Exhibit 99.1
World Omni Auto Receivables Trust 2025-A |
Monthly Servicer Certificate |
August 31, 2025 |
Dates Covered | |||
Collections Period | 08/01/25 - 08/31/25 | ||
Interest Accrual Period | 08/15/25 - 09/14/25 | ||
30/360 Days | 30 | ||
Actual/360 Days | 31 | ||
Distribution Date | 09/15/25 |
Collateral Pool Balance Data | $ Amount | # of Accounts | ||||||||||
Pool Balance at 07/31/25 | 949,557,920.09 | 38,403 | ||||||||||
Yield Supplement Overcollateralization Amount 07/31/25 | 56,779,350.65 | 0 | ||||||||||
Receivables Balance 07/31/25 | 1,006,337,270.74 | 38,403 | ||||||||||
Principal Payments | 38,492,223.77 | 843 | ||||||||||
Defaulted Receivables | 1,536,047.40 | 48 | ||||||||||
Repurchased Accounts | 0.00 | 0 | ||||||||||
Yield Supplement Overcollateralization Amount at 08/31/25 | 53,834,941.62 | 0 | ||||||||||
Pool Balance at 08/31/25 | 912,474,057.95 | 37,512 | ||||||||||
Pool Statistics | $ Amount | # of Accounts | ||||||||||
Pool Factor | 74.01 | % | ||||||||||
Prepayment ABS Speed | 1.85 | % | ||||||||||
Aggregate Starting Principal Balance | 1,305,673,100.29 | 45,263 | ||||||||||
Delinquent Receivables: | ||||||||||||
Past Due 31-60 days | 10,183,186.00 | 332 | ||||||||||
Past Due 61-90 days | 4,054,804.57 | 121 | ||||||||||
Past Due 91-120 days | 620,715.75 | 24 | ||||||||||
Past Due 121+ days | 0.00 | 0 | ||||||||||
Total | 14,858,706.32 | 477 | ||||||||||
Total 31+ Delinquent as % Aggregate Ending Principal Balance | 1.54 | % | ||||||||||
Total 61+ Delinquent as % Aggregate Ending Principal Balance | 0.48 | % | ||||||||||
Delinquency Trigger Occurred | NO | |||||||||||
Recoveries | 1,053,326.68 | |||||||||||
Aggregate Net Losses/(Gains) - August 2025 | 482,720.72 | |||||||||||
Ratio of Net Loss/(Gain) to the Receivables Balance as of beginning of Collection Period (Annualized): | ||||||||||||
Current Net Losses/(Gains) Ratio | 0.58 | % | ||||||||||
Prior Net Losses/(Gains) Ratio | 0.73 | % | ||||||||||
Second Prior Net Losses/(Gains) Ratio | 0.64 | % | ||||||||||
Third Prior Net Losses/(Gains) Ratio | 1.09 | % | ||||||||||
Four Month Average | 0.76 | % | ||||||||||
Cumulative Net Loss as a % of Aggregate Starting Principal Balance | 0.27 | % | ||||||||||
Overcollateralization Target Amount | 8,212,266.52 | |||||||||||
Actual Overcollateralization | 8,212,266.52 | |||||||||||
Weighted Average Contract Rate | 6.63 | % | ||||||||||
Weighted Average Contract Rate, Yield Adjusted | 9.51 | % | ||||||||||
Weighted Average Remaining Term | 54.69 | |||||||||||
Flow of Funds | $ Amount | |||||||||||
Collections | 45,029,482.42 | |||||||||||
Investment Earnings on Cash Accounts | 16,678.25 | |||||||||||
Servicing Fee | (838,614.39 | ) | ||||||||||
Transfer to Collection Account | - | |||||||||||
Available Funds | 44,207,546.28 | |||||||||||
Distributions of Available Funds | ||||||||||||
(1) Asset Representation Reviewer Amounts (up to $150,000 per year) | - | |||||||||||
(2) Class A Interest | 3,453,974.35 | |||||||||||
(3) Noteholders' First Priority Principal Distributable Amount | - | |||||||||||
(4) Class B Interest | 155,617.33 | |||||||||||
(5) Noteholders' Second Priority Principal Distributable Amount | 10,157,840.86 | |||||||||||
(6) Class C Interest | 79,187.17 | |||||||||||
(7) Noteholders' Third Priority Principal Distributable Amount | 18,380,000.00 | |||||||||||
(8) Required Reserve Account | - | |||||||||||
(9) Noteholders' Principal Distributable Amount | 8,212,266.52 | |||||||||||
(10) Asset Representation Reviewer Amounts (in excess of 1) | - | |||||||||||
(11) Distribution to Certificateholders | 3,768,660.05 | |||||||||||
Total Distributions of Available Funds | 44,207,546.28 | |||||||||||
Servicing Fee | 838,614.39 | |||||||||||
Unpaid Servicing Fee | - | |||||||||||
Change in amount of the unpaid servicing fee from the prior period | - |
Note Balances & Note Factors | $ Amount | |||||||||||
Original Class A | 1,170,220,000.00 | |||||||||||
Original Class B | 36,760,000.00 | |||||||||||
Original Class C | 18,380,000.00 | |||||||||||
Total Class A, B, & C | ||||||||||||
Note Balance @ 08/15/25 | 941,011,898.81 | |||||||||||
Principal Paid | 36,750,107.38 | |||||||||||
Note Balance @ 09/15/25 | 904,261,791.43 | |||||||||||
Class A-1 | ||||||||||||
Note Balance @ 08/15/25 | 0.00 | |||||||||||
Principal Paid | 0.00 | |||||||||||
Note Balance @ 09/15/25 | 0.00 | |||||||||||
Note Factor @ 09/15/25 | 0.0000000 | % | ||||||||||
Class A-2a | ||||||||||||
Note Balance @ 08/15/25 | 278,066,642.31 | |||||||||||
Principal Paid | 27,119,576.10 | |||||||||||
Note Balance @ 09/15/25 | 250,947,066.21 | |||||||||||
Note Factor @ 09/15/25 | 81.0133866 | % | ||||||||||
Class A-2b | ||||||||||||
Note Balance @ 08/15/25 | 98,745,256.50 | |||||||||||
Principal Paid | 9,630,531.28 | |||||||||||
Note Balance @ 09/15/25 | 89,114,725.22 | |||||||||||
Note Factor @ 09/15/25 | 81.0133866 | % | ||||||||||
Class A-3 | ||||||||||||
Note Balance @ 08/15/25 | 419,760,000.00 | |||||||||||
Principal Paid | 0.00 | |||||||||||
Note Balance @ 09/15/25 | 419,760,000.00 | |||||||||||
Note Factor @ 09/15/25 | 100.0000000 | % | ||||||||||
Class A-4 | ||||||||||||
Note Balance @ 08/15/25 | 89,300,000.00 | |||||||||||
Principal Paid | 0.00 | |||||||||||
Note Balance @ 09/15/25 | 89,300,000.00 | |||||||||||
Note Factor @ 09/15/25 | 100.0000000 | % | ||||||||||
Class B | ||||||||||||
Note Balance @ 08/15/25 | 36,760,000.00 | |||||||||||
Principal Paid | 0.00 | |||||||||||
Note Balance @ 09/15/25 | 36,760,000.00 | |||||||||||
Note Factor @ 09/15/25 | 100.0000000 | % | ||||||||||
Class C | ||||||||||||
Note Balance @ 08/15/25 | 18,380,000.00 | |||||||||||
Principal Paid | 0.00 | |||||||||||
Note Balance @ 09/15/25 | 18,380,000.00 | |||||||||||
Note Factor @ 09/15/25 | 100.0000000 | % | ||||||||||
Interest & Principal Payments | $ Amount | |||||||||||
Total Interest Paid | 3,688,778.85 | |||||||||||
Total Principal Paid | 36,750,107.38 | |||||||||||
Total Paid | 40,438,886.23 | |||||||||||
Class A-1 | ||||||||||||
Coupon | 4.41100 | % | ||||||||||
Interest Paid | 0.00 | |||||||||||
Principal Paid | 0.00 | |||||||||||
Total Paid to A-1 Holders | 0.00 | |||||||||||
Class A-2a | ||||||||||||
Coupon | 4.49000 | % | ||||||||||
Interest Paid | 1,040,432.69 | |||||||||||
Principal Paid | 27,119,576.10 | |||||||||||
Total Paid to A-2a Holders | 28,160,008.79 | |||||||||||
Class A-2b | ||||||||||||
SOFR Rate | 4.34270 | % | ||||||||||
Coupon | 4.67270 | % | ||||||||||
Interest Paid | 397,322.66 | |||||||||||
Principal Paid | 9,630,531.28 | |||||||||||
Total Paid to A-2b Holders | 10,027,853.94 | |||||||||||
Class A-3 | ||||||||||||
Coupon | 4.73000 | % | ||||||||||
Interest Paid | 1,654,554.00 | |||||||||||
Principal Paid | 0.00 | |||||||||||
Total Paid to A-3 Holders | 1,654,554.00 | |||||||||||
Class A-4 | ||||||||||||
Coupon | 4.86000 | % | ||||||||||
Interest Paid | 361,665.00 | |||||||||||
Principal Paid | 0.00 | |||||||||||
Total Paid to A-4 Holders | 361,665.00 | |||||||||||
Class B | ||||||||||||
Coupon | 5.08000 | % | ||||||||||
Interest Paid | 155,617.33 | |||||||||||
Principal Paid | 0.00 | |||||||||||
Total Paid to B Holders | 155,617.33 | |||||||||||
Class C | ||||||||||||
Coupon | 5.17000 | % | ||||||||||
Interest Paid | 79,187.17 | |||||||||||
Principal Paid | 0.00 | |||||||||||
Total Paid to C Holders | 79,187.17 |
Distribution per $1,000 of Notes | Total | |||||||||||
Total Interest Distribution Amount | 3.0103634 | |||||||||||
Total Interest Carryover Shortfall | 0.0000000 | |||||||||||
Total Principal Distribution Amount | 29.9912739 | |||||||||||
Total Distribution Amount | 33.0016373 | |||||||||||
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 | 3.3588349 | |||||||||||
A-2a Interest Carryover Shortfall | 0.0000000 | |||||||||||
A-2a Principal Distribution Amount | 87.5502844 | |||||||||||
Total A-2a Distribution Amount | 90.9091193 | |||||||||||
A-2b Interest Distribution Amount | 3.6120242 | |||||||||||
A-2b Interest Carryover Shortfall | 0.0000000 | |||||||||||
A-2b Principal Distribution Amount | 87.5502844 | |||||||||||
Total A-2b Distribution Amount | 91.1623086 | |||||||||||
A-3 Interest Distribution Amount | 3.9416667 | |||||||||||
A-3 Interest Carryover Shortfall | 0.0000000 | |||||||||||
A-3 Principal Distribution Amount | 0.0000000 | |||||||||||
Total A-3 Distribution Amount | 3.9416667 | |||||||||||
A-4 Interest Distribution Amount | 4.0500000 | |||||||||||
A-4 Interest Carryover Shortfall | 0.0000000 | |||||||||||
A-4 Principal Distribution Amount | 0.0000000 | |||||||||||
Total A-4 Distribution Amount | 4.0500000 | |||||||||||
B Interest Distribution Amount | 4.2333332 | |||||||||||
B Interest Carryover Shortfall | 0.0000000 | |||||||||||
B Principal Distribution Amount | 0.0000000 | |||||||||||
Total B Distribution Amount | 4.2333332 | |||||||||||
C Interest Distribution Amount | 4.3083335 | |||||||||||
C Interest Carryover Shortfall | 0.0000000 | |||||||||||
C Principal Distribution Amount | 0.0000000 | |||||||||||
Total C Distribution Amount | 4.3083335 | |||||||||||
Noteholders' First Priority Principal Distributable Amount | 0.00 | |||||||||||
Noteholders' Second Priority Principal Distributable Amount | 276.40 | |||||||||||
Noteholders' Third Priority Principal Distributable Amount | 500.13 | |||||||||||
Noteholders' Principal Distributable Amount | 223.47 | |||||||||||
Account Balances | $ Amount | |||||||||||
Reserve Account | ||||||||||||
Balance as of 08/15/25 | 3,063,404.27 | |||||||||||
Investment Earnings | 11,051.37 | |||||||||||
Investment Earnings Paid | (11,051.37 | ) | ||||||||||
Deposit/(Withdrawal) | - | |||||||||||
Balance as of 09/15/25 | 3,063,404.27 | |||||||||||
Change | - | |||||||||||
Required Reserve Amount | 3,063,404.27 |