World Acceptance Corp (WRLD) 2021年年度报告「NASDAQ」.pdf

1、World Acceptance Corporation2021 Annual Report2021 Annual Report1 COMPANY PROFILE WORLD ACCEPTANCE CORPORATION(“World”),founded in 1962,is one of the largest small-loan consumer finance companies in the United States,helping over one million customers to unlock their“financial good”annually.Headquar

2、tered in Greenville,South Carolina,World offers the strength and technology of a national financial institution with the personal service of a local neighborhood branch.World emphasizes quality customer service and the building of strong personal relationships with its customers.As a result,a substa

3、ntial portion of Worlds new customers are from customer referrals.During fiscal 2021,World served 1.2 million customers and loaned$2.4 billion in 1.4 million transactions.Worlds loans are generally less than$4,000 with maturities of less than 42 months.Worlds average gross loan,including refinances,

4、made in fiscal 2021 was$1,696,and the average contractual maturity was approximately twelve months.As of June 18,2021,World operated 1,205 offices in Alabama,Georgia,Idaho,Illinois,Indiana,Kentucky,Louisiana,Mississippi,Missouri,New Mexico,Oklahoma,South Carolina,Tennessee,Texas,Utah,and Wisconsin.2

5、 TABLE OF CONTENTS Item No.Contents Page Financial Highlights 3 Message to Shareholders 4 PART I 1.Business 6 1A.Risk Factors 17 1B.Unresolved Staff Comments 31 2.Properties 31 3.Legal Proceedings 31 4.Mine Safety Disclosures 32 PART II 5.Market for Registrants Common Equity,Related Stockholder Matt

6、ers and Issuer Purchases of Equity Securities 32 6.Selected Financial Data 35 7.Managements Discussion and Analysis of Financial Condition and Results of Operations 35 7A.Quantitative and Qualitative Disclosures About Market Risk 44 8.Financial Statements and Supplementary Data 45 9.Changes in and D