World Omni Auto Receivables Trust 2023-A

08/28/2026 | Press release | Distributed by Public on 08/28/2026 07:29

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

World Omni Auto Receivables Trust 2023-A

Monthly Servicer Certificate

July 31, 2026

Dates Covered
Collections Period 07/01/26 - 07/31/26
Interest Accrual Period 07/15/26 - 08/16/26
30/360 Days 30
Actual/360 Days 33
Distribution Date 08/17/26
Collateral Pool Balance Data $ Amount # of Accounts
Pool Balance at 06/30/26 165,618,325.06 12,904
Yield Supplement Overcollateralization Amount 06/30/26 7,383,567.96 0
Receivables Balance 06/30/26 173,001,893.02 12,904
Principal Payments 9,955,058.50 274
Defaulted Receivables 344,776.07 18
Repurchased Accounts 0.00 0
Yield Supplement Overcollateralization Amount at 07/31/26 6,713,838.41 0
Pool Balance at 07/31/26 155,988,220.04 12,612
Pool Statistics $ Amount # of Accounts
Pool Factor 14.57 %
Prepayment ABS Speed 1.16 %
Aggregate Starting Principal Balance 1,116,806,264.43 45,522
Delinquent Receivables:
Past Due 31-60 days 4,672,291.52 234
Past Due 61-90 days 1,452,788.66 74
Past Due 91-120 days 196,214.70 9
Past Due 121+ days 0.00 0
Total 6,321,294.88 317
Total 31+ Delinquent as % Aggregate Ending Principal Balance 3.89 %
Total 61+ Delinquent as % Aggregate Ending Principal Balance 1.01 %
Delinquency Trigger Occurred NO
Recoveries 227,051.00
Aggregate Net Losses/(Gains) - July 2026 117,725.07
Ratio of Net Loss/(Gain) to the Receivables Balance as of beginning of Collection Period (Annualized):
Current Net Losses/(Gains) Ratio 0.82 %
Prior Net Losses/(Gains) Ratio 0.53 %
Second Prior Net Losses/(Gains) Ratio 1.24 %
Third Prior Net Losses/(Gains) Ratio -0.55 %
Four Month Average 0.51 %
Cumulative Net Loss as a % of Aggregate Starting Principal Balance 0.70 %
Overcollateralization Target Amount 5,038,175.22
Actual Overcollateralization 5,038,175.22
Weighted Average Contract Rate 6.08 %
Weighted Average Contract Rate, Yield Adjusted 10.04 %
Weighted Average Remaining Term 26.95
Flow of Funds $ Amount
Collections 11,062,856.14
Investment Earnings on Cash Accounts 16,117.32
Servicing Fee (144,168.24 )
Transfer to Collection Account -
Available Funds 10,934,805.22
Distributions of Available Funds
(1) Asset Representation Reviewer Amounts (up to $150,000 per year) -
(2) Class A Interest 449,973.27
(3) Noteholders' First Priority Principal Distributable Amount -
(4) Class B Interest 126,714.08
(5) Noteholders' Second Priority Principal Distributable Amount -
(6) Class C Interest 65,772.00
(7) Noteholders' Third Priority Principal Distributable Amount 4,591,929.80
(8) Required Reserve Account -
(9) Noteholders' Principal Distributable Amount 5,038,175.22
(10) Asset Representation Reviewer Amounts (in excess of 1) -
(11) Distribution to Certificateholders 662,240.85
Total Distributions of Available Funds 10,934,805.22
Servicing Fee 144,168.24
Unpaid Servicing Fee -
Change in amount of the unpaid servicing fee from the prior period -
Note Balances & Note Factors $ Amount
Original Class A 962,280,000.00
Original Class B 30,230,000.00
Original Class C 15,120,000.00
Total Class A, B, & C
Note Balance @ 07/15/26 160,580,149.84
Principal Paid 9,630,105.02
Note Balance @ 08/17/26 150,950,044.82
Class A-1
Note Balance @ 07/15/26 0.00
Principal Paid 0.00
Note Balance @ 08/17/26 0.00
Note Factor @ 08/17/26 0.0000000 %
Class A-2a
Note Balance @ 07/15/26 0.00
Principal Paid 0.00
Note Balance @ 08/17/26 0.00
Note Factor @ 08/17/26 0.0000000 %
Class A-2b
Note Balance @ 07/15/26 0.00
Principal Paid 0.00
Note Balance @ 08/17/26 0.00
Note Factor @ 08/17/26 0.0000000 %
Class A-3
Note Balance @ 07/15/26 17,620,149.84
Principal Paid 9,630,105.02
Note Balance @ 08/17/26 7,990,044.82
Note Factor @ 08/17/26 2.8548109 %
Class A-4
Note Balance @ 07/15/26 97,610,000.00
Principal Paid 0.00
Note Balance @ 08/17/26 97,610,000.00
Note Factor @ 08/17/26 100.0000000 %
Class B
Note Balance @ 07/15/26 30,230,000.00
Principal Paid 0.00
Note Balance @ 08/17/26 30,230,000.00
Note Factor @ 08/17/26 100.0000000 %
Class C
Note Balance @ 07/15/26 15,120,000.00
Principal Paid 0.00
Note Balance @ 08/17/26 15,120,000.00
Note Factor @ 08/17/26 100.0000000 %
Interest & Principal Payments $ Amount
Total Interest Paid 642,459.35
Total Principal Paid 9,630,105.02
Total Paid 10,272,564.37
Class A-1
Coupon 4.86700 %
Interest Paid 0.00
Principal Paid 0.00
Total Paid to A-1 Holders 0.00
Class A-2a
Coupon 5.18000 %
Interest Paid 0.00
Principal Paid 0.00
Total Paid to A-2a Holders 0.00
Class A-2b
SOFR Rate 3.62539 %
Coupon 4.05539 %
Interest Paid 0.00
Principal Paid 0.00
Total Paid to A-2b Holders 0.00
Class A-3
Coupon 4.83000 %
Interest Paid 70,921.10
Principal Paid 9,630,105.02
Total Paid to A-3 Holders 9,701,026.12
Class A-4
Coupon 4.66000 %
Interest Paid 379,052.17
Principal Paid 0.00
Total Paid to A-4 Holders 379,052.17
Class B
Coupon 5.03000 %
Interest Paid 126,714.08
Principal Paid 0.00
Total Paid to B Holders 126,714.08
Class C
Coupon 5.22000 %
Interest Paid 65,772.00
Principal Paid 0.00
Total Paid to C Holders 65,772.00
Distribution per $1,000 of Notes Total
Total Interest Distribution Amount 0.6375945
Total Interest Carryover Shortfall 0.0000000
Total Principal Distribution Amount 9.5571837
Total Distribution Amount 10.1947782
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 0.2533982
A-3 Interest Carryover Shortfall 0.0000000
A-3 Principal Distribution Amount 34.4079785
Total A-3 Distribution Amount 34.6613767
A-4 Interest Distribution Amount 3.8833334
A-4 Interest Carryover Shortfall 0.0000000
A-4 Principal Distribution Amount 0.0000000
Total A-4 Distribution Amount 3.8833334
B Interest Distribution Amount 4.1916666
B Interest Carryover Shortfall 0.0000000
B Principal Distribution Amount 0.0000000
Total B Distribution Amount 4.1916666
C Interest Distribution Amount 4.3500000
C Interest Carryover Shortfall 0.0000000
C Principal Distribution Amount 0.0000000
Total C Distribution Amount 4.3500000
Noteholders' First Priority Principal Distributable Amount 0.00
Noteholders' Second Priority Principal Distributable Amount 0.00
Noteholders' Third Priority Principal Distributable Amount 476.83
Noteholders' Principal Distributable Amount 523.17
Account Balances $ Amount
Reserve Account
Balance as of 07/15/26 5,038,175.22
Investment Earnings 14,977.43
Investment Earnings Paid (14,977.43 )
Deposit/(Withdrawal) -
Balance as of 08/17/26 5,038,175.22
Change -
Required Reserve Amount 5,038,175.22
Other Servicing Information Current Month Prior Month Two Months Prior
Principal Balance of Receivables extended during the Collection Period $ 1,310,991.93 988,374.43 1,256,765.73
Number of Extensions 74 54 63
Ratio of extensions to Beginning of Period Receivables Balance 0.76 % 0.54 % 0.65 %
World Omni Auto Receivables Trust 2023-A published this content on August 28, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on August 28, 2026 at 13:29 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]