---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-23-001511"
form_type: "8-K"
ticker: "WRLD"
cik: "0000108385"
company_name: "WORLD ACCEPTANCE CORP"
filed_at: "2023-10-20T23:59:59+00:00"
generated_at: "2026-06-09T18:00:42.342179+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# WRLD Q2 FY2024 net income $16.1M, EPS $2.71; credit quality improves

## Summary
- Net income of $16.1M vs. net loss of $0.6M in Q2 FY2023; diluted EPS $2.71 vs. ($0.11).
- Total revenues down 9.5% to $136.9M; interest and fee income declined 10.4%.
- Gross loans $1.38B, down 13.7% YoY; same-store loans decreased 10.9% over 12 months.
- Net charge-offs as % of avg net loans improved to 16.1% from 23.0% (annualized).
- Recency delinquency 90+ days improved to 3.7% from 5.0%; allowance at 12.8% of net loans.

## SEC filing metadata
- accession: 0001157523-23-001511
- form_type: 8-K
- ticker: WRLD
- cik: 0000108385
- company_name: WORLD ACCEPTANCE CORP
- filed_at: 2023-10-20T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/108385/000115752323001511/0001157523-23-001511-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/108385/000115752323001511/a53643736.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-23-001511
- JSON: https://secwatch.observer/filing/0001157523-23-001511.json
- Plain text: https://secwatch.observer/filing/0001157523-23-001511.txt

## Key facts
- Earnings Releases
  WORLD ACCEPTANCE CORP reported second quarter of fiscal 2024 results: revenue $136.9 million, net income $16.1 million, EPS $2.71 per diluted share.
  - Period: second quarter of fiscal 2024
  - Revenue: $136.9 million
  - Net income: $16.1 million
  - EPS: $2.71 per diluted share
  - Result: reported results
  source text: Diluted net income per share of $2.71 Recency delinquency on accounts 90+ days past due improved from 5.0% at September 30, 2022, to 3.7% at September 30, 2023 Total revenues of $136.9 million, including a 240 basis point yield increase compared to the same quarter in the prior year Portfolio results Gross loans outstanding were $1.38 billion as of September 30, 2023,
  evidence_url: https://www.sec.gov/Archives/edgar/data/108385/000115752323001511/0001157523-23-001511-index.htm

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