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Bel Fuse (BELFB) investor relations material
Bel Fuse Investor Presentation summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Investor Presentation summary11 Nov, 2025
Company overview and financials
Celebrating 75 years, with headquarters in West Orange, NJ and NASDAQ listing; pro forma annual sales of $657M and adjusted EBITDA of $137M, representing 20.9% of sales.
Diverse end markets include networking, industrial, aerospace/defense, and distribution, with a blue-chip customer base such as Raytheon, Lockheed Martin, Cisco, and Boeing.
Revenue and gross margin have grown steadily from 2019 to TTM Q3-2025, with gross margin improving to 28% and adjusted EBITDA margin reaching 20.9%.
Net leverage has decreased, and inventory turns have improved, reflecting disciplined capital management.
Business segments and market drivers
Operates in Power Solutions & Protection, Connectivity Solutions, and Magnetic Solutions, serving aerospace/defense, networking, industrial, and distribution markets.
Key products include power supplies, converters, circuit protection, fiber optics, connectors, and magnetic components.
Positive sector fundamentals such as electrification, increased data generation, 5G, miniaturization, AI, and EV infrastructure drive long-term growth.
Aerospace & defense account for approximately 40% of sales, with significant growth in emerging markets like space and AI applications.
Strategic transformation and leadership
Recent years marked by leadership changes, including a new CEO and CFO in 2025, and key hires across finance, sales, and operations.
Business transformation initiatives include pricing strategies, facility consolidations, ERP implementation, and non-core divestitures, resulting in estimated $5M cost savings.
Acquisition of Enercon in November 2024 expands capabilities and market reach.
Dual-class structure: rationale for retention
A&D sales: reconcile 17% vs 40% figures
Inventory turns trend and future targets
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Q4 202526 Feb, 2026
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Frequently asked questions
Bel Fuse Inc designs, manufactures, and markets electronic components that power, protect, and connect electronic circuits. Its products include power solutions, magnetic-based connectivity devices, and circuit protection components. The company serves industries such as telecommunications, transportation, computing, and industrial automation. The company is headquartered in Jersey City, New Jersey, and its shares are listed on the NASDAQ.
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