Exhibit 99.1
World Omni Auto Receivables Trust 2025-C | ||
Monthly Servicer Certificate | ||
August 31, 2025 |
Dates Covered | |||||||||
Collections Period | 07/11/25 - 08/31/25 | ||||||||
Interest Accrual Period | 08/13/25 - 09/14/25 | ||||||||
30/360 Days | 32 | ||||||||
Actual/360 Days | 33 | ||||||||
Distribution Date | 09/15/25 |
Collateral Pool Balance Data | $ Amount | # of Accounts | |||||||
Original Pool Balance | 1,218,522,276.88 | 45,742 | |||||||
Original Yield Supplement Overcollateralization Amount | 84,412,635.98 | 0 | |||||||
Aggregate Starting Principal Balance | 1,302,934,912.86 | 45,742 | |||||||
Principal Payments | 69,962,902.14 | 1,385 | |||||||
Defaulted Receivables | 419,149.95 | 8 | |||||||
Repurchased Accounts | 0.00 | 0 | |||||||
Yield Supplement Overcollateralization Amount at 08/31/25 | 78,401,942.11 | 0 | |||||||
Pool Balance at 08/31/25 | 1,154,150,918.66 | 44,349 |
Pool Statistics | $ Amount | # of Accounts | |||||||
Pool Factor | 94.60 | % | |||||||
Prepayment ABS Speed | 1.28 | % | |||||||
Aggregate Starting Principal Balance | 1,302,934,912.86 | 45,742 |
Delinquent Receivables: | |||||||||
Past Due 31-60 days | 7,114,277.38 | 286 | |||||||
Past Due 61-90 days | 1,622,610.69 | 49 | |||||||
Past Due 91-120 days | 0.00 | 0 | |||||||
Past Due 121+ days | 0.00 | 0 | |||||||
Total | 8,736,888.07 | 335 | |||||||
Total 31+ Delinquent as % Aggregate Ending Principal Balance | 0.71 | % | |||||||
Total 61+ Delinquent as % Aggregate Ending Principal Balance | 0.13 | % | |||||||
Delinquency Trigger Occurred | NO | ||||||||
Recoveries | 268,134.77 | ||||||||
Aggregate Net Losses/(Gains) - August 2025 | 151,015.18 | ||||||||
Ratio of Net Loss/(Gain) to the Receivables Balance as of beginning of Collection Period (Annualized): | |||||||||
Current Net Losses/(Gains) Ratio | 0.14 | % | |||||||
Prior Net Losses/(Gains) Ratio | N/A | ||||||||
Second Prior Net Losses/(Gains) Ratio | N/A | ||||||||
Third Prior Net Losses/(Gains) Ratio | N/A | ||||||||
Four Month Average | N/A |
Cumulative Net Loss as a % of Aggregate Starting Principal Balance | 0.01 | % | |||||||
Overcollateralization Target Amount | 10,387,358.27 | ||||||||
Actual Overcollateralization | 10,387,358.27 | ||||||||
Weighted Average Contract Rate | 6.32 | % | |||||||
Weighted Average Contract Rate, Yield Adjusted | 9.34 | % | |||||||
Weighted Average Remaining Term | 60.48 |
Flow of Funds | $ Amount | ||||||||
Collections | 81,271,403.81 | ||||||||
Investment Earnings on Cash Accounts | 6,720.58 | ||||||||
Servicing Fee | (1,809,631.82 | ) | |||||||
Transfer to Collection Account | - | ||||||||
Available Funds | 79,468,492.57 |
Distributions of Available Funds | |||||||||
(1) Asset Representation Reviewer Amounts (up to $150,000 per year) | - | ||||||||
(2) Class A Interest | 4,466,341.49 | ||||||||
(3) Noteholders' First Priority Principal Distributable Amount | 9,559,081.34 | ||||||||
(4) Class B Interest | 143,443.73 | ||||||||
(5) Noteholders' Second Priority Principal Distributable Amount | 36,510,000.00 | ||||||||
(6) Class C Interest | 75,152.00 | ||||||||
(7) Noteholders' Third Priority Principal Distributable Amount | 18,300,000.00 | ||||||||
(8) Required Reserve Account | - | ||||||||
(9) Noteholders' Principal Distributable Amount | 10,387,358.27 | ||||||||
(10) Asset Representation Reviewer Amounts (in excess of 1) | - | ||||||||
(11) Distribution to Certificateholders | 27,115.74 | ||||||||
Total Distributions of Available Funds | 79,468,492.57 | ||||||||
Servicing Fee | 1,809,631.82 | ||||||||
Unpaid Servicing Fee | - | ||||||||
Change in amount of the unpaid servicing fee from the prior period | - |
Note Balances & Note Factors | $ Amount | ||||||||
Original Class A | 1,163,710,000.00 | ||||||||
Original Class B | 36,510,000.00 | ||||||||
Original Class C | 18,300,000.00 | ||||||||
Total Class A, B, & C | |||||||||
Original Note Balance | 1,218,520,000.00 | ||||||||
Principal Paid | 74,756,439.61 | ||||||||
Note Balance @ 09/15/25 | 1,143,763,560.39 | ||||||||
Class A-1 | |||||||||
Original Note Balance | 245,900,000.00 | ||||||||
Principal Paid | 74,756,439.61 | ||||||||
Note Balance @ 09/15/25 | 171,143,560.39 | ||||||||
Note Factor @ 09/15/25 | 69.5988452 | % | |||||||
Class A-2a | |||||||||
Original Note Balance | 233,000,000.00 | ||||||||
Principal Paid | 0.00 | ||||||||
Note Balance @ 09/15/25 | 233,000,000.00 | ||||||||
Note Factor @ 09/15/25 | 100.0000000 | % | |||||||
Class A-2b | |||||||||
Original Note Balance | 185,000,000.00 | ||||||||
Principal Paid | 0.00 | ||||||||
Note Balance @ 09/15/25 | 185,000,000.00 | ||||||||
Note Factor @ 09/15/25 | 100.0000000 | % | |||||||
Class A-3 | |||||||||
Original Note Balance | 418,000,000.00 | ||||||||
Principal Paid | 0.00 | ||||||||
Note Balance @ 09/15/25 | 418,000,000.00 | ||||||||
Note Factor @ 09/15/25 | 100.0000000 | % | |||||||
Class A-4 | |||||||||
Original Note Balance | 81,810,000.00 | ||||||||
Principal Paid | 0.00 | ||||||||
Note Balance @ 09/15/25 | 81,810,000.00 | ||||||||
Note Factor @ 09/15/25 | 100.0000000 | % | |||||||
Class B | |||||||||
Original Note Balance | 36,510,000.00 | ||||||||
Principal Paid | 0.00 | ||||||||
Note Balance @ 09/15/25 | 36,510,000.00 | ||||||||
Note Factor @ 09/15/25 | 100.0000000 | % | |||||||
Class C | |||||||||
Original Note Balance | 18,300,000.00 | ||||||||
Principal Paid | 0.00 | ||||||||
Note Balance @ 09/15/25 | 18,300,000.00 | ||||||||
Note Factor @ 09/15/25 | 100.0000000 | % |
Interest & Principal Payments | $ Amount | ||||||||
Total Interest Paid | 4,684,937.22 | ||||||||
Total Principal Paid | 74,756,439.61 | ||||||||
Total Paid | 79,441,376.83 | ||||||||
Class A-1 | |||||||||
Coupon | 4.35900 | % | |||||||
Interest Paid | 982,554.93 | ||||||||
Principal Paid | 74,756,439.61 | ||||||||
Total Paid to A-1 Holders | 75,738,994.54 | ||||||||
Class A-2a | |||||||||
Coupon | 4.19000 | % | |||||||
Interest Paid | 867,795.56 | ||||||||
Principal Paid | 0.00 | ||||||||
Total Paid to A-2a Holders | 867,795.56 | ||||||||
Class A-2b | |||||||||
SOFR Rate | 4.34001 | % | |||||||
Coupon | 4.69001 | % | |||||||
Interest Paid | 795,347.53 | ||||||||
Principal Paid | 0.00 | ||||||||
Total Paid to A-2b Holders | 795,347.53 | ||||||||
Class A-3 | |||||||||
Coupon | 4.08000 | % | |||||||
Interest Paid | 1,515,946.67 | ||||||||
Principal Paid | 0.00 | ||||||||
Total Paid to A-3 Holders | 1,515,946.67 | ||||||||
Class A-4 | |||||||||
Coupon | 4.19000 | % | |||||||
Interest Paid | 304,696.80 | ||||||||
Principal Paid | 0.00 | ||||||||
Total Paid to A-4 Holders | 304,696.80 | ||||||||
Class B | |||||||||
Coupon | 4.42000 | % | |||||||
Interest Paid | 143,443.73 | ||||||||
Principal Paid | 0.00 | ||||||||
Total Paid to B Holders | 143,443.73 |
Class C | |||||||||
Coupon | 4.62000 | % | |||||||
Interest Paid | 75,152.00 | ||||||||
Principal Paid | 0.00 | ||||||||
Total Paid to C Holders | 75,152.00 |
Distribution per $1,000 of Notes | Total | ||||||||
Total Interest Distribution Amount | 3.8447766 | ||||||||
Total Interest Carryover Shortfall | 0.0000000 | ||||||||
Total Principal Distribution Amount | 61.3501950 | ||||||||
Total Distribution Amount | 65.1949716 | ||||||||
A-1 Interest Distribution Amount | 3.9957500 | ||||||||
A-1 Interest Carryover Shortfall | 0.0000000 | ||||||||
A-1 Principal Distribution Amount | 304.0115478 | ||||||||
Total A-1 Distribution Amount | 308.0072978 | ||||||||
A-2a Interest Distribution Amount | 3.7244445 | ||||||||
A-2a Interest Carryover Shortfall | 0.0000000 | ||||||||
A-2a Principal Distribution Amount | 0.0000000 | ||||||||
Total A-2a Distribution Amount | 3.7244445 | ||||||||
A-2b Interest Distribution Amount | 4.2991758 | ||||||||
A-2b Interest Carryover Shortfall | 0.0000000 | ||||||||
A-2b Principal Distribution Amount | 0.0000000 | ||||||||
Total A-2b Distribution Amount | 4.2991758 | ||||||||
A-3 Interest Distribution Amount | 3.6266667 | ||||||||
A-3 Interest Carryover Shortfall | 0.0000000 | ||||||||
A-3 Principal Distribution Amount | 0.0000000 | ||||||||
Total A-3 Distribution Amount | 3.6266667 | ||||||||
A-4 Interest Distribution Amount | 3.7244444 | ||||||||
A-4 Interest Carryover Shortfall | 0.0000000 | ||||||||
A-4 Principal Distribution Amount | 0.0000000 | ||||||||
Total A-4 Distribution Amount | 3.7244444 | ||||||||
B Interest Distribution Amount | 3.9288888 | ||||||||
B Interest Carryover Shortfall | 0.0000000 | ||||||||
B Principal Distribution Amount | 0.0000000 | ||||||||
Total B Distribution Amount | 3.9288888 | ||||||||
C Interest Distribution Amount | 4.1066667 | ||||||||
C Interest Carryover Shortfall | 0.0000000 | ||||||||
C Principal Distribution Amount | 0.0000000 | ||||||||
Total C Distribution Amount | 4.1066667 | ||||||||
Noteholders' First Priority Principal Distributable Amount | 127.87 | ||||||||
Noteholders' Second Priority Principal Distributable Amount | 488.39 | ||||||||
Noteholders' Third Priority Principal Distributable Amount | 244.79 | ||||||||
Noteholders' Principal Distributable Amount | 138.95 |
Account Balances | $ Amount | ||||||||
Reserve Account | |||||||||
Balance as of 08/13/25 | 3,046,305.69 | ||||||||
Investment Earnings | 6,720.58 | ||||||||
Investment Earnings Paid | (6,720.58 | ) | |||||||
Deposit/(Withdrawal) | - | ||||||||
Balance as of 09/15/25 | 3,046,305.69 | ||||||||
Change | - | ||||||||
Required Reserve Amount | 3,046,305.69 |