, DC/DC converters, DC/AC inverters, board level fuses, and Polymeric PTC (Positive Temperature Coefficient) devices, designed for the global electronic and telecommunication markets. Its Magnetic Solutions segment offers integrated connector modules (ICMs), power transformers, surface-mount device (SMD) power inductors and switched-mode power supply (SMPS) transformers, and discrete components-telecom.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Bel Fuse, Inc. revenues increased 17% to $543.5M. Net income before extraordinary items increased from $11.7M to $24.8M. Revenues reflect Power Solutions And Protection segment increase of 20% to $218M, Magnetic Solutions segment increase of 20% to $160.4M, North America segment increase of 19% to $317.4M, Asia segment increase of 16% to $149.5M.

Equity composition

Common Stock Cl. B $.10 Par, 3/11, 30M auth., 12,745,650 issd., less 3,218,307 shs. in Treas. @ cost. Insiders own 10.80%. IPO 12/83, 510K shs. @ $13 by DrexelBurnham. 3/11 Common Stock Cl. A $.10 Par, 10M auth., 3,247,681 issd., less 1,072,769 shs. in Treas. @ cost. Insiders own 25.79%.