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Mar 31, 2023
World Acceptance Q4 2023 Earnings Report
World Acceptance Corporation's Q4 2023 earnings increased, driven by focus on credit quality and conservative lending approach.
Key Takeaways
World Acceptance Corporation reported a net income of $25.6 million and diluted net income per share of $4.37 for the fourth quarter of fiscal year 2023. Total revenues decreased by 4.6% to $160.8 million compared to the same quarter of the prior year. The company continued to focus on credit quality and carefully invest in its best customers.
Net income increased to $25.6 million.
Diluted net income per share rose to $4.37.
Accounts 90+ days past due significantly decreased to 3.5%.
Total revenues decreased to $160.8 million.
World Acceptance
World Acceptance
World Acceptance Revenue by Segment
Revenue by Segment
Interest and Fee Income Revenue
CapyFin.com Forward Guidance
World Acceptance Corporation did not provide specific forward guidance in this earnings report. The company will continue to monitor performance indicators and intends to adjust underwriting accordingly.