World Acceptance Corp (WRLD) 2023年年度报告「NASDAQ」.pdf

1、11 COMPANY PROFILE WORLD ACCEPTANCE CORPORATION(“World”),which has continuously operated since 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.Worldworks with its customers to help improv

2、e financial wellness,celebrating the hundreds of thousands of customers who are able to improve their credit each year.Headquartered in Greenville,South Carolina,World offers the strength and technology of a national financial institution with personalized assistance through its local neighborhood b

3、ranch network of over 1,000 branches.World is proudly rooted in the communities it serves and sets itself apart as a true financial partner,offering an ever-expanding menu of customer-focused services and a commitment to teamwork,community,and care.World emphasizes quality service and building stron

4、g personal relationships with its customers.As a result,a substantial portion of Worlds new customers are from customer referrals.Worlds loans are generally under$6,000(avg.$2,359)with maturities of less than 27 months(avg.20 months).As of July 5,2023,World operates 1,055 offices in Alabama,Georgia,

5、Idaho,Illinois,Indiana,Kentucky,Louisiana,Mississippi,Missouri,New Mexico,Oklahoma,South Carolina,Tennessee,Texas,Utah,and Wisconsin.(THIS PAGE INTENTIONALLY LEFT BLANK)2 TABLE OF CONTENTS Item No.Contents Page PART I 1.Business 5 1A.Risk Factors 16 1B.Unresolved Staff Comments 32 2.Properties 32 3.

6、Legal Proceedings 32 4.Mine Safety Disclosures 33 PART II 5.Market for Registrants Common Equity,Related Stockholder Matters and Issuer Purchases of Equity Securities 33 6.Reserved 36 7.Managements Discussion and Analysis of Financial Condition and Results of Operations 36 7A.Quantitative and Qualit