earnings
confidence high
sentiment positive
materiality 0.70
WRLD Q2 fiscal 2025 net income $22.1M ($3.99 EPS) vs $16.1M ($2.71 EPS) YoY
WORLD ACCEPTANCE CORP
2024-Q2 EPS reported
$5.77
revenue$260,936,770
- Total revenues $131.4M, down 4% YoY; interest & fee income $113.9M vs $117.0M.
- Provision for credit losses increased to $46.7M from $40.5M; net charge-offs $41.9M (17.6% annualized).
- G&A expenses fell 26.4% to $46.4M, driven by $18.5M reversal of performance-based share plan expense.
- Gross loans $1.30B, down 6.1% YoY but up 1.7% sequentially; new loan volume up 20.8%.
- Repurchased 85,843 shares for $10M in Q2; debt-to-equity improved to 1.2:1.