---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-22-000085"
form_type: "8-K"
ticker: "WRLD"
cik: "0000108385"
company_name: "WORLD ACCEPTANCE CORP"
filed_at: "2022-01-25T23:59:59+00:00"
generated_at: "2026-06-27T15:45:55.269695+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# WRLD Q3 net income falls 50% to $7.3M ($1.14 EPS) on provision surge; loan growth 27%

## Summary
- Net income $7.3M ($1.14 diluted EPS) vs $14.5M ($2.25) prior year; revenue up 13.5% to $148.6M.
- Gross loans outstanding at Dec 31 $1.61B, up 27% YoY and 15.1% QoQ.
- Provision for credit losses $56.5M, up 95.6% from $28.9M, driven by loan growth and higher delinquency.
- Delinquency (61+ days) rose to 6.4% from 5.2% a year ago; net charge-offs annualized 13.8% vs 11.6%.
- Repurchased 93,722 shares for $19.3M; remaining repurchase capacity $46.1M.

## SEC filing metadata
- accession: 0001157523-22-000085
- form_type: 8-K
- ticker: WRLD
- cik: 0000108385
- company_name: WORLD ACCEPTANCE CORP
- filed_at: 2022-01-25T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/108385/000115752322000085/0001157523-22-000085-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/108385/000115752322000085/a52567766.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-22-000085
- JSON: https://secwatch.observer/filing/0001157523-22-000085.json
- Plain text: https://secwatch.observer/filing/0001157523-22-000085.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.