Highest-materiality recent filing
World Acceptance shareholders elect six directors, approve say-on-pay, ratify RSM auditor
All six directors elected: Bramlett, Vassalluzzo, Way, Whitaker, Neuhoff, Robinson; each received >3.3M votes.
World Acceptance authorizes $50M share repurchase program on Aug 13, 2026
Board approved repurchase of up to $50.0M of common stock, inclusive of prior authorizations.
Total revenues $139.2M, up 4.8% YoY from $132.8M in Q1 FY2026.
World Acceptance increases revolving credit facility by $15M to $655M
Aggregate commitments under revolving credit facility increased from $640M to $655M via $15M accordion increase.
Interim CEO Matricciani departs; Turner named Principal Executive Officer
Janet L. Matricciani's interim CEO role terminated June 3, 2026; no disagreement with company.
World Acceptance obtains temporary covenant relief on credit facility through Sept 2026
Fixed charge coverage covenant lowered to 2.20x (Mar 2026), 2.10x (Jun 2026), and 2.15x (Sep 2026), from 2.25x.
World Acceptance Q4 net income falls 18% to $36.5M; gross loans up 4.4% YoY
Net income $36.5M ($7.70 diluted EPS) vs $44.3M ($8.13) in Q4 FY25, a decline of $7.8M.
World Acceptance CEO Chad Prashad resigns; Janet Matricciani named Interim CEO
R. Chad Prashad resigned as President, CEO and Board member effective April 10, 2026; treated as termination without cause.
World Acceptance promotes J. Tobin Turner to EVP and COO; base salary $450K, equity grants awarded
Turner appointed EVP and COO effective Feb 13, 2026; previously SVP of Marketing and Analytics since 2023.
World Acceptance Corp. board authorizes $50M share repurchase program
Board approved up to $50M in common stock repurchases on Feb. 11, 2026, inclusive of amounts remaining from prior authorizations.
World Acceptance posts Q3 net loss of $0.9M; provision and expenses surge
Net loss of $0.9M ($0.19 diluted) vs net income of $13.4M ($2.45) prior year.
World Acceptance EVP & Chief Branch Ops Officer Dyer to retire March 31, 2026
D. Clinton Dyer, EVP and Chief Branch Operations Officer, retires March 31, 2026 after 30 years.
World Acceptance reports Q2 net loss of $0.38 per share; loan growth returns after 3 years
Net loss $1.9M ($0.38 diluted) vs income $22.1M ($3.99) a year ago; includes $3.7M early bond redemption charge.
World Acceptance Corp enters $175M warehouse facility for consumer loans
Revolving $175M facility secured by consumer loan receivables; advance rate 75% (70% on trigger event).
Shareholders approve 2025 Stock Incentive Plan, authorizing 400,000 shares; ~18% vote against
Plan approved with 3,694,122 for, 827,657 against, 24,706 abstain; broker non-votes 390,740.
Q1 net income $1.3M ($0.25 diluted EPS) vs $9.9M ($1.79) YoY; revenue $132.5M (+2.3% YoY).
World Acceptance approves long-term incentive grants with $18.40 EPS performance target
Performance Shares vest based on trailing EPS of $18.40 measured quarterly from Sept 30, 2025 through March 31, 2027.
World Acceptance Corp authorizes up to $20M stock repurchase program
Board approved up to $20M in common stock repurchases, including any prior remaining authorization.
World Acceptance Q4 net income $44.3M, EPS $8.13; revenue $165.3M up 3.8% YoY
Net income of $44.3M ($8.13 diluted EPS) vs $35.1M ($6.09) in Q4 FY2024.
World Acceptance Corp. authorizes $25M share repurchase program
Board approved $25M share repurchase program, inclusive of any remaining prior authorization.
World Acceptance Q3 net income falls to $13.4M ($2.45 EPS) from $16.7M; revenue up 0.6%
Total revenues $138.6M (+0.6% YoY); net income $13.4M vs $16.7M prior year.
CEO R. Chad Prashad forfeited 10,000 Performance Shares after $20.45 EPS target deemed no longer probable.
WRLD Q2 fiscal 2025 net income $22.1M ($3.99 EPS) vs $16.1M ($2.71 EPS) YoY
Total revenues $131.4M, down 4% YoY; interest & fee income $113.9M vs $117.0M.
World Acceptance shareholders elect all director nominees, approve say-on-pay and auditor
All seven director nominees elected with substantial majorities; Ken R. Bramlett Jr. received 4,441,586 votes for.
World Acceptance Q1 net income rises to $9.9M ($1.79 EPS); revenue falls 7% to $129.5M
Net income $9.9M vs $9.5M YoY; diluted EPS $1.79 vs $1.62.
World Acceptance approves $20M share repurchase program
Board authorized repurchase of up to $20M of outstanding common stock, inclusive of any remaining prior authorization.
World Acceptance Q4 net income $35.1M ($6.09 diluted); FY net income $77.3M vs $21.2M
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).
Net Income Available for Fixed Charges ratio lowered from 2.25:1 to 2.00:1 for quarters ending Mar 31, 2024 through Dec 31, 2024.
World Acceptance authorizes $30M share repurchase program
Board approved up to $30M in stock buybacks, inclusive of prior remaining authorization.
World Acceptance Q3 net income $16.7M, EPS $2.84, revenue $137.7M (-6% YoY)
Net income $16.7M vs $5.8M YoY; diluted EPS $2.84 vs $0.99; revenue $137.7M (-6% YoY).
World Acceptance authorizes $20M share repurchase program
Board approved repurchase of up to $20M of common stock, inclusive of any remaining from prior authorizations.
WRLD Q2 FY2024 net income $16.1M, EPS $2.71; credit quality improves
Net income of $16.1M vs. net loss of $0.6M in Q2 FY2023; diluted EPS $2.71 vs. ($0.11).
All seven director nominees elected, each receiving >90% of votes cast (excluding broker non-votes).
World Acceptance Q1 FY2024 net income $9.5M, EPS $1.62; revenue down 11.8% YoY
Net income of $9.5M vs net loss $8.6M in Q1 FY2023; diluted EPS $1.62 vs ($1.49).
World Acceptance cuts revolver to $580M, extends maturity to June 2026, eases covenant
Revolving commitments cut to $580M from $685M; accordion capacity increased to $150M.
World Acceptance Q4 FY2023 net income $25.6M, EPS $4.37; revenue down 4.6%
Net income of $25.6M ($4.37 diluted EPS) up 39.5% YoY from $18.4M ($2.97 EPS).
Court preliminarily approves derivative lawsuit settlement against World Acceptance Corp.
Preliminary approval granted for settlement of derivative action filed in 2020 against officers/directors.
World Acceptance Q3 net income drops to $5.8M; customer base down 13.7% YoY
Net income $5.8M ($0.98 diluted EPS) vs $7.3M ($1.14) prior year; revenue $146.5M (-1.4% YoY).
World Acceptance amends credit facility: advance rate cut to 62%, dividend restricted
Advance rate lowered from 74% to 62% for Oct 2022–Jun 2023 when collateral performance exceeds 24%.
World Acceptance Q2 net loss $0.24/sh; revenue up 9.7%; credit covenant breach waived
Net loss $1.4M ($0.24/sh diluted loss); adjusted net loss $1.2M ($0.20/sh).
Shareholders elect all seven director nominees, approve say-on-pay, ratify auditor
All seven director nominees elected: Bramlett, Prashad, Vassalluzzo, Way, Whitaker, Neuhoff, Robinson III.
World Acceptance Q1 net loss of $8.8M, adjusted EPS $1.15; loans up 34% but charge-offs surge
Net loss $8.8M ($1.53 diluted loss) vs prior-year net income $15.8M ($2.44 EPS); adjusted net income $6.6M ($1.15 adjusted EPS).
World Acceptance amends credit facility, lowering fixed charge covenant and enabling SPV formation
Fixed charge coverage ratio reduced to 2.10x for quarters ending Mar 2022 through Jun 2023; then reverts to 2.75x.
WRLD Q4 FY2022 EPS $2.97 vs $6.96 YoY; net income $18.4M down $26.5M
Revenue rose 13.7% to $166.3M on loan growth; gross loans up 37.8% to $1.52B.
World Acceptance approves $30M share repurchase program
Board authorized up to $30M of common stock repurchases, inclusive of any remaining prior authorizations.
WRLD Q3 net income falls 50% to $7.3M ($1.14 EPS) on provision surge; loan growth 27%
Net income $7.3M ($1.14 diluted EPS) vs $14.5M ($2.25) prior year; revenue up 13.5% to $148.6M.
World Acceptance authorizes $50M share repurchase program
Board approved repurchase of up to $50M of common stock, inclusive of prior authorization.
Gross loans outstanding rose 25.7% YoY to $1.39B; new customer applications up 88% YoY and 19% above pre-pandemic Q2 2020.
World Acceptance prices $300M 7.000% senior notes due 2026 to repay revolver
$300M aggregate principal of 7.000% senior notes due November 1, 2026, priced on Sep 22, 2021.
World Acceptance announces $300M senior notes offering, preliminary two-month results
Offers $300M senior notes due 2026 in private placement; proceeds to repay revolving credit facility.
Effective June 3, 2026, Mr. J. Tobin Turner, age 51, has been designated to serve as the Company’s Principal Executive Officer for SEC reporting purposes.
On June 3, 2026, World Acceptance Corporation (the “Company”) and Janet L. Matricciani agreed that Ms. Matricciani’s role as Interim President and Chief Executive Officer would terminate effective June 3, 2026.
Max materiality 0.85 · Median 0.62 · Most common event earnings