secwatch.observer — SEC 8-K summary
======================================

Issuer:     WORLD ACCEPTANCE CORP (WRLD)
CIK:        0000108385
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0001157523-23-000727
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/108385/000115752323000727/0001157523-23-000727-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/108385/000115752323000727/a53393134.htm
  HTML page:      https://secwatch.observer/filing/0001157523-23-000727

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer