secwatch.observer — SEC 8-K summary
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Issuer:     BEL FUSE INC /NJ (BELFA)
CIK:        0000729580
Form:       8-K
Filed at:   2022-02-24T23:59:59+00:00
Accession:  0001437749-22-004352
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bel Fuse Q4 net sales $147.1M (+26.7% YoY); net earnings $8.0M, more than double Q4-20
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- Gross profit margin improved to 26.7% from 25.3% in Q4-20.
- Full-year 2021 net sales $543.5M (+16.7%); net earnings $24.8M vs $12.8M.
- Adjusted EBITDA $42.8M for 2021, up 33% YoY; Q4 adjusted EBITDA $15.3M (+96%).
- Backlog of $468M at year-end, over 200% increase from 2020; driven by eMobility, commercial air, industrials.
- Pricing adjustments implemented to offset rising input costs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/729580/000143774922004352/0001437749-22-004352-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/729580/000143774922004352/belfb20211214_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-004352

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer