World Acceptance Corporation has reported its financial results for the fiscal year ending March 31, 2025. The company achieved a net income of $89.7 million, marking a 16.0% increase from the $77.3 million recorded in fiscal 2024. This growth in net income was primarily driven by an expansion in the company's tax preparation business, which generated revenues of approximately $37.2 million in fiscal 2025, up 26.0% from $29.5 million in the previous fiscal year. The company has also focused on growing its outstanding loans receivable, which increased at an annual compounded rate of 2.63% from $1.10 billion in 2021 to $1.23 billion by the end of fiscal 2025. World Acceptance Corporation attributes this growth to successful acquisitions, improved marketing processes, and enhanced analytics. The company plans to continue its expansion by opening new branches and pursuing acquisition opportunities as they arise. Additionally, the company prepared roughly 82,000 income tax returns in fiscal 2025, in line with 83,000 returns in 2024 and 75,000 returns in 2023, reflecting a steady demand for its tax preparation services across most branches.
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