secwatch.observer — SEC 8-K summary
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Issuer:     WORLD ACCEPTANCE CORP (WRLD)
CIK:        0000108385
Form:       8-K
Filed at:   2026-01-27T23:59:59+00:00
Accession:  0001437749-26-002140
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

World Acceptance posts Q3 net loss of $0.9M; provision and expenses surge
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- Net loss of $0.9M ($0.19 diluted) vs net income of $13.4M ($2.45) prior year.
- Total revenues up 1.9% to $141.3M; gross loans grew 1.5% YoY to $1.40B.
- Provision for credit losses increased $7.3M to $51.4M; net charge-offs 18.7% annualized vs 17.2%.
- G&A expenses rose 16.1% to $78.1M; personnel costs up 24.9% on share-based comp and hiring.
- Repurchased 102,559 shares for $15M in Q3; 11% of shares repurchased FYTD.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/108385/000143774926002140/0001437749-26-002140-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/108385/000143774926002140/wrld20260126_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-002140

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer