Exhibit 99.1
| World Omni Auto Receivables Trust 2024-C | ||||||||||
| 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 | 810,604,664.12 | 35,345 | ||||||||
| Yield Supplement Overcollateralization Amount 05/31/25 | 58,984,308.07 | 0 | ||||||||
| Receivables Balance 05/31/25 | 869,588,972.19 | 35,345 | ||||||||
| Principal Payments | 33,980,640.65 | 819 | ||||||||
| Defaulted Receivables | 1,944,330.98 | 61 | ||||||||
| Repurchased Accounts | 0.00 | 0 | ||||||||
| Yield Supplement Overcollateralization Amount at 06/30/25 | 55,806,466.82 | 0 | ||||||||
| Pool Balance at 06/30/25 | 777,857,533.74 | 34,465 | ||||||||
| Pool Statistics | $ Amount | # of Accounts | ||||||||
| Pool Factor | 63.51 | % | ||||||||
| Prepayment ABS Speed | 1.80 | % | ||||||||
| Aggregate Starting Principal Balance | 1,312,595,946.50 | 46,537 | ||||||||
| Delinquent Receivables: | ||||||||||
| Past Due 31-60 days | 10,194,168.37 | 342 | ||||||||
| Past Due 61-90 days | 3,126,970.65 | 98 | ||||||||
| Past Due 91-120 days | 569,324.17 | 24 | ||||||||
| Past Due 121+ days | 0.00 | 0 | ||||||||
| Total | 13,890,463.19 | 464 | ||||||||
| Total 31+ Delinquent as % Aggregate Ending Principal Balance | 1.67 | % | ||||||||
| Total 61+ Delinquent as % Aggregate Ending Principal Balance | 0.44 | % | ||||||||
| Delinquency Trigger Occurred | NO | |||||||||
| Recoveries | 1,090,973.48 | |||||||||
| Aggregate Net Losses/(Gains) - June 2025 | 853,357.50 | |||||||||
| Ratio of Net Loss/(Gain) to the Receivables Balance as of beginning of Collection Period (Annualized): | ||||||||||
| Current Net Losses/(Gains) Ratio | 1.18 | % | ||||||||
| Prior Net Losses/(Gains) Ratio | 0.69 | % | ||||||||
| Second Prior Net Losses/(Gains) Ratio | 0.04 | % | ||||||||
| Third Prior Net Losses/(Gains) Ratio | 0.59 | % | ||||||||
| Four Month Average | 0.63 | % | ||||||||
| Cumulative Net Loss as a % of Aggregate Starting Principal Balance | 0.44 | % | ||||||||
| Overcollateralization Target Amount | 7,000,717.80 | |||||||||
| Actual Overcollateralization | 7,000,717.80 | |||||||||
| Weighted Average Contract Rate | 6.73 | % | ||||||||
| Weighted Average Contract Rate, Yield Adjusted | 10.27 | % | ||||||||
| Weighted Average Remaining Term | 52.80 | |||||||||
| Flow of Funds | $ Amount | |||||||||
| Collections | 39,921,119.15 | |||||||||
| Investment Earnings on Cash Accounts | 15,631.24 | |||||||||
| Servicing Fee | (724,657.48 | ) | ||||||||
| Transfer to Collection Account | - | |||||||||
| Available Funds | 39,212,092.91 | |||||||||
| Distributions of Available Funds | ||||||||||
| (1) Asset Representation Reviewer Amounts (up to $150,000 per year) | - | |||||||||
| (2) Class A Interest | 2,825,501.58 | |||||||||
| (3) Noteholders' First Priority Principal Distributable Amount | - | |||||||||
| (4) Class B Interest | 141,648.00 | |||||||||
| (5) Noteholders' Second Priority Principal Distributable Amount | 7,291,688.40 | |||||||||
| (6) Class C Interest | 73,094.00 | |||||||||
| (7) Noteholders' Third Priority Principal Distributable Amount | 18,160,000.00 | |||||||||
| (8) Required Reserve Account | - | |||||||||
| (9) Noteholders' Principal Distributable Amount | 7,000,717.80 | |||||||||
| (10) Asset Representation Reviewer Amounts (in excess of 1) | - | |||||||||
| (11) Distribution to Certificateholders | 3,719,443.13 | |||||||||
| Total Distributions of Available Funds | 39,212,092.91 | |||||||||
| Servicing Fee | 724,657.48 | |||||||||
| Unpaid Servicing Fee | - | |||||||||
| Change in amount of the unpaid servicing fee from the prior period | - |
| Note Balances & Note Factors | $ Amount | |||||||||
| Original Class A | 1,156,070,000.00 | |||||||||
| Original Class B | 36,320,000.00 | |||||||||
| Original Class C | 18,160,000.00 | |||||||||
| Total Class A, B, & C | ||||||||||
| Note Balance @ 06/16/25 | 803,309,222.14 | |||||||||
| Principal Paid | 32,452,406.20 | |||||||||
| Note Balance @ 07/15/25 | 770,856,815.94 | |||||||||
| 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 | 121,999,666.15 | |||||||||
| Principal Paid | 13,928,071.33 | |||||||||
| Note Balance @ 07/15/25 | 108,071,594.82 | |||||||||
| Note Factor @ 07/15/25 | 54.0357974 | % | ||||||||
| Class A-2b | ||||||||||
| Note Balance @ 06/16/25 | 162,259,555.99 | |||||||||
| Principal Paid | 18,524,334.87 | |||||||||
| Note Balance @ 07/15/25 | 143,735,221.12 | |||||||||
| Note Factor @ 07/15/25 | 54.0357974 | % | ||||||||
| Class A-3 | ||||||||||
| Note Balance @ 06/16/25 | 403,000,000.00 | |||||||||
| Principal Paid | 0.00 | |||||||||
| Note Balance @ 07/15/25 | 403,000,000.00 | |||||||||
| Note Factor @ 07/15/25 | 100.0000000 | % | ||||||||
| Class A-4 | ||||||||||
| Note Balance @ 06/16/25 | 61,570,000.00 | |||||||||
| Principal Paid | 0.00 | |||||||||
| Note Balance @ 07/15/25 | 61,570,000.00 | |||||||||
| Note Factor @ 07/15/25 | 100.0000000 | % | ||||||||
| Class B | ||||||||||
| Note Balance @ 06/16/25 | 36,320,000.00 | |||||||||
| Principal Paid | 0.00 | |||||||||
| Note Balance @ 07/15/25 | 36,320,000.00 | |||||||||
| Note Factor @ 07/15/25 | 100.0000000 | % | ||||||||
| Class C | ||||||||||
| Note Balance @ 06/16/25 | 18,160,000.00 | |||||||||
| Principal Paid | 0.00 | |||||||||
| Note Balance @ 07/15/25 | 18,160,000.00 | |||||||||
| Note Factor @ 07/15/25 | 100.0000000 | % | ||||||||
| Interest & Principal Payments | $ Amount | |||||||||
| Total Interest Paid | 3,040,243.58 | |||||||||
| Total Principal Paid | 32,452,406.20 | |||||||||
| Total Paid | 35,492,649.78 | |||||||||
| Class A-1 | ||||||||||
| Coupon | 5.36900 | % | ||||||||
| Interest Paid | 0.00 | |||||||||
| Principal Paid | 0.00 | |||||||||
| Total Paid to A-1 Holders | 0.00 | |||||||||
| Class A-2a | ||||||||||
| Coupon | 4.78000 | % | ||||||||
| Interest Paid | 485,965.34 | |||||||||
| Principal Paid | 13,928,071.33 | |||||||||
| Total Paid to A-2a Holders | 14,414,036.67 | |||||||||
| Class A-2b | ||||||||||
| SOFR Rate | 4.30385 | % | ||||||||
| Coupon | 4.77385 | % | ||||||||
| Interest Paid | 623,985.57 | |||||||||
| Principal Paid | 18,524,334.87 | |||||||||
| Total Paid to A-2b Holders | 19,148,320.44 | |||||||||
| Class A-3 | ||||||||||
| Coupon | 4.43000 | % | ||||||||
| Interest Paid | 1,487,741.67 | |||||||||
| Principal Paid | 0.00 | |||||||||
| Total Paid to A-3 Holders | 1,487,741.67 | |||||||||
| Class A-4 | ||||||||||
| Coupon | 4.44000 | % | ||||||||
| Interest Paid | 227,809.00 | |||||||||
| Principal Paid | 0.00 | |||||||||
| Total Paid to A-4 Holders | 227,809.00 | |||||||||
| Class B | ||||||||||
| Coupon | 4.68000 | % | ||||||||
| Interest Paid | 141,648.00 | |||||||||
| Principal Paid | 0.00 | |||||||||
| Total Paid to B Holders | 141,648.00 |
| Class C | ||||||||||
| Coupon | 4.83000 | % | ||||||||
| Interest Paid | 73,094.00 | |||||||||
| Principal Paid | 0.00 | |||||||||
| Total Paid to C Holders | 73,094.00 | |||||||||
| Distribution per $1,000 of Notes | Total | |||||||||
| Total Interest Distribution Amount | 2.5114564 | |||||||||
| Total Interest Carryover Shortfall | 0.0000000 | |||||||||
| Total Principal Distribution Amount | 26.8079850 | |||||||||
| Total Distribution Amount | 29.3194414 | |||||||||
| 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 | 2.4298267 | |||||||||
| A-2a Interest Carryover Shortfall | 0.0000000 | |||||||||
| A-2a Principal Distribution Amount | 69.6403567 | |||||||||
| Total A-2a Distribution Amount | 72.0701834 | |||||||||
| A-2b Interest Distribution Amount | 2.3458104 | |||||||||
| A-2b Interest Carryover Shortfall | 0.0000000 | |||||||||
| A-2b Principal Distribution Amount | 69.6403567 | |||||||||
| Total A-2b Distribution Amount | 71.9861671 | |||||||||
| A-3 Interest Distribution Amount | 3.6916667 | |||||||||
| A-3 Interest Carryover Shortfall | 0.0000000 | |||||||||
| A-3 Principal Distribution Amount | 0.0000000 | |||||||||
| Total A-3 Distribution Amount | 3.6916667 | |||||||||
| A-4 Interest Distribution Amount | 3.7000000 | |||||||||
| A-4 Interest Carryover Shortfall | 0.0000000 | |||||||||
| A-4 Principal Distribution Amount | 0.0000000 | |||||||||
| Total A-4 Distribution Amount | 3.7000000 | |||||||||
| B Interest Distribution Amount | 3.9000000 | |||||||||
| B Interest Carryover Shortfall | 0.0000000 | |||||||||
| B Principal Distribution Amount | 0.0000000 | |||||||||
| Total B Distribution Amount | 3.9000000 | |||||||||
| C Interest Distribution Amount | 4.0250000 | |||||||||
| C Interest Carryover Shortfall | 0.0000000 | |||||||||
| C Principal Distribution Amount | 0.0000000 | |||||||||
| Total C Distribution Amount | 4.0250000 | |||||||||
| Noteholders' First Priority Principal Distributable Amount | 0.00 | |||||||||
| Noteholders' Second Priority Principal Distributable Amount | 224.69 | |||||||||
| Noteholders' Third Priority Principal Distributable Amount | 559.59 | |||||||||
| Noteholders' Principal Distributable Amount | 215.72 | |||||||||
| Account Balances | $ Amount | |||||||||
| Reserve Account | ||||||||||
| Balance as of 06/16/25 | 3,026,385.22 | |||||||||
| Investment Earnings | 10,575.65 | |||||||||
| Investment Earnings Paid | (10,575.65 | ) | ||||||||
| Deposit/(Withdrawal) | - | |||||||||
| Balance as of 07/15/25 | 3,026,385.22 | |||||||||
| Change | - | |||||||||
| Required Reserve Amount | 3,026,385.22 |