{"schema_version":"secwatch.filing_event.v1","accession":"0001157523-23-001121","form_type":"8-K","ticker":"WRLD","cik":"0000108385","company_name":"WORLD ACCEPTANCE CORP","filed_at":"2023-07-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.102256+00:00","generated_at":"2026-06-13T04:45:59.978506+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"World Acceptance Q1 FY2024 net income $9.5M, EPS $1.62; revenue down 11.8% YoY","bullets":["Net income of $9.5M vs net loss $8.6M in Q1 FY2023; diluted EPS $1.62 vs ($1.49).","Total revenues $139.3M, down 11.8% from $157.9M; interest/fee income down 10.4%.","Gross loans $1.40B, down 14.9% YoY but up 0.6% sequentially from March 2023.","Provision for credit losses $46.6M vs $85.8M; net charge-offs $42.8M vs $64.4M, annualized NCO rate 16.9% vs 22.3%.","Recency delinquency 90+ days improved to 3.5% from 4.1% YoY; 61+ days improved to 5.6% from 6.9%."],"urls":{"canonical":"https://secwatch.observer/filing/0001157523-23-001121","json":"https://secwatch.observer/filing/0001157523-23-001121.json","markdown":"https://secwatch.observer/filing/0001157523-23-001121.md","text":"https://secwatch.observer/filing/0001157523-23-001121.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/108385/000115752323001121/0001157523-23-001121-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/108385/000115752323001121/a53471336.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T04:45:59.978506+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":"a2961fbc8db180d37d252afdebd9c74dc19d359d","claim":"WORLD ACCEPTANCE CORP reported first quarter of fiscal 2024 results: revenue $139.3 million, net income $9.5 million, EPS $1.62 per share.","evidence_excerpt":"Net income for the first quarter of fiscal 2024 increased to $9.5 million from a net loss of $8.6 million for the same quarter of the prior year. Net income per diluted share increased to $1.62 per share in the first quarter of fiscal 2024 from a net loss of $1.49 per share for the same quarter of the prior year. Total revenues for the first quarter of fiscal 2024 decreased to $139.3 million, an 11.8% decrease from $157.9 million for the same quarter of the prior year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/108385/000115752323001121/0001157523-23-001121-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of fiscal 2024"},{"label":"Revenue","value":"$139.3 million"},{"label":"Net income","value":"$9.5 million"},{"label":"EPS","value":"$1.62 per share"},{"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"}