Exhibit 99.1

 

World Omni Auto Receivables Trust 2024-A            
Monthly Servicer Certificate            
August 31, 2026            
             
Dates Covered            
Collections Period   08/01/26 - 08/31/26           
Interest Accrual Period   08/17/26 - 09/14/26           
30/360 Days   30           
Actual/360 Days   29           
Distribution Date   09/15/26           
                
Collateral Pool Balance Data  $ Amount   # of Accounts      
Pool Balance at 07/31/26   344,941,762.40    21,291      
Yield Supplement Overcollateralization Amount 07/31/26   16,349,905.47    0      
Receivables Balance 07/31/26   361,291,667.87    21,291      
Principal Payments   18,215,851.76    856      
Defaulted Receivables   619,927.14    28      
Repurchased Accounts   0.00    0      
Yield Supplement Overcollateralization Amount at 08/31/26   15,120,752.33    0      
Pool Balance at 08/31/26   327,335,136.64    20,407      
                
Pool Statistics  $ Amount   # of Accounts      
Pool Factor   25.49%          
Prepayment ABS Speed   1.34%          
Aggregate Starting Principal Balance   1,343,677,474.68    40,916      
                
Delinquent Receivables:               
Past Due 31-60 days   7,749,744.81    314      
Past Due 61-90 days   2,407,628.62    92      
Past Due 91-120 days   592,385.55    27      
Past Due 121+ days   0.00    0      
 Total   10,749,758.98    433      
                
Total 31+ Delinquent as % Aggregate Ending Principal Balance   3.14%          
Total 61+ Delinquent as % Aggregate Ending Principal Balance   0.88%          
Delinquency Trigger Occurred   NO           
                
Recoveries   382,521.01           
Aggregate Net Losses/(Gains) - August 2026   237,406.13           
Ratio of Net Loss/(Gain) to the Receivables Balance as of beginning of Collection Period (Annualized):           
Current Net Losses/(Gains) Ratio   0.79%          
Prior Net Losses/(Gains) Ratio   0.48%          
Second Prior Net Losses/(Gains) Ratio   0.94%          
Third Prior Net Losses/(Gains) Ratio   0.20%          
Four Month Average   0.60%          
                
Cumulative Net Loss as a % of Aggregate Starting Principal Balance   0.85%          
                
Overcollateralization Target Amount   6,145,476.31           
Actual Overcollateralization   6,145,476.31           
Weighted Average Contract Rate   6.75%          
Weighted Average Contract Rate, Yield Adjusted   10.24%          
Weighted Average Remaining Term   33.82           
                
Flow of Funds  $ Amount           
Collections   20,645,077.18           
Investment Earnings on Cash Accounts   11,331.97           
Servicing Fee   (301,076.39)          
Transfer to Collection Account   -           
Available Funds   20,355,332.76           
                
Distributions of Available Funds               
    (1)  Asset Representation Reviewer Amounts (up to $150,000 per year)   -           
    (2)  Class A Interest   1,146,654.63           
    (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   11,461,149.45           
    (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   1,364,065.12           
                
Total Distributions of Available Funds   20,355,332.76           
                
Servicing Fee   301,076.39           
Unpaid Servicing Fee   -           
Change in amount of the unpaid servicing fee from the prior period   -           

 

 

 

 

Note Balances & Note Factors  $ Amount           
Original Class A   1,170,710,000.00           
Original Class B   36,870,000.00           
Original Class C   18,440,000.00           
                
Total Class A, B, & C               
Note Balance @ 08/17/26   338,796,286.09           
Principal Paid   17,606,625.76           
Note Balance @ 09/15/26   321,189,660.33           
                
Class A-1               
Note Balance @ 08/17/26   0.00           
Principal Paid   0.00           
Note Balance @ 09/15/26   0.00           
Note Factor @ 09/15/26   0.0000000%          
                
Class A-2a               
Note Balance @ 08/17/26   0.00           
Principal Paid   0.00           
Note Balance @ 09/15/26   0.00           
Note Factor @ 09/15/26   0.0000000%          
                
Class A-2b               
Note Balance @ 08/17/26   0.00           
Principal Paid   0.00           
Note Balance @ 09/15/26   0.00           
Note Factor @ 09/15/26   0.0000000%          
                
Class A-3               
Note Balance @ 08/17/26   195,596,286.09           
Principal Paid   17,606,625.76           
Note Balance @ 09/15/26   177,989,660.33           
Note Factor @ 09/15/26   40.9868881%          
                
Class A-4               
Note Balance @ 08/17/26   87,890,000.00           
Principal Paid   0.00           
Note Balance @ 09/15/26   87,890,000.00           
Note Factor @ 09/15/26   100.0000000%          
                
Class B               
Note Balance @ 08/17/26   36,870,000.00           
Principal Paid   0.00           
Note Balance @ 09/15/26   36,870,000.00           
Note Factor @ 09/15/26   100.0000000%          
                
Class C               
Note Balance @ 08/17/26   18,440,000.00           
Principal Paid   0.00           
Note Balance @ 09/15/26   18,440,000.00           
Note Factor @ 09/15/26   100.0000000%          
                
Interest & Principal Payments  $ Amount           
Total Interest Paid   1,384,641.88           
Total Principal Paid   17,606,625.76           
Total Paid   18,991,267.64           
                
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   3.63650%          
Coupon   3.97650%          
Interest Paid   0.00           
Principal Paid   0.00           
Total Paid to A-2b Holders   0.00           
                
Class A-3               
Coupon   4.86000%          
Interest Paid   792,164.96           
Principal Paid   17,606,625.76           
Total Paid to A-3 Holders   18,398,790.72           
                
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   1.1293795           
Total Interest Carryover Shortfall   0.0000000           
Total Principal Distribution Amount   14.3607982           
Total Distribution Amount   15.4901777           
                
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   1.8241721           
A-3 Interest Carryover Shortfall   0.0000000           
A-3 Principal Distribution Amount   40.5439731           
Total A-3 Distribution Amount   42.3681452           
                
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   650.96           
Noteholders' Principal Distributable Amount   349.04           
                
Account Balances  $ Amount           
Reserve Account               
Balance as of 08/17/26   3,072,738.16           
Investment Earnings   9,133.22           
Investment Earnings Paid   (9,133.22)          
Deposit/(Withdrawal)   -           
Balance as of 09/15/26   3,072,738.16           
Change   -           
                
Required Reserve Amount   3,072,738.16