World Omni Auto Receivables Trust 2024-A

04/29/2026 | Press release | Distributed by Public on 04/29/2026 07:25

Asset-Backed Issuer Distribution Report (Form 10-D)

World Omni Auto Receivables Trust 2024-A
Monthly Servicer Certificate
March 31, 2026
Dates Covered
Collections Period 03/01/26 - 03/31/26
Interest Accrual Period 03/16/26 - 04/14/26
30/360 Days 30
Actual/360 Days 30
Distribution Date 04/15/26
Collateral Pool Balance Data $ Amount # of Accounts
Pool Balance at 02/28/26 448,060,823.08 24,189
Yield Supplement Overcollateralization Amount 02/28/26 24,085,403.14 0
Receivables Balance 02/28/26 472,146,226.22 24,189
Principal Payments 24,096,512.93 588
Defaulted Receivables 743,879.01 27
Repurchased Accounts 0.00 0
Yield Supplement Overcollateralization Amount at 03/31/26 22,285,041.90 0
Pool Balance at 03/31/26 425,020,792.38 23,574
Pool Statistics $ Amount # of Accounts
Pool Factor 33.29 %
Prepayment ABS Speed 1.54 %
Aggregate Starting Principal Balance 1,343,677,474.68 40,916
Delinquent Receivables:
Past Due 31-60 days 8,374,775.12 315
Past Due 61-90 days 2,389,792.11 83
Past Due 91-120 days 690,748.90 28
Past Due 121+ days 0.00 0
Total 11,455,316.13 426
Total 31+ Delinquent as % Aggregate Ending Principal Balance 2.56 %
Total 61+ Delinquent as % Aggregate Ending Principal Balance 0.69 %
Delinquency Trigger Occurred NO
Recoveries 746,066.62
Aggregate Net Losses/(Gains) - March 2026 (2,187.61 )
Ratio of Net Loss/(Gain) to the Receivables Balance as of beginning of Collection Period (Annualized):
Current Net Losses/(Gains) Ratio -0.01 %
Prior Net Losses/(Gains) Ratio 1.22 %
Second Prior Net Losses/(Gains) Ratio 1.13 %
Third Prior Net Losses/(Gains) Ratio 0.66 %
Four Month Average 0.75 %
Cumulative Net Loss as a % of Aggregate Starting Principal Balance 0.78 %
Overcollateralization Target Amount 6,145,476.31
Actual Overcollateralization 6,145,476.31
Weighted Average Contract Rate 6.66 %
Weighted Average Contract Rate, Yield Adjusted 10.23 %
Weighted Average Remaining Term 37.91
Flow of Funds $ Amount
Collections 27,387,547.98
Investment Earnings on Cash Accounts 11,509.26
Servicing Fee (393,455.19 )
Transfer to Collection Account -
Available Funds 27,005,602.05
Distributions of Available Funds
(1) Asset Representation Reviewer Amounts (up to $150,000 per year) -
(2) Class A Interest 1,564,286.82
(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 16,894,554.39
(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 2,163,297.28
Total Distributions of Available Funds 27,005,602.05
Servicing Fee 393,455.19
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 @ 03/16/26 441,915,346.77
Principal Paid 23,040,030.70
Note Balance @ 04/15/26 418,875,316.07
Class A-1
Note Balance @ 03/16/26 0.00
Principal Paid 0.00
Note Balance @ 04/15/26 0.00
Note Factor @ 04/15/26 0.0000000 %
Class A-2a
Note Balance @ 03/16/26 0.00
Principal Paid 0.00
Note Balance @ 04/15/26 0.00
Note Factor @ 04/15/26 0.0000000 %
Class A-2b
Note Balance @ 03/16/26 0.00
Principal Paid 0.00
Note Balance @ 04/15/26 0.00
Note Factor @ 04/15/26 0.0000000 %
Class A-3
Note Balance @ 03/16/26 298,715,346.77
Principal Paid 23,040,030.70
Note Balance @ 04/15/26 275,675,316.07
Note Factor @ 04/15/26 63.4816276 %
Class A-4
Note Balance @ 03/16/26 87,890,000.00
Principal Paid 0.00
Note Balance @ 04/15/26 87,890,000.00
Note Factor @ 04/15/26 100.0000000 %
Class B
Note Balance @ 03/16/26 36,870,000.00
Principal Paid 0.00
Note Balance @ 04/15/26 36,870,000.00
Note Factor @ 04/15/26 100.0000000 %
Class C
Note Balance @ 03/16/26 18,440,000.00
Principal Paid 0.00
Note Balance @ 04/15/26 18,440,000.00
Note Factor @ 04/15/26 100.0000000 %
Interest & Principal Payments $ Amount
Total Interest Paid 1,802,274.07
Total Principal Paid 23,040,030.70
Total Paid 24,842,304.77
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 3.67223 %
Coupon 4.01223 %
Interest Paid 0.00
Principal Paid 0.00
Total Paid to A-2b Holders 0.00
Class A-3
Coupon 4.86000 %
Interest Paid 1,209,797.15
Principal Paid 23,040,030.70
Total Paid to A-3 Holders 24,249,827.85
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 1.4700201
Total Interest Carryover Shortfall 0.0000000
Total Principal Distribution Amount 18.7925407
Total Distribution Amount 20.2625608
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 2.7858821
A-3 Interest Carryover Shortfall 0.0000000
A-3 Principal Distribution Amount 53.0558437
Total A-3 Distribution Amount 55.8417258
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 733.27
Noteholders' Principal Distributable Amount 266.73
Account Balances $ Amount
Reserve Account
Balance as of 03/16/26 3,072,738.16
Investment Earnings 9,132.28
Investment Earnings Paid (9,132.28 )
Deposit/(Withdrawal) -
Balance as of 04/15/26 3,072,738.16
Change -
Required Reserve Amount 3,072,738.16
World Omni Auto Receivables Trust 2024-A published this content on April 29, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on April 29, 2026 at 13:25 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]