{"schema_version":"secwatch.filing_event.v1","accession":"0001157523-22-001410","form_type":"8-K","ticker":"WRLD","cik":"0000108385","company_name":"WORLD ACCEPTANCE CORP","filed_at":"2022-10-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:49.555169+00:00","generated_at":"2026-06-22T23:28:20.567186+00:00","sec_items":["2.02","7.01","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"World Acceptance Q2 net loss $0.24/sh; revenue up 9.7%; credit covenant breach waived","bullets":["Net loss $1.4M ($0.24/sh diluted loss); adjusted net loss $1.2M ($0.20/sh).","Revenue $151.2M (+9.7% YoY); gross loans $1.60B (+14.6%).","Operating cash flow $136.7M in 6 months (+27.7% YoY); tightened underwriting.","Violated Fixed Charge Coverage Ratio and Collateral Performance Indicator; lenders waived non-compliance on Oct 26.","No notice of default or acceleration received; company continues to manage credit risk."],"urls":{"canonical":"https://secwatch.observer/filing/0001157523-22-001410","json":"https://secwatch.observer/filing/0001157523-22-001410.json","markdown":"https://secwatch.observer/filing/0001157523-22-001410.md","text":"https://secwatch.observer/filing/0001157523-22-001410.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/108385/000115752322001410/0001157523-22-001410-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/108385/000115752322001410/a52954038.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T23:28:20.567186+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":[{"claim_id":"0c961479e6c75a3384808ef3e85a2e9634709d81","claim":"WORLD ACCEPTANCE CORP reported the second quarter of fiscal 2023 and six months ended September 30, 2022 results: revenue $151.2 million, EPS Net loss per share of $0.24 and adjusted net loss per diluted share of $0.20.","evidence_excerpt":"economic uncertainties. Highlights from the second quarter include: Gross loans outstanding of $1.60 billion, a 14.6% increase from same quarter prior year Total revenues of $151.2 million, a 9.72% increase from the same quarter prior year Net loss of $1.4 million and adjusted net loss of $1.2 million Net loss per share of $0.24 and adjusted net loss per diluted","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/108385/000115752322001410/0001157523-22-001410-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the second quarter of fiscal 2023 and six months ended September 30, 2022"},{"label":"Revenue","value":"$151.2 million"},{"label":"EPS","value":"Net loss per share of $0.24 and adjusted net loss per diluted share of $0.20"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}