World Acceptance Corporation

The Company offers short-term small installment loans, medium-term larger installment loans, related credit insurance and ancillary products and services to individuals. The Company offers standardized installment loans generally between $300 and $4,000 through 1,339 branches in Alabama, Georgia, Idaho, Illinois, Indiana, Kentucky, Louisiana, Mississippi, Missouri, New Mexico, Oklahoma, South Carolina, Texas, Tennessee, Wisconsin and Mexico as of March 31, 2016. 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. In the United States branches, the Company also offers income tax return preparation services to its loan customers and other individuals.

Type
Public
HQ
Greenville, US
Founded
1962
Size (employees)
3,345 (est)
World Acceptance Corporation was founded in 1962 and is headquartered in Greenville, US

World Acceptance Corporation Office Locations

World Acceptance Corporation has an office in Greenville
Greenville, US (HQ)
108 Frederick St

World Acceptance Corporation Data and Metrics

World Acceptance Corporation Financial Metrics

World Acceptance Corporation's revenue was reported to be $557.5 m in FY, 2016 which is a 9% decrease from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

557.5 m

Revenue growth (FY, 2015 - FY, 2016), %

(9%)

Net income (FY, 2016)

87.4 m

Market capitalization (22-Jun-2017)

640.2 m

Closing share price (22-Jun-2017)

72.6

Cash (31-Mar-2016)

12.4 m
World Acceptance Corporation's current market capitalization is $640.2 m.
FY, 2014FY, 2015FY, 2016

Revenue

617.6 m610.2 m557.5 m

Revenue growth, %

(1%)(9%)

Sales and marketing expense

16.1 m17.3 m16.9 m

General and administrative expense

38.9 m41.7 m44.5 m

Operating expense total

447.4 m434.2 m419.6 m

Interest expense

21.2 m23.3 m26.8 m

Pre tax profit

170.2 m176 m137.9 m

Income tax expense

63.6 m65.2 m50.5 m

Net Income

106.6 m110.8 m87.4 m
FY, 2014FY, 2015FY, 2016

Cash

19.6 m38.3 m12.4 m

PP&E

24.8 m25.9 m25.3 m

Goodwill

6 m6.1 m6.1 m

Total Assets

850 m866.1 m806.2 m

Accounts Payable

27.7 m31.2 m31.4 m

Additional Paid-in Capital

118.4 m141.9 m138.8 m

Retained Earnings

193.1 m188.6 m276 m

Total Equity

307.4 m315.6 m391.9 m

Financial Leverage

2.8 x2.7 x2.1 x
FY, 2014FY, 2015FY, 2016

Net Income

106.6 m110.8 m87.4 m

Depreciation and Amortization

1.1 m723.1 k528.7 k

Accounts Receivable

(11.1 m)

Inventories

(25.1 m)

Accounts Payable

(967.2 k)1 m511.9 k

Cash From Operating Activities

246 m241.9 m206.1 m

Cash From Investing Activities

(165.6 m)(108.3 m)(101.9 m)

Cash From Financing Activities

(71.8 m)(112.5 m)(128.6 m)

Interest Paid

22.7 m23.8 m

Income Taxes Paid

61 m62.5 m
Y, 2016

Financial Leverage

2.1 x

World Acceptance Corporation Market Value History

World Acceptance Corporation Company Life and Culture

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