{"schema_version":"secwatch.filing_event.v1","accession":"0001157523-22-000913","form_type":"8-K","ticker":"WRLD","cik":"0000108385","company_name":"WORLD ACCEPTANCE CORP","filed_at":"2022-07-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:54.927198+00:00","generated_at":"2026-06-24T08:00:00.045059+00:00","sec_items":["1.01","2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"World Acceptance Q1 net loss of $8.8M, adjusted EPS $1.15; loans up 34% but charge-offs surge","bullets":["Net loss $8.8M ($1.53 diluted loss) vs prior-year net income $15.8M ($2.44 EPS); adjusted net income $6.6M ($1.15 adjusted EPS).","Revenues $157.6M (+21.5% YoY) driven by 34.2% loan growth to $1.64B; customer base up 11.4%.","Provision for credit losses surged to $85.8M from $30.3M; net charge-offs $64.4M (22.3% annualized) vs $24.1M (11.4%).","61+ day delinquency rose to 6.9% from 4.0% YoY; allowance for credit losses 13.0% of net loans.","Amended credit facility: increased fixed charge coverage ratio to 2.25x–2.75x through June 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001157523-22-000913","json":"https://secwatch.observer/filing/0001157523-22-000913.json","markdown":"https://secwatch.observer/filing/0001157523-22-000913.md","text":"https://secwatch.observer/filing/0001157523-22-000913.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/108385/000115752322000913/0001157523-22-000913-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/108385/000115752322000913/a52792669.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T08:00:00.045059+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}