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.

Company Growth (employees)
Type
Public
HQ
Greenville, US
Founded
1962
Size (employees)
3,621 (est)+9%
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 $531.7 m in FY, 2017
USD

Revenue (FY, 2017)

531.7 m

Revenue growth (FY, 2016 - FY, 2017), %

(5%)

Net income (FY, 2017)

73.6 m

Market capitalization (15-Aug-2017)

654.4 m

Cash (31-Mar-2017)

15.2 m
World Acceptance Corporation's current market capitalization is $654.4 m.
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

Operating expense total

447.4 m434.2 m419.6 m417.7 m

Interest expense

21.2 m23.3 m26.8 m21.5 m

Pre tax profit

170.2 m176 m137.9 m114 m

Income tax expense

63.6 m65.2 m50.5 m40.4 m

Net Income

106.6 m110.8 m87.4 m73.6 m
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Revenue

150.3 m152.6 m153.6 m137.2 m136.4 m139.7 m127.1 m129.3 m130.8 m

Sales and marketing expense

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

General and administrative expense

10.1 m10.4 m10.4 m10.4 m12 m10.5 m10.5 m10.6 m10.5 m

Operating expense total

13.2 m13.8 m18.2 m13.6 m15.4 m18.5 m12.9 m14.7 m19 m

Interest expense

5.6 m6 m6 m5.5 m7.3 m7.1 m5.6 m5.5 m5.3 m

Pre tax profit

36.1 m34.3 m28.7 m38 m28.1 m25.5 m26.5 m24.4 m14.3 m

Income tax expense

13.6 m13 m10.2 m14.3 m9 m10.8 m9.9 m8.9 m4.7 m

Net Income

22.6 m43.8 m62.3 m23.6 m42.8 m57.6 m16.6 m32.1 m41.7 m
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

Accounts Payable

27.7 m31.2 m31.4 m31.9 m

Total Liabilities

339.5 m

Additional Paid-in Capital

118.4 m141.9 m138.8 m144.2 m

Retained Earnings

193.1 m188.6 m276 m344.6 m

Total Equity

307.4 m315.6 m391.9 m461.1 m

Financial Leverage

2.8 x2.7 x2.1 x1.7 x
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Cash

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

PP&E

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

Goodwill

6.1 m6.1 m6.1 m6.1 m6.1 m6.1 m

Total Assets

871.7 m863.6 m907 m810.4 m817.4 m860.9 m

Accounts Payable

27.9 m25.8 m27.8 m26.9 m28.9 m30 m

Additional Paid-in Capital

140.7 m137.7 m140.1 m139.4 m140.2 m143.3 m

Retained Earnings

212.2 m231.4 m246.2 m292.6 m308.1 m312.8 m

Total Equity

336.3 m346.8 m362.9 m404.8 m417.8 m422 m

Financial Leverage

2.6 x2.5 x2.5 x2 x2 x2 x
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

Accounts Receivable

(11.1 m)

Inventories

(25.1 m)

Accounts Payable

(967.2 k)1 m511.9 k(904.3 k)

Cash From Operating Activities

246 m241.9 m206.1 m219.4 m

Cash From Investing Activities

(165.6 m)(108.3 m)(101.9 m)(131.6 m)

Cash From Financing Activities

(71.8 m)(112.5 m)(128.6 m)(84.2 m)

Interest Paid

22.7 m23.8 m19.3 m

Income Taxes Paid

61 m62.5 m38 m
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Net Income

22.6 m43.8 m62.3 m23.6 m42.8 m57.6 m16.6 m32.1 m41.7 m

Depreciation and Amortization

1.8 m3.6 m5.5 m1.8 m3.5 m5.2 m1.9 m3.7 m5.5 m

Accounts Payable

(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)

Cash From Operating Activities

66.8 m117.2 m173.1 m43.7 m84.3 m140.4 m55.7 m102.7 m156 m

Purchases of PP&E

(2.4 m)(4.4 m)(6.6 m)(1.6 m)(3.2 m)(4.9 m)(1.4 m)(3.2 m)(4.9 m)

Cash From Investing Activities

(63.2 m)(113.2 m)(200.8 m)(49.4 m)(94.8 m)(164.9 m)(43.4 m)(84 m)(170.3 m)

Cash From Financing Activities

(7.2 m)(8.9 m)25.8 m(15.1 m)(14.5 m)8.1 m(14.3 m)(14.4 m)18.7 m

Interest Paid

17 m5.2 m11.3 m17.5 m4.9 m9.7 m14.4 m

Income Taxes Paid

13.8 m41.5 m52 m1.5 m21.7 m27.7 m
USDY, 2017

Revenue/Employee

154.7 k

Financial Leverage

1.7 x

World Acceptance Corporation Operating Metrics

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

Total Loans Issued, units

918.25 k896.81 k909.93 k

Total Loans Issued

$1.11 b$1.15 b$1.16 b$1.22 b$1.07 b$1.09 b$1.1 b$1.17 b$1.06 b$1.11 b

Non-performing Loans

$51.13 m$48.5 m$56.81 m

    World Acceptance Corporation Market Value History

    Traffic Overview of World Acceptance Corporation

    World Acceptance Corporation Company Life and Culture

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