---
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"
generated_at: "2026-06-13T04:45:59.978506+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# World Acceptance Q1 FY2024 net income $9.5M, EPS $1.62; revenue down 11.8% YoY

## Summary
- 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%.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-23-001121
- JSON: https://secwatch.observer/filing/0001157523-23-001121.json
- Plain text: https://secwatch.observer/filing/0001157523-23-001121.txt

## Key facts
- Earnings Releases
  WORLD ACCEPTANCE CORP reported first quarter of fiscal 2024 results: revenue $139.3 million, net income $9.5 million, EPS $1.62 per share.
  - Period: first quarter of fiscal 2024
  - Revenue: $139.3 million
  - Net income: $9.5 million
  - EPS: $1.62 per share
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/108385/000115752323001121/0001157523-23-001121-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.