Exhibit 99.1

 

World Omni Auto Receivables Trust 2024-A            
Monthly Servicer Certificate            
June 30, 2026            
             
Dates Covered            
Collections Period   06/01/26 - 06/30/26           
Interest Accrual Period   06/15/26 - 07/14/26           
30/360 Days   30           
Actual/360 Days   30           
Distribution Date   07/15/26           
                
Collateral Pool Balance Data   $ Amount    # of Accounts      
Pool Balance at 05/31/26   384,388,523.76    22,478      
Yield Supplement Overcollateralization Amount 05/31/26   19,175,983.17    0      
Receivables Balance 05/31/26   403,564,506.93    22,478      
Principal Payments   20,686,643.05    550      
Defaulted Receivables   639,633.69    29      
Repurchased Accounts   0.00    0      
Yield Supplement Overcollateralization Amount at 06/30/26   17,732,852.09    0      
Pool Balance at 06/30/26   364,505,378.10    21,899      
                
Pool Statistics   $ Amount    # of Accounts      
Pool Factor   28.45%          
Prepayment ABS Speed   1.43%          
Aggregate Starting Principal Balance   1,343,677,474.68    40,916      
                
Delinquent Receivables:               
Past Due 31-60 days   7,276,388.10    283      
Past Due 61-90 days   2,529,670.25    100      
Past Due 91-120 days   567,337.01    23      
Past Due 121+ days   0.00    0      
 Total   10,373,395.36    406      
                
Total 31+ Delinquent as % Aggregate Ending Principal Balance   2.71%          
Total 61+ Delinquent as % Aggregate Ending Principal Balance   0.81%          
Delinquency Trigger Occurred   NO           
                
Recoveries   322,834.74           
Aggregate Net Losses/(Gains) - June 2026   316,798.95           
Ratio of Net Loss/(Gain) to the Receivables Balance as of beginning of Collection Period (Annualized):               
Current Net Losses/(Gains) Ratio   0.94%          
Prior Net Losses/(Gains) Ratio   0.20%          
Second Prior Net Losses/(Gains) Ratio   0.39%          
Third Prior Net Losses/(Gains) Ratio   -0.01%          
Four Month Average   0.38%          
                
Cumulative Net Loss as a % of Aggregate Starting Principal Balance   0.82%          
                
Overcollateralization Target Amount   6,145,476.31           
Actual Overcollateralization   6,145,476.31           
Weighted Average Contract Rate   6.71%          
Weighted Average Contract Rate, Yield Adjusted   10.23%          
Weighted Average Remaining Term   35.44           
                
Flow of Funds   $ Amount           
Collections   23,311,379.95           
Investment Earnings on Cash Accounts   11,074.52           
Servicing Fee   (336,303.76)          
Transfer to Collection Account   -           
Available Funds   22,986,150.71           
                
Distributions of Available Funds               
    (1)  Asset Representation Reviewer Amounts (up to $150,000 per year)   -           
    (2)  Class A Interest   1,306,414.01           
    (3)  Noteholders' First Priority Principal Distributable Amount   -           
    (4)  Class B Interest   156,390.25           
    (5)  Noteholders' Second Priority Principal Distributable Amount   -           
    (6)  Class C Interest   81,597.00           
    (7)  Noteholders' Third Priority Principal Distributable Amount   13,737,669.35           
    (8)  Required Reserve Account   -           
    (9)  Noteholders' Principal Distributable Amount   6,145,476.31           
   (10)  Asset Representation Reviewer Amounts (in excess of 1)   -           
   (11)  Distribution to Certificateholders   1,558,603.79           
                
Total Distributions of Available Funds   22,986,150.71           
                
Servicing Fee   336,303.76           
Unpaid Servicing Fee   -           
Change in amount of the unpaid servicing fee from the prior period   -           

 

 

 

 

Note Balances & Note Factors   $ Amount           
Original Class A   1,170,710,000.00           
Original Class B   36,870,000.00           
Original Class C   18,440,000.00           
                
Total Class A, B, & C               
Note Balance @ 06/15/26   378,243,047.45           
Principal Paid   19,883,145.66           
Note Balance @ 07/15/26   358,359,901.79           
                
Class A-1               
Note Balance @ 06/15/26   0.00           
Principal Paid   0.00           
Note Balance @ 07/15/26   0.00           
Note Factor @ 07/15/26   0.0000000%          
                
Class A-2a               
Note Balance @ 06/15/26   0.00           
Principal Paid   0.00           
Note Balance @ 07/15/26   0.00           
Note Factor @ 07/15/26   0.0000000%          
                
Class A-2b               
Note Balance @ 06/15/26   0.00           
Principal Paid   0.00           
Note Balance @ 07/15/26   0.00           
Note Factor @ 07/15/26   0.0000000%          
                
Class A-3               
Note Balance @ 06/15/26   235,043,047.45           
Principal Paid   19,883,145.66           
Note Balance @ 07/15/26   215,159,901.79           
Note Factor @ 07/15/26   49.5463321%          
                
Class A-4               
Note Balance @ 06/15/26   87,890,000.00           
Principal Paid   0.00           
Note Balance @ 07/15/26   87,890,000.00           
Note Factor @ 07/15/26   100.0000000%          
                
Class B               
Note Balance @ 06/15/26   36,870,000.00           
Principal Paid   0.00           
Note Balance @ 07/15/26   36,870,000.00           
Note Factor @ 07/15/26   100.0000000%          
                
Class C               
Note Balance @ 06/15/26   18,440,000.00           
Principal Paid   0.00           
Note Balance @ 07/15/26   18,440,000.00           
Note Factor @ 07/15/26   100.0000000%          
                
Interest & Principal Payments   $ Amount           
Total Interest Paid   1,544,401.26           
Total Principal Paid   19,883,145.66           
Total Paid   21,427,546.92           
                
Class A-1               
Coupon   5.51900%          
Interest Paid   0.00           
Principal Paid   0.00           
Total Paid to A-1 Holders   0.00           
                
Class A-2a               
Coupon   5.05000%          
Interest Paid   0.00           
Principal Paid   0.00           
Total Paid to A-2a Holders   0.00           
                
Class A-2b               
SOFR Rate   3.59301%          
Coupon   3.93301%          
Interest Paid   0.00           
Principal Paid   0.00           
Total Paid to A-2b Holders   0.00           
                
Class A-3               
Coupon   4.86000%          
Interest Paid   951,924.34           
Principal Paid   19,883,145.66           
Total Paid to A-3 Holders   20,835,070.00           
                
Class A-4               
Coupon   4.84000%          
Interest Paid   354,489.67           
Principal Paid   0.00           
Total Paid to A-4 Holders   354,489.67           
                
Class B               
Coupon   5.09000%          
Interest Paid   156,390.25           
Principal Paid   0.00           
Total Paid to B Holders   156,390.25           
                
Class C               
Coupon   5.31000%          
Interest Paid   81,597.00           
Principal Paid   0.00           
Total Paid to C Holders   81,597.00           

 

 

 

 

Distribution per $1,000 of Notes   Total            
Total Interest Distribution Amount   1.2596868           
Total Interest Carryover Shortfall   0.0000000           
Total Principal Distribution Amount   16.2176357           
Total Distribution Amount   17.4773225           
                
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   2.1920608           
A-3 Interest Carryover Shortfall   0.0000000           
A-3 Principal Distribution Amount   45.7862701           
Total A-3 Distribution Amount   47.9783309           
                
A-4 Interest Distribution Amount   4.0333334           
A-4 Interest Carryover Shortfall   0.0000000           
A-4 Principal Distribution Amount   0.0000000           
Total A-4 Distribution Amount   4.0333334           
                
B Interest Distribution Amount   4.2416667           
B Interest Carryover Shortfall   0.0000000           
B Principal Distribution Amount   0.0000000           
Total B Distribution Amount   4.2416667           
                
C Interest Distribution Amount   4.4250000           
C Interest Carryover Shortfall   0.0000000           
C Principal Distribution Amount   0.0000000           
Total C Distribution Amount   4.4250000           
                
Noteholders' First Priority Principal Distributable Amount   0.00           
Noteholders' Second Priority Principal Distributable Amount   0.00           
Noteholders' Third Priority Principal Distributable Amount   690.92           
Noteholders' Principal Distributable Amount   309.08           
                
Account Balances   $ Amount           
Reserve Account               
Balance as of 06/15/26   3,072,738.16           
Investment Earnings   8,838.92           
Investment Earnings Paid   (8,838.92)          
Deposit/(Withdrawal)   -           
Balance as of 07/15/26   3,072,738.16           
Change   -           
                
Required Reserve Amount   3,072,738.16