World Acceptance Q4 FY2023 net income $25.6M, EPS $4.37; revenue down 4.6%

WORLD ACCEPTANCE CORP

2023-FY EPS reported $3.60 revenue$616,545,364

Net income of $25.6M ($4.37 diluted EPS) up 39.5% YoY from $18.4M ($2.97 EPS).
Total revenues $160.8M, down 4.6% YoY; gross loans $1.39B, down 8.7% YoY.
Accounts 90+ days past due improved to 3.5% from 4.9% at Dec 31, 2022.
Adjusted net income excluding allowance change was $11.6M ($1.97 EPS) vs $19.1M ($3.10 EPS) prior year.
Customer base decreased 15.9% over twelve months; same-store gross loans down 2.3%.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

WORLD ACCEPTANCE CORP reported financial results for twelve months ended March 31, 2023.

Period: twelve months ended March 31, 2023
Result: reported results

Exact text from the filing

World Acceptance Corporation (NASDAQ: WRLD) today reported financial results for its fourth quarter of fiscal 2023 and twelve months ended March 31, 2023.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

WORLD ACCEPTANCE CORP reported the fourth quarter of fiscal 2023 results: revenue $160.8 million, net income $25.6 million, EPS Diluted net income per share of $4.37.

Period: the fourth quarter of fiscal 2023
Revenue: $160.8 million
Net income: $25.6 million
EPS: Diluted net income per share of $4.37
Result: reported results

Exact text from the filing

Net income of $25.6 million Diluted net income per share of $4.37 Significant decrease in accounts 90+ days past due from 4.9% at December 31, 2022 to 3.5% at March 31, 2023 Gross loans outstanding of $1.39 billion, an 8.7% decrease from same quarter prior year Total revenues of $160.8 million, a 4.6% decrease from the same quarter prior year Cash flow from operating activities of $285.1 million over the last twelve months, a 4.7% increase over prior year

View on SEC.gov

Browse all earnings releases →

WORLD ACCEPTANCE CORP filing history →

Source: SEC EDGAR

accession 0001157523-23-000727

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.