Trade World Acceptance - WRLD CFD

Trading Conditions
Spread1.08
Long position overnight fee
Long position overnight fee

Margin. Your investment
US$1,000.00
Overnight fee
Charges from full value of position
-0.026179 %
(-US$1.05)

Trade size with leverage ~ US$5,000.00

Short position overnight fee ~ US$4,000.00


-0.026179%
Short position overnight fee
Short position overnight fee

Margin. Your investment
US$1,000.00
Overnight fee
Charges from full value of position
0.003957 %
(US$0.16)

Trade size with leverage ~ US$5,000.00

Short position overnight fee ~ US$4,000.00


0.003957%
Overnight fee time21:00 (UTC)
CurrencyUSD
Min traded quantity1
Margin20
Stock exchangeUnited States of America
Commission on trade10%

Information_provided_by_capital
1Our charge for executing your trade is the spread, the difference between the buy and sell price. Please consult the Charges and Fees section of our website for further information

Key Stats
Prev. Close136.56
Open132.92
1-Year Change44.01%
Day's Range132.92 - 139.87

World Acceptance Company profile

About World Acceptance Corp.

World Acceptance Corporation is a small-loan consumer finance company. The Company is engaged in offering short-term small instalment loans, medium-term larger instalment loans, related credit insurance and ancillary products and services to individuals. The Company primarily serves individuals with limited access to other sources of consumer credit, such as banks, credit unions, other consumer finance businesses and credit card lenders. The Company also offers income tax return preparation services to its loan customers and other individuals. It offers instalment loans, generally between 250 and 3,500 dollars, with the average loan being 1,112 dollars. The Company operates approximately 1,205 branches in Alabama, Georgia, Idaho, Illinois, Indiana, Kentucky, Louisiana, Mississippi, Missouri, New Mexico, Oklahoma, South Carolina, Texas, Tennessee, Utah, and Wisconsin.

Financial summary

BRIEF: For the nine months ended 31 December 2021, World Acceptance Corp. revenues increased 10% to $416.1M. Net income decreased 18% to $35.5M. Revenues reflect Interest and fee income increase of 7% to $355.4M, Insurance commissions and other income increase of 33% to $60.6M. Net income was offset by Provision for credit losses increase from $54.9M to $128.8M (expense), Advertising increase of 9% to $15.9M (expense).

Equity composition

Common Stock no Par, 01/11, 95M auth., 15,837,140 issd. Insiders control approx. 1.81%. IPO 12/91, 3.2M shares @ $7 by Paine Webber. Public Offering 5/93, 2.3M shares (all by First Union) @ $14.50 by Paine Webber. 9/95, 3-for-1 stock split.