World Acceptance Corporation Reports Fiscal 2027 Second Quarter Results
World Acceptance posted Q2 FY2027 net income of $8.8 million ($1.92 per diluted share), a $10.4 million swing from a $1.7 million loss a year earlier, on revenue of $139.2 million, up 3.2%. Profitability improved on a $3.8 million lower credit-loss provision, a 2.9% drop in G&A expenses to 50.2% of revenues, and 158 basis points of yield expansion; the company also repurchased 3.0% of its outstanding shares for roughly $25 million. Growth remains the weak spot: new-customer loan volume fell 18.1%, the customer base shrank 5.4% year-over-year, and net charge-offs ticked up to 17.6% of average net loans.
Key figures
- Eps
- 1.92
- Revenue
- $139.2 million
- Revenue Yoy
- 3.2%
- Roa ttm
- 4.6%
- Roe ttm
- 13.9%
- Branches
- 1009
- Net income
- 8800000
- Gross loans
- 1319000000
- Buyback value
- 25000000
- Buyback shares
- 133199
- Debt to equity
- 1.7:1
- Customer base change
- -5.4%
- Net charge off ratio
- 17.6%
- Refinance volume yoy
- +4.4%
- Six month net income
- 14900000
- Provision for credit losses
- 46000000
- New customer loan volume yoy
- -18.1%
- Ceo transition expense pre tax
- 4800000
- Six month adjusted eps non gaap
- 4.05
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.