Bel Fuse Inc. Reports FY2024 Financials
Ticker: BELFB · Form: 10-K · Filed: Feb 28, 2025 · CIK: 729580
| Field | Detail |
|---|---|
| Company | Bel Fuse Inc /Nj (BELFB) |
| Form Type | 10-K |
| Filed Date | Feb 28, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: financials, annual-report, revenue, net-income
TL;DR
Bel Fuse FY24: $104M Rev, $1.07M Net Income, $133M Assets. Solid but watch liabilities.
AI Summary
Bel Fuse Inc. reported its fiscal year 2024 results, with total assets reaching $133.6 million and total liabilities at $13.88 million. The company's net income for the period was $1.07 million. Key financial figures include total revenues of $104.25 million and a net cash provided by operating activities of $3.22 million.
Why It Matters
This 10-K filing provides a comprehensive overview of Bel Fuse Inc.'s financial health and operational performance for the fiscal year ending December 31, 2024, which is crucial for investors and stakeholders to assess the company's stability and future prospects.
Risk Assessment
Risk Level: low — The filing presents standard financial information for a public company without immediate red flags.
Key Numbers
- $133.6M — Total Assets (As of December 31, 2024)
- $13.88M — Total Liabilities (As of December 31, 2024)
- $1.07M — Net Income (For the fiscal year ended December 31, 2024)
- $104.25M — Total Revenues (For the fiscal year ended December 31, 2024)
- $3.22M — Net Cash Provided by Operating Activities (For the fiscal year ended December 31, 2024)
Key Players & Entities
- BEL FUSE INC /NJ (company) — Filer
- 20241231 (date) — Fiscal Year End
- 20250228 (date) — Filing Date
- $133.6 million (dollar_amount) — Total Assets
- $13.88 million (dollar_amount) — Total Liabilities
- $1.07 million (dollar_amount) — Net Income
- $104.25 million (dollar_amount) — Total Revenues
- $3.22 million (dollar_amount) — Net Cash Provided by Operating Activities
FAQ
What were Bel Fuse Inc.'s total revenues for the fiscal year ended December 31, 2024?
Bel Fuse Inc.'s total revenues for the fiscal year ended December 31, 2024, were $104.25 million.
What was the company's net income for the fiscal year 2024?
The company reported a net income of $1.07 million for the fiscal year ended December 31, 2024.
What were the total assets of Bel Fuse Inc. as of December 31, 2024?
As of December 31, 2024, Bel Fuse Inc. had total assets amounting to $133.6 million.
How much net cash did Bel Fuse Inc. provide from operating activities in fiscal year 2024?
In fiscal year 2024, Bel Fuse Inc. generated $3.22 million in net cash provided by operating activities.
What is the company's SIC code?
Bel Fuse Inc.'s Standard Industrial Classification (SIC) code is 3677, which corresponds to Electronic Coils, Transformers & Other Inductors.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on February 28, 2025 regarding BEL FUSE INC /NJ (BELFB).