Detail akcie World Acceptance online

Business Summary: World Acceptance Corporation is a people-focused finance company that provides personal instalment loan solutions and personal tax preparation and filing services. The Company generally 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, as an agent for an unaffiliated insurance company, 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 where the sale of such insurance is permitted by law. It offers automobile club memberships to its borrowers in Alabama, Georgia, Idaho, Indiana, Kentucky, Louisiana, Mississippi, Missouri, Oklahoma, Tennessee, Texas, South Carolina, Utah and Wisconsin, as an agent for an unaffiliated automobile club. The Company operates more than 1,000 community-based branches across 16 states.
Financial Summary: BRIEF: For the fiscal year ended 31 March 2024, World Acceptance Corp. revenues decreased 7% to $573.2M. Net income increased from $21.2M to $77.3M. Revenues reflect Interest and fee income decrease of 8% to $468.5M, Insurance & other decrease of 3% to $104.7M. Net income reflects Provision for credit losses decrease of 40% to $157M (expense), Personnel decrease of 7% to $164.5M (expense).