Bel Fuse files Enercon financials; FY2023 revenue $95.7M, net income $14.3M

BEL FUSE INC /NJ

Enercon FY2023 revenue $95.7M (+18% YoY), gross profit $40.7M, operating profit $21.9M.
Net income attributable to owners $14.3M in FY2023 vs $8.0M in FY2022.
Total assets $133.8M, goodwill $60.5M; equity attributable to owners $67.6M as of Dec 31, 2023.
Unaudited interim results for nine months ended Sep 30, 2024 and pro forma combined information filed as exhibits.
Acquisition of 80% of Enercon closed Nov 14, 2024; this 8-K/A provides required financial statements.

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