World Acceptance Corp
NASDAQ:WRLD
Income Statement
Earnings Waterfall
World Acceptance Corp
Revenue
|
575.1m
USD
|
Cost of Revenue
|
-49.9m
USD
|
Gross Profit
|
525.3m
USD
|
Operating Expenses
|
-439m
USD
|
Operating Income
|
86.2m
USD
|
Other Expenses
|
-18.4m
USD
|
Net Income
|
67.9m
USD
|
Income Statement
World Acceptance Corp
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
618
N/A
|
599
-3%
|
600
+0%
|
598
0%
|
586
-2%
|
610
+4%
|
588
-4%
|
576
-2%
|
567
-2%
|
558
-2%
|
547
-2%
|
540
-1%
|
531
-2%
|
491
-8%
|
521
+6%
|
511
-2%
|
506
-1%
|
503
-1%
|
509
+1%
|
517
+2%
|
529
+2%
|
545
+3%
|
560
+3%
|
575
+3%
|
584
+2%
|
590
+1%
|
575
-2%
|
558
-3%
|
542
-3%
|
526
-3%
|
531
+1%
|
545
+3%
|
562
+3%
|
582
+4%
|
611
+5%
|
624
+2%
|
622
0%
|
617
-1%
|
598
-3%
|
584
-2%
|
575
-1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(21)
|
(21)
|
(22)
|
(23)
|
(23)
|
(23)
|
(23)
|
(25)
|
(26)
|
(27)
|
(27)
|
(25)
|
(23)
|
(22)
|
(20)
|
(19)
|
(19)
|
(19)
|
(19)
|
(19)
|
(18)
|
(18)
|
(18)
|
(20)
|
(23)
|
(26)
|
(27)
|
(27)
|
(27)
|
(26)
|
(26)
|
(26)
|
(29)
|
(33)
|
(39)
|
(45)
|
(49)
|
(51)
|
(52)
|
(52)
|
(50)
|
|
Gross Profit |
597
N/A
|
578
-3%
|
578
0%
|
575
0%
|
563
-2%
|
587
+4%
|
565
-4%
|
552
-2%
|
541
-2%
|
531
-2%
|
520
-2%
|
515
-1%
|
508
-1%
|
469
-8%
|
501
+7%
|
491
-2%
|
487
-1%
|
484
-1%
|
490
+1%
|
499
+2%
|
511
+2%
|
527
+3%
|
542
+3%
|
554
+2%
|
561
+1%
|
564
+1%
|
548
-3%
|
532
-3%
|
515
-3%
|
500
-3%
|
506
+1%
|
518
+2%
|
533
+3%
|
549
+3%
|
572
+4%
|
579
+1%
|
573
-1%
|
566
-1%
|
546
-3%
|
532
-3%
|
525
-1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(429)
|
(408)
|
(408)
|
(406)
|
(401)
|
(411)
|
(387)
|
(380)
|
(373)
|
(393)
|
(394)
|
(392)
|
(396)
|
(363)
|
(395)
|
(392)
|
(386)
|
(387)
|
(391)
|
(401)
|
(422)
|
(437)
|
(462)
|
(488)
|
(508)
|
(529)
|
(499)
|
(474)
|
(435)
|
(388)
|
(395)
|
(410)
|
(434)
|
(483)
|
(537)
|
(559)
|
(554)
|
(539)
|
(494)
|
(459)
|
(439)
|
|
Selling, General & Administrative |
(299)
|
(280)
|
(278)
|
(278)
|
(277)
|
(291)
|
(272)
|
(264)
|
(260)
|
(269)
|
(264)
|
(264)
|
(264)
|
(244)
|
(270)
|
(270)
|
(263)
|
(268)
|
(270)
|
(272)
|
(284)
|
(287)
|
(300)
|
(313)
|
(325)
|
(343)
|
(332)
|
(329)
|
(316)
|
(297)
|
(299)
|
(298)
|
(295)
|
(292)
|
(291)
|
(285)
|
(278)
|
(275)
|
(269)
|
(262)
|
(262)
|
|
Depreciation & Amortization |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(4)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
(4)
|
(4)
|
|
Other Operating Expenses |
(129)
|
(127)
|
(129)
|
(127)
|
(124)
|
(119)
|
(114)
|
(116)
|
(113)
|
(124)
|
(129)
|
(128)
|
(132)
|
(119)
|
(124)
|
(121)
|
(122)
|
(118)
|
(121)
|
(128)
|
(137)
|
(148)
|
(159)
|
(172)
|
(178)
|
(182)
|
(162)
|
(139)
|
(113)
|
(86)
|
(91)
|
(107)
|
(134)
|
(186)
|
(242)
|
(268)
|
(271)
|
(260)
|
(220)
|
(192)
|
(173)
|
|
Operating Income |
168
N/A
|
170
+1%
|
170
0%
|
170
0%
|
162
-5%
|
176
+9%
|
178
+1%
|
172
-3%
|
168
-2%
|
138
-18%
|
126
-8%
|
123
-3%
|
112
-9%
|
106
-5%
|
106
N/A
|
100
-6%
|
101
+1%
|
97
-4%
|
99
+2%
|
98
-1%
|
89
-8%
|
90
+1%
|
81
-10%
|
67
-17%
|
54
-19%
|
35
-35%
|
49
+40%
|
58
+18%
|
81
+39%
|
111
+38%
|
111
0%
|
108
-3%
|
99
-9%
|
66
-33%
|
34
-48%
|
20
-41%
|
19
-6%
|
27
+44%
|
53
+95%
|
74
+39%
|
86
+17%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
|
Pre-Tax Income |
168
N/A
|
170
+1%
|
170
0%
|
170
0%
|
162
-5%
|
176
+9%
|
178
+1%
|
172
-3%
|
168
-2%
|
138
-18%
|
126
-8%
|
123
-3%
|
112
-9%
|
106
-5%
|
106
N/A
|
100
-6%
|
101
+1%
|
97
-4%
|
99
+2%
|
98
-1%
|
89
-8%
|
90
+1%
|
81
-10%
|
67
-17%
|
54
-19%
|
35
-35%
|
44
+27%
|
58
+30%
|
81
+39%
|
111
+38%
|
111
0%
|
108
-3%
|
99
-9%
|
66
-33%
|
34
-48%
|
20
-41%
|
19
-6%
|
27
+44%
|
53
+97%
|
74
+39%
|
87
+18%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(62)
|
(64)
|
(64)
|
(64)
|
(60)
|
(65)
|
(66)
|
(62)
|
(62)
|
(51)
|
(46)
|
(46)
|
(40)
|
(38)
|
(38)
|
(35)
|
(35)
|
(32)
|
(30)
|
(27)
|
(23)
|
(17)
|
(15)
|
(12)
|
(12)
|
(7)
|
(12)
|
(14)
|
(16)
|
(23)
|
(22)
|
(20)
|
(18)
|
(12)
|
(5)
|
(4)
|
(4)
|
(6)
|
(13)
|
(17)
|
(19)
|
|
Income from Continuing Operations |
106
|
107
|
106
|
106
|
101
|
111
|
112
|
110
|
106
|
87
|
80
|
77
|
72
|
68
|
68
|
65
|
66
|
65
|
69
|
71
|
67
|
73
|
66
|
55
|
42
|
28
|
33
|
44
|
65
|
88
|
89
|
88
|
80
|
54
|
30
|
17
|
15
|
21
|
40
|
57
|
68
|
|
Net Income (Common) |
106
N/A
|
107
+1%
|
106
0%
|
106
0%
|
101
-4%
|
111
+9%
|
112
+1%
|
110
-2%
|
106
-3%
|
87
-18%
|
80
-8%
|
77
-5%
|
72
-7%
|
74
+3%
|
70
-5%
|
64
-8%
|
57
-12%
|
54
-5%
|
19
-64%
|
24
+25%
|
28
+19%
|
37
+31%
|
67
+81%
|
55
-18%
|
43
-23%
|
28
-34%
|
33
+17%
|
44
+33%
|
65
+47%
|
88
+37%
|
89
+0%
|
88
-1%
|
80
-8%
|
54
-33%
|
30
-45%
|
17
-44%
|
15
-9%
|
21
+41%
|
40
+90%
|
57
+41%
|
68
+19%
|
|
EPS (Diluted) |
9.1
N/A
|
9.6
+5%
|
10.94
+14%
|
11.38
+4%
|
11.02
-3%
|
11.9
+8%
|
12.86
+8%
|
12.76
-1%
|
12.19
-4%
|
10.05
-18%
|
9.13
-9%
|
8.71
-5%
|
8.12
-7%
|
8.36
+3%
|
7.96
-5%
|
7.23
-9%
|
6.34
-12%
|
5.96
-6%
|
2.09
-65%
|
2.55
+22%
|
3.05
+20%
|
4.04
+32%
|
7.56
+87%
|
6.74
-11%
|
5.93
-12%
|
3.54
-40%
|
4.76
+34%
|
6.34
+33%
|
9.93
+57%
|
13.17
+33%
|
13.63
+3%
|
13.68
+0%
|
12.56
-8%
|
8.42
-33%
|
5.17
-39%
|
2.89
-44%
|
2.54
-12%
|
3.6
+42%
|
6.83
+90%
|
9.66
+41%
|
11.58
+20%
|