Exhibit 99.1

 

World Omni Auto Receivables Trust 2022-B      
Monthly Servicer Certificate      
June 30, 2025      

 

Dates Covered                        
Collections Period     06/01/25 - 06/30/25                  
Interest Accrual Period     06/16/25 - 07/14/25                  
30/360 Days     30                  
Actual/360 Days     29                  
Distribution Date     07/15/25                  

 

Collateral Pool Balance Data  $ Amount   # of Accounts     
Pool Balance at 05/31/25   209,790,914.34    15,514      
Yield Supplement Overcollateralization Amount 05/31/25   9,913,931.98    0      
Receivables Balance 05/31/25   219,704,846.32    15,514      
Principal Payments   11,253,232.58    352      
Defaulted Receivables   382,938.23    23      
Repurchased Accounts   0.00    0      
Yield Supplement Overcollateralization Amount at 06/30/25   9,129,321.93    0      
Pool Balance at 06/30/25   198,939,353.58    15,139      
                
Pool Statistics   $ Amount    # of Accounts      
Pool Factor   19.20%          
Prepayment ABS Speed   1.13%          
Aggregate Starting Principal Balance   1,083,969,917.66    44,920      
                
Delinquent Receivables:               
Past Due 31-60 days   5,944,701.08    321      
Past Due 61-90 days   1,429,769.99    75      
Past Due 91-120 days   201,128.67    16      
Past Due 121+ days   0.00    0      
 Total   7,575,599.74    412      
                
Total 31+ Delinquent as % Aggregate Ending Principal Balance   3.64%          
Total 61+ Delinquent as % Aggregate Ending Principal Balance   0.78%          
Delinquency Trigger Occurred   NO           
                
Recoveries   274,005.89           
Aggregate Net Losses/(Gains) - June 2025   108,932.34           
Ratio of Net Loss/(Gain) to the Receivables Balance as of beginning of Collection Period (Annualized):           
Current Net Losses/(Gains) Ratio   0.59%          
Prior Net Losses/(Gains) Ratio   0.01%          
Second Prior Net Losses/(Gains) Ratio   -0.62%          
Third Prior Net Losses/(Gains) Ratio   0.64%          
Four Month Average   0.16%          
                
Cumulative Net Loss as a % of Aggregate Starting Principal Balance   0.57%          
                
Overcollateralization Target Amount   4,915,858.40           
Actual Overcollateralization   4,915,858.40           
Weighted Average Contract Rate   4.63%          
Weighted Average Contract Rate, Yield Adjusted   8.37%          
Weighted Average Remaining Term   30.19           
                
Flow of Funds   $ Amount           
Collections   12,375,571.15           
Investment Earnings on Cash Accounts   18,737.63           
Servicing Fee   (183,087.37)          
Transfer to Collection Account   -           
Available Funds   12,211,221.41           
                
Distributions of Available Funds               
    (1)  Asset Representation Reviewer Amounts (up to $150,000 per year)   -           
    (2)  Class A Interest   449,263.53           
    (3)  Noteholders' First Priority Principal Distributable Amount   -           
    (4)  Class B Interest   87,516.67           
    (5)  Noteholders' Second Priority Principal Distributable Amount   -           
    (6)  Class C Interest   44,987.50           
    (7)  Noteholders' Third Priority Principal Distributable Amount   5,935,702.36           
    (8)  Required Reserve Account   -           
    (9)  Noteholders' Principal Distributable Amount   4,915,858.40           
   (10)  Asset Representation Reviewer Amounts (in excess of 1)   -           
   (11)  Distribution to Certificateholders   777,892.95           
                
Total Distributions of Available Funds   12,211,221.41           
                
Servicing Fee   183,087.37           
Unpaid Servicing Fee   -           
Change in amount of the unpaid servicing fee from the prior period   -           

 

 

 

 

Note Balances & Note Factors   $ Amount           
Original Class A   938,920,000.00           
Original Class B   29,500,000.00           
Original Class C   14,750,000.00           
                
Total Class A, B, & C               
Note Balance @ 06/16/25   204,875,055.94           
Principal Paid   10,851,560.76           
Note Balance @ 07/15/25   194,023,495.18           
                
Class A-1               
Note Balance @ 06/16/25   0.00           
Principal Paid   0.00           
Note Balance @ 07/15/25   0.00           
Note Factor @ 07/15/25   0.0000000%          
                
Class A-2a               
Note Balance @ 06/16/25   0.00           
Principal Paid   0.00           
Note Balance @ 07/15/25   0.00           
Note Factor @ 07/15/25   0.0000000%          
                
Class A-2b               
Note Balance @ 06/16/25   0.00           
Principal Paid   0.00           
Note Balance @ 07/15/25   0.00           
Note Factor @ 07/15/25   0.0000000%          
                
Class A-3               
Note Balance @ 06/16/25   70,705,055.94           
Principal Paid   10,851,560.76           
Note Balance @ 07/15/25   59,853,495.18           
Note Factor @ 07/15/25   22.5013140%          
                
Class A-4               
Note Balance @ 06/16/25   89,920,000.00           
Principal Paid   0.00           
Note Balance @ 07/15/25   89,920,000.00           
Note Factor @ 07/15/25   100.0000000%          
                
Class B               
Note Balance @ 06/16/25   29,500,000.00           
Principal Paid   0.00           
Note Balance @ 07/15/25   29,500,000.00           
Note Factor @ 07/15/25   100.0000000%          
                
Class C               
Note Balance @ 06/16/25   14,750,000.00           
Principal Paid   0.00           
Note Balance @ 07/15/25   14,750,000.00           
Note Factor @ 07/15/25   100.0000000%          
                
Interest & Principal Payments   $ Amount           
Total Interest Paid   581,767.70           
Total Principal Paid   10,851,560.76           
Total Paid   11,433,328.46           
                
Class A-1               
Coupon   1.54800%          
Interest Paid   0.00           
Principal Paid   0.00           
Total Paid to A-1 Holders   0.00           
                
Class A-2a               
Coupon   2.77000%          
Interest Paid   0.00           
Principal Paid   0.00           
Total Paid to A-2a Holders   0.00           
                
Class A-2b               
One-Month SOFR   4.30385%          
Coupon   4.87385%          
Interest Paid   0.00           
Principal Paid   0.00           
Total Paid to A-2b Holders   0.00           
                
Class A-3               
Coupon   3.25000%          
Interest Paid   191,492.86           
Principal Paid   10,851,560.76           
Total Paid to A-3 Holders   11,043,053.62           
                
Class A-4               
Coupon   3.44000%          
Interest Paid   257,770.67           
Principal Paid   0.00           
Total Paid to A-4 Holders   257,770.67           
                
Class B               
Coupon   3.56000%          
Interest Paid   87,516.67           
Principal Paid   0.00           
Total Paid to B Holders   87,516.67           

 

 

 

 

Class C               
Coupon   3.66000%          
Interest Paid   44,987.50           
Principal Paid   0.00           
Total Paid to C Holders   44,987.50           
                
Distribution per $1,000 of Notes   Total            
Total Interest Distribution Amount   0.5917265           
Total Interest Carryover Shortfall   0.0000000           
Total Principal Distribution Amount   11.0373188           
Total Distribution Amount   11.6290453           
                
A-1 Interest Distribution Amount   0.0000000           
A-1 Interest Carryover Shortfall   0.0000000           
A-1 Principal Distribution Amount   0.0000000           
Total A-1 Distribution Amount   0.0000000           
                
A-2a  Interest Distribution Amount   0.0000000           
A-2a Interest Carryover Shortfall   0.0000000           
A-2a  Principal Distribution Amount   0.0000000           
Total A-2a  Distribution Amount   0.0000000           
                
A-2b Interest Distribution Amount   0.0000000           
A-2b Interest Carryover Shortfall   0.0000000           
A-2b  Principal Distribution Amount   0.0000000           
Total A-2b Distribution Amount   0.0000000           
                
A-3 Interest Distribution Amount   0.7198980           
A-3 Interest Carryover Shortfall   0.0000000           
A-3 Principal Distribution Amount   40.7953412           
Total A-3 Distribution Amount   41.5152392           
                
A-4 Interest Distribution Amount   2.8666667           
A-4 Interest Carryover Shortfall   0.0000000           
A-4 Principal Distribution Amount   0.0000000           
Total A-4 Distribution Amount   2.8666667           
                
B Interest Distribution Amount   2.9666668           
B Interest Carryover Shortfall   0.0000000           
B Principal Distribution Amount   0.0000000           
Total B Distribution Amount   2.9666668           
                
C Interest Distribution Amount   3.0500000           
C Interest Carryover Shortfall   0.0000000           
C Principal Distribution Amount   0.0000000           
Total C Distribution Amount   3.0500000           
                
Noteholders' First Priority Principal Distributable Amount   0.00           
Noteholders' Second Priority Principal Distributable Amount   0.00           
Noteholders' Third Priority Principal Distributable Amount   546.99           
Noteholders' Principal Distributable Amount   453.01           
                
Account Balances   $ Amount           
Reserve Account               
Balance as of 06/16/25   4,915,858.40           
Investment Earnings   17,178.38           
Investment Earnings Paid   (17,178.38)          
Deposit/(Withdrawal)   -           
Balance as of 07/15/25   4,915,858.40           
Change   -           
                
Required Reserve Amount   4,915,858.40           
                
Other Servicing Information   Current Month    Prior Month    Two Months Prior 
Principal Balance of Receivables extended during the Collection Period  $1,596,192.84   $1,428,175.52    1,784,470.18 
Number of Extensions   86    79    90 
Ratio of extensions to Beginning of Period Receivables Balance   0.73%   0.62%   0.73%