Detail akcie World Acceptance online

Business Summary: World Acceptance Corporation is a small-loan consumer finance company. The Company is engaged in offering short-term small installment loans, medium-term larger installment loans, related credit insurance, and ancillary products and services to individuals. It serves individuals with limited access to other sources of consumer credit, such as banks, credit unions, other consumer finance businesses, and credit card lenders. The Company also offers income tax return preparation services to its loan customers and other individuals. It also markets and sells credit life, credit accident and health, credit property and auto, unemployment, and accidental death and dismemberment insurance in connection with its loans in selected states. The Company operates approximately 1,073 branches in Alabama, Georgia, Idaho, Illinois, Indiana, Kentucky, Louisiana, Mississippi, Missouri, New Mexico, Oklahoma, South Carolina, Texas, Tennessee, Utah, and Wisconsin.
Financial Summary: BRIEF: For the nine months ended 31 December 2023, World Acceptance Corp. revenues decreased 9% to $413.9M. Net income totaled $42.3M vs. loss of $3.4M. Revenues reflect Interest and fee income decrease of 9% to $352.2M, Insurance commissions and other income decrease of 10% to $61.7M. Net Income reflects Provision for credit losses decrease of 40% to $127.7M (expense), Personnel decrease of 8% to $120.1M (expense).