---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-22-000565"
form_type: "8-K"
ticker: "WRLD"
cik: "0000108385"
company_name: "WORLD ACCEPTANCE CORP"
filed_at: "2022-05-05T23:59:59+00:00"
generated_at: "2026-06-25T23:19:20.983432+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# WRLD Q4 FY2022 EPS $2.97 vs $6.96 YoY; net income $18.4M down $26.5M

## Summary
- Revenue rose 13.7% to $166.3M on loan growth; gross loans up 37.8% to $1.52B.
- Provision for credit losses surged $51.8M to $57.4M, driving net income decline.
- Net charge-offs annualized 19.4% vs 12.3% YoY; 61+ day delinquency 6.9% vs 4.9%.
- G&A expenses fell 3.6% to $74.6M; G&A/revenue improved to 44.9% from 52.9%.
- Repurchased 300,375 shares for $60.7M in Q4; remaining repurchase capacity ~$48.3M.

## SEC filing metadata
- accession: 0001157523-22-000565
- form_type: 8-K
- ticker: WRLD
- cik: 0000108385
- company_name: WORLD ACCEPTANCE CORP
- filed_at: 2022-05-05T23:59:59+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/108385/000115752322000565/0001157523-22-000565-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/108385/000115752322000565/a52708776.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-22-000565
- JSON: https://secwatch.observer/filing/0001157523-22-000565.json
- Plain text: https://secwatch.observer/filing/0001157523-22-000565.txt

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