World Acceptance Corporation engages in small-loan consumer finance business. The Company offers short-term small and medium-term larger installment loans, as well as related credit insurance and ancillary products and services to individuals. It also provides automobile club memberships to its borrowers and income tax return preparation and electronic filing services. In addition, the Company markets and sells various types of insurance in connection with its loans. Further, it develops and provides computer software solutions for the consumer finance industry. World Acceptance Corporation serves individuals with limited access to other sources of consumer credit.

Type
Public
HQ
Greenville, US
Founded
1962
Size (employees)
3,621 (est)
World Acceptance Corporation was founded in 1962 and is headquartered in Greenville, US
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Key People/Management at World Acceptance Corporation

Jim Wanserski

Jim Wanserski

Interim President and Chief Executive Officer

World Acceptance Corporation Office Locations

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

World Acceptance Corporation Financials

World Acceptance Corporation's revenue was reported to be $531.73 m in FY, 2017 which is a 4.6% decrease from the previous period.
USD

Revenue (Q1, 2018)

128.9 m

Net income (Q1, 2018)

13.1 m

Market capitalization (23-May-2018)

1 b

Closing share price (23-May-2018)

111

Cash (30-Jun-2017)

14.5 m
World Acceptance Corporation's current market capitalization is $1 b.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

617.6 m610.2 m557.5 m531.7 m

Revenue growth, %

(1%)(9%)(5%)

Sales and marketing expense

16.1 m17.3 m16.9 m17.9 m

General and administrative expense

38.9 m41.7 m44.5 m42.4 m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Revenue

150 m160.5 m150.3 m152.6 m153.6 m137.2 m136.4 m139.7 m127.1 m129.3 m130.8 m128.9 m

Sales and marketing expense

3 m7.3 m3.2 m3.4 m7.7 m3.2 m3.4 m8 m2.4 m4.1 m8.5 m4.9 m

General and administrative expense

9.7 m9.7 m10.1 m10.4 m10.4 m10.4 m12 m10.5 m10.5 m10.6 m10.5 m10.7 m

Operating expense total

115.5 m124 m114.2 m118.2 m124.9 m99.3 m108.3 m114.2 m100.5 m104.8 m116.5 m108 m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Cash

19.6 m38.3 m12.4 m15.2 m

PP&E

24.8 m25.9 m25.3 m24.2 m

Goodwill

6 m6.1 m6.1 m6.1 m

Total Assets

850 m866.1 m806.2 m800.6 m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Cash

17.2 m12.6 m20.9 m10.1 m16.3 m16 m14.5 m

PP&E

25.7 m23.3 m23.3 m24.5 m23.9 m23.8 m24.4 m

Goodwill

6.1 m6.1 m6.1 m6.1 m6.1 m6.1 m8.4 m

Total Assets

871.7 m863.6 m907 m810.4 m817.4 m860.9 m826.8 m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

106.6 m110.8 m87.4 m73.6 m

Depreciation and Amortization

1.1 m723.1 k528.7 k489.8 k

Inventories

(25.1 m)

Accounts Payable

(967.2 k)1 m511.9 k(904.3 k)
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Net Income

44.7 m67.6 m22.6 m43.8 m62.3 m23.6 m42.8 m57.6 m16.6 m32.1 m41.7 m13.1 m

Depreciation and Amortization

3.8 m5.5 m1.8 m3.6 m5.5 m1.8 m3.5 m5.2 m1.9 m3.7 m5.5 m2 m

Accounts Payable

(3.5 m)27.4 k(1.2 m)1.4 m(49.4 k)(2.9 m)(5 m)(3.1 m)(6 m)(3.8 m)(2.5 m)(1.3 m)

Cash From Operating Activities

106 m175 m66.8 m117.2 m173.1 m43.7 m84.3 m140.4 m55.7 m102.7 m156 m50.1 m
USDY, 2017

Financial Leverage

1.7 x
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World Acceptance Corporation Operating Metrics

World Acceptance Corporation's Total Loans was reported to be $1.1b in Q1, 2018.
FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018

Non-performing Loans

$51.13 m$48.50 m$56.81 m

Total Loans

$1.11 b$1.15 b$1.16 b$1.22 b$1.07 b$1.09 b$1.10 b$1.17 b$1.06 b$1.11 b

Total Loans, units

918.25 k896.81 k909.93 k
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