earnings
confidence high
sentiment positive
materiality 0.85
World Acceptance Q4 net income $35.1M ($6.09 diluted); FY net income $77.3M vs $21.2M
WORLD ACCEPTANCE CORP
2024-FY EPS reported
$13.19
revenue$573,213,402
- Net income Q4 $35.1M ($6.09 diluted EPS) vs $24.6M ($4.20) a year ago; FY net income $77.3M ($13.19) vs $21.2M ($3.60).
- Total revenues Q4 $159.3M (-1% YoY); FY revenues $573.2M (-7% YoY) reflecting lower loan balances.
- Provision for credit losses fell to $29.3M from $45.4M; net charge-offs dropped to $47.4M from $64.4M.
- Gross loans outstanding $1.28B (-8.1% YoY); recency delinquency 90+ days improved to 3.1% from 3.5%.
- Repurchased 146,436 shares for $19M in Q4; debt-to-equity improved to 1.2:1 from 1.6:1.