Exhibit 99.1

 

World Omni Auto Receivables Trust 2024-B            
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   426,176,563.93    21,529      
Yield Supplement Overcollateralization Amount 05/31/26   21,748,305.80    0      
Receivables Balance 05/31/26   447,924,869.73    21,529      
Principal Payments   21,171,892.98    533      
Defaulted Receivables   1,137,121.97    47      
Repurchased Accounts   0.00    0      
Yield Supplement Overcollateralization Amount at 06/30/26   20,201,663.17    0      
Pool Balance at 06/30/26   405,414,191.61    20,949      
                
Pool Statistics   $ Amount    # of Accounts      
Pool Factor   31.88%          
Prepayment ABS Speed   1.51%          
Aggregate Starting Principal Balance   1,335,109,741.10    47,844      
                
Delinquent Receivables:               
Past Due 31-60 days   7,681,205.89    278      
Past Due 61-90 days   3,492,021.76    124      
Past Due 91-120 days   556,629.73    23      
Past Due 121+ days   0.00    0      
 Total   11,729,857.38    425      
                
Total 31+ Delinquent as % Aggregate Ending Principal Balance   2.76%          
Total 61+ Delinquent as % Aggregate Ending Principal Balance   0.95%          
Delinquency Trigger Occurred   NO           
                
Recoveries   698,841.69           
Aggregate Net Losses/(Gains) - June 2026   438,280.28           
Ratio of Net Loss/(Gain) to the Receivables Balance as of beginning of Collection Period (Annualized):               
Current Net Losses/(Gains) Ratio   1.17%          
Prior Net Losses/(Gains) Ratio   0.52%          
Second Prior Net Losses/(Gains) Ratio   0.68%          
Third Prior Net Losses/(Gains) Ratio   0.19%          
Four Month Average   0.64%          
                
Cumulative Net Loss as a % of Aggregate Starting Principal Balance   0.79%          
                
Overcollateralization Target Amount   6,161,793.76           
Actual Overcollateralization   6,161,793.76           
Weighted Average Contract Rate   7.51%          
Weighted Average Contract Rate, Yield Adjusted   10.69%          
Weighted Average Remaining Term   40.46           
                
Flow of Funds   $ Amount           
Collections   24,716,957.11           
Investment Earnings on Cash Accounts   18,352.11           
Servicing Fee   (373,270.72)          
Transfer to Collection Account   -           
Available Funds   24,362,038.50           
                
Distributions of Available Funds               
    (1)  Asset Representation Reviewer Amounts (up to $150,000 per year)   -           
    (2)  Class A Interest   1,597,834.03           
    (3)  Noteholders' First Priority Principal Distributable Amount   -           
    (4)  Class B Interest   165,883.33           
    (5)  Noteholders' Second Priority Principal Distributable Amount   -           
    (6)  Class C Interest   84,329.17           
    (7)  Noteholders' Third Priority Principal Distributable Amount   14,600,578.56           
    (8)  Required Reserve Account   -           
    (9)  Noteholders' Principal Distributable Amount   6,161,793.76           
   (10)  Asset Representation Reviewer Amounts (in excess of 1)   -           
   (11)  Distribution to Certificateholders   1,751,619.65           
                
Total Distributions of Available Funds   24,362,038.50           
                
Servicing Fee   373,270.72           
Unpaid Servicing Fee   -           
Change in amount of the unpaid servicing fee from the prior period   -           

 

 

 

 

Note Balances & Note Factors   $ Amount           
Original Class A   1,176,800,000.00           
Original Class B   37,000,000.00           
Original Class C   18,500,000.00           
                
Total Class A, B, & C               
Note Balance @ 06/15/26   420,014,770.17           
Principal Paid   20,762,372.32           
Note Balance @ 07/15/26   399,252,397.85           
                
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   274,714,770.17           
Principal Paid   20,762,372.32           
Note Balance @ 07/15/26   253,952,397.85           
Note Factor @ 07/15/26   59.2654371%          
                
Class A-4               
Note Balance @ 06/15/26   89,800,000.00           
Principal Paid   0.00           
Note Balance @ 07/15/26   89,800,000.00           
Note Factor @ 07/15/26   100.0000000%          
                
Class B               
Note Balance @ 06/15/26   37,000,000.00           
Principal Paid   0.00           
Note Balance @ 07/15/26   37,000,000.00           
Note Factor @ 07/15/26   100.0000000%          
                
Class C               
Note Balance @ 06/15/26   18,500,000.00           
Principal Paid   0.00           
Note Balance @ 07/15/26   18,500,000.00           
Note Factor @ 07/15/26   100.0000000%          
                
Interest & Principal Payments   $ Amount           
Total Interest Paid   1,848,046.53           
Total Principal Paid   20,762,372.32           
Total Paid   22,610,418.85           
                
Class A-1               
Coupon   5.53400%          
Interest Paid   0.00           
Principal Paid   0.00           
Total Paid to A-1 Holders   0.00           
                
Class A-2a               
Coupon   5.48000%          
Interest Paid   0.00           
Principal Paid   0.00           
Total Paid to A-2a Holders   0.00           
                
Class A-2b               
SOFR Rate   3.59301%          
Coupon   4.02301%          
Interest Paid   0.00           
Principal Paid   0.00           
Total Paid to A-2b Holders   0.00           
                
Class A-3               
Coupon   5.27000%          
Interest Paid   1,206,455.70           
Principal Paid   20,762,372.32           
Total Paid to A-3 Holders   21,968,828.02           
                
Class A-4               
Coupon   5.23000%          
Interest Paid   391,378.33           
Principal Paid   0.00           
Total Paid to A-4 Holders   391,378.33           
                
Class B               
Coupon   5.38000%          
Interest Paid   165,883.33           
Principal Paid   0.00           
Total Paid to B Holders   165,883.33           
                
Class C               
Coupon   5.47000%          
Interest Paid   84,329.17           
Principal Paid   0.00           
Total Paid to C Holders   84,329.17           

 

 

 

 

Distribution per $1,000 of Notes   Total            
Total Interest Distribution Amount   1.4996726           
Total Interest Carryover Shortfall   0.0000000           
Total Principal Distribution Amount   16.8484722           
Total Distribution Amount   18.3481448           
                
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   2.8155326           
A-3 Interest Carryover Shortfall   0.0000000           
A-3 Principal Distribution Amount   48.4536110           
Total A-3 Distribution Amount   51.2691436           
                
A-4 Interest Distribution Amount   4.3583333           
A-4 Interest Carryover Shortfall   0.0000000           
A-4 Principal Distribution Amount   0.0000000           
Total A-4 Distribution Amount   4.3583333           
                
B Interest Distribution Amount   4.4833332           
B Interest Carryover Shortfall   0.0000000           
B Principal Distribution Amount   0.0000000           
Total B Distribution Amount   4.4833332           
                
C Interest Distribution Amount   4.5583335           
C Interest Carryover Shortfall   0.0000000           
C Principal Distribution Amount   0.0000000           
Total C Distribution Amount   4.5583335           
                
Noteholders' First Priority Principal Distributable Amount   0.00           
Noteholders' Second Priority Principal Distributable Amount   0.00           
Noteholders' Third Priority Principal Distributable Amount   703.22           
Noteholders' Principal Distributable Amount   296.78           
                
Account Balances   $ Amount           
Reserve Account               
Balance as of 06/15/26   3,080,896.88           
Investment Earnings   8,998.56           
Investment Earnings Paid   (8,998.56)          
Deposit/(Withdrawal)   -           
Balance as of 07/15/26   3,080,896.88           
Change   -           
                
Required Reserve Amount   3,080,896.88