NASDAQ$WRLD

World Acceptance Corporation · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Reported an increase in revenue and net income compared to the same quarter of the prior year, driven by growth in loan portfolio and insurance income.

World Acceptance Corporation reported a 4.7% increase in total revenues to $129.7 million and a slight increase in net income to $15.8 million for the first quarter of fiscal year 2022. The company experienced significant loan growth and a decrease in net charge-off rate and delinquency compared to the same quarter of the prior year.

  • Loans outstanding increased by 14.5% year-over-year, reaching $1.22 billion.
  • Total revenues grew by 4.7% compared to the same quarter of the previous year, amounting to $129.7 million.
  • Net income saw a slight increase of $0.3 million, totaling $15.8 million.
  • Net charge-off rate and delinquency decreased significantly from the same quarter in the prior year.

Headline financials

Total Revenue

$130M

Previous: $124M+4.7%
EPS (adj)

$2.44

Previous: $2.24+8.9%
Branches Open (Period End)

1.2K

Previous: 1.2K-2.8%
Capital Expenditures

-$916K

Previous: -$2.38M+61.5%
Free Cash Flow

$48.6M

Previous: $49.5M-1.7%
Net Income

$15.8M

Previous: $15.5M+1.7%
Operating Income

$20.3M

Previous: $21M-3.6%
Gross Profit

$99.4M

Previous: $124M-19.8%
Cash & Equivalents

$8.39M

Previous: $9.96M-15.8%
Total Assets

$1.02B

Previous: $903M+13.4%
Stock-Based Comp

$4.18M

Previous: $4.58M-8.7%

Revenue & EPS history

World Acceptance · Revenue · Quarterly

$130M

Q1 2022+4.7%vs Q1 2021
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Revenue by segment

World Acceptance · $109M total across 1 segment · Q1 2022

  • Interest and Fee Income
    $109M

Forward guidance

This press release does not contain any forward guidance. It only discusses the results for the first quarter of fiscal year 2022.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

-1.6%

Avg return

Earnings day

-3.1%

Avg return

5 days after

+2.0%

Avg return

30 days after

47%

30 / 64 earnings

Positive

+29.7%

Q4 2017

Best reaction

-25.1%

Q2 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+0.7%-7.9%+7.8%
Q3 2026-17.5%-15.0%-2.2%
Q2 2026-3.9%-10.5%+9.3%
Q1 2026-0.9%-5.6%-4.1%
Q4 2025+3.4%-3.1%+13.8%
Q3 2025+16.3%+9.1%+3.2%
Q2 2025+1.6%+1.6%+2.7%
Q1 2025-16.1%-16.4%-19.9%
Q4 2024+0.3%-2.3%-7.4%
Q3 2024+16.5%+15.3%+5.0%
Q2 2024-13.7%-17.6%-6.4%
Q1 2024+10.4%+8.7%-1.8%
Q4 2023+14.1%+10.8%+22.3%
Q3 2023+27.3%+18.2%+15.9%
Q2 2023-25.1%-23.4%-30.6%
Q1 2023-5.6%-4.6%+0.8%
Q4 2022-14.8%-26.9%-32.7%
Q3 2022-5.3%-16.5%-10.6%
Q2 2022-24.0%-11.0%+3.9%
Q1 2022+9.1%+13.1%+13.8%
Q4 2021+1.0%+7.2%+14.6%
Q3 2021-7.4%+37.7%+0.7%
Q2 2021-9.9%-14.7%-1.5%
Q1 2021+4.5%+6.1%+32.7%
Q4 2020+6.5%-10.1%+35.3%
Q3 2020-2.0%-9.9%-11.5%
Q2 2020-20.8%-24.8%-28.2%
Q1 2020-24.1%-21.3%-17.9%
Q4 2019+7.3%+3.3%+4.2%
Q3 2019-8.4%-5.4%+11.1%
Q2 2019+7.1%+5.4%+7.3%
Q1 2019-9.8%-10.7%+6.1%
Q4 2018+4.0%+1.9%+6.6%
Q3 2018+15.1%+20.9%+13.8%
Q2 2018-12.0%-11.7%-4.5%
Q1 2018-1.9%+2.6%-1.3%
Q4 2017+29.7%+24.4%+30.6%
Q3 2017-19.6%-18.8%-10.9%
Q2 2017-3.1%+0.6%+24.3%
Q1 2017-21.0%-22.7%-15.4%
Q4 2016-4.3%
Q3 2016-23.3%
Q2 2016+2.4%
Q4 2015+13.6%
Q3 2015-4.4%
Q2 2015-1.8%
Q1 2015+5.1%
Q4 2012+0.5%
Q4 2014-9.8%
Q3 2014+9.6%
Q2 2014-5.0%
Q1 2014-2.5%
Q4 2013-0.6%
Q3 2013+1.0%
Q2 2013-3.0%
Q1 2013+2.8%
Q4 2010-1.2%
Q3 2011+2.6%
Q3 2012+2.6%
Q2 2011-1.1%
Q2 2012-1.1%
Q4 2011+2.7%
Q1 2011+2.7%
Q1 2012+2.7%

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