World Omni Auto Receivables Trust 2023-A

12/29/2025 | Press release | Distributed by Public on 12/29/2025 11:00

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

World Omni Auto Receivables Trust 2023-A
Monthly Servicer Certificate
November 30, 2025
Dates Covered
Collections Period 11/01/25 - 11/30/25
Interest Accrual Period 11/17/25 - 12/14/25
30/360 Days 30
Actual/360 Days 28
Distribution Date 12/15/25
Collateral Pool Balance Data $ Amount # of Accounts
Pool Balance at 10/31/25 252,996,904.52 15,841
Yield Supplement Overcollateralization Amount 10/31/25 14,386,305.15 0
Receivables Balance 10/31/25 267,383,209.67 15,841
Principal Payments 11,988,668.01 625
Defaulted Receivables 437,239.50 17
Repurchased Accounts 0.00 0
Yield Supplement Overcollateralization Amount at 11/30/25 13,398,898.24 0
Pool Balance at 11/30/25 241,558,403.92 15,199
Pool Statistics $ Amount # of Accounts
Pool Factor 22.83 %
Prepayment ABS Speed 1.12 %
Aggregate Starting Principal Balance 1,116,806,264.43 45,522
Delinquent Receivables:
Past Due 31-60 days 6,346,479.62 273
Past Due 61-90 days 2,292,180.09 94
Past Due 91-120 days 289,500.13 11
Past Due 121+ days 0.00 0
Total 8,928,159.84 378
Total 31+ Delinquent as % Aggregate Ending Principal Balance 3.50 %
Total 61+ Delinquent as % Aggregate Ending Principal Balance 1.01 %
Delinquency Trigger Occurred NO
Recoveries 165,919.34
Aggregate Net Losses/(Gains) - November 2025 271,320.16
Ratio of Net Loss/(Gain) to the Receivables Balance as of beginning of Collection Period (Annualized):
Current Net Losses/(Gains) Ratio 1.22 %
Prior Net Losses/(Gains) Ratio 0.26 %
Second Prior Net Losses/(Gains) Ratio -0.11 %
Third Prior Net Losses/(Gains) Ratio 0.32 %
Four Month Average 0.42 %
Cumulative Net Loss as a % of Aggregate Starting Principal Balance 0.64 %
Overcollateralization Target Amount 5,038,175.22
Actual Overcollateralization 5,038,175.22
Weighted Average Contract Rate 5.96 %
Weighted Average Contract Rate, Yield Adjusted 10.04 %
Weighted Average Remaining Term 34.03
Flow of Funds $ Amount
Collections 13,401,286.97
Investment Earnings on Cash Accounts 17,217.33
Servicing Fee (222,819.34 )
Transfer to Collection Account -
Available Funds 13,195,684.96
Distributions of Available Funds
(1) Asset Representation Reviewer Amounts (up to $150,000 per year) -
(2) Class A Interest 801,672.06
(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 6,400,325.38
(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 763,026.22
Total Distributions of Available Funds 13,195,684.96
Servicing Fee 222,819.34
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 @ 11/17/25 247,958,729.30
Principal Paid 11,438,500.60
Note Balance @ 12/15/25 236,520,228.70
Class A-1
Note Balance @ 11/17/25 0.00
Principal Paid 0.00
Note Balance @ 12/15/25 0.00
Note Factor @ 12/15/25 0.0000000 %
Class A-2a
Note Balance @ 11/17/25 0.00
Principal Paid 0.00
Note Balance @ 12/15/25 0.00
Note Factor @ 12/15/25 0.0000000 %
Class A-2b
Note Balance @ 11/17/25 0.00
Principal Paid 0.00
Note Balance @ 12/15/25 0.00
Note Factor @ 12/15/25 0.0000000 %
Class A-3
Note Balance @ 11/17/25 104,998,729.30
Principal Paid 11,438,500.60
Note Balance @ 12/15/25 93,560,228.70
Note Factor @ 12/15/25 33.4286940 %
Class A-4
Note Balance @ 11/17/25 97,610,000.00
Principal Paid 0.00
Note Balance @ 12/15/25 97,610,000.00
Note Factor @ 12/15/25 100.0000000 %
Class B
Note Balance @ 11/17/25 30,230,000.00
Principal Paid 0.00
Note Balance @ 12/15/25 30,230,000.00
Note Factor @ 12/15/25 100.0000000 %
Class C
Note Balance @ 11/17/25 15,120,000.00
Principal Paid 0.00
Note Balance @ 12/15/25 15,120,000.00
Note Factor @ 12/15/25 100.0000000 %
Interest & Principal Payments $ Amount
Total Interest Paid 994,158.14
Total Principal Paid 11,438,500.60
Total Paid 12,432,658.74
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 4.14202 %
Coupon 4.57202 %
Interest Paid 0.00
Principal Paid 0.00
Total Paid to A-2b Holders 0.00
Class A-3
Coupon 4.83000 %
Interest Paid 422,619.89
Principal Paid 11,438,500.60
Total Paid to A-3 Holders 11,861,120.49
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 0.9866302
Total Interest Carryover Shortfall 0.0000000
Total Principal Distribution Amount 11.3518857
Total Distribution Amount 12.3385159
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 1.5100039
A-3 Interest Carryover Shortfall 0.0000000
A-3 Principal Distribution Amount 40.8693033
Total A-3 Distribution Amount 42.3793072
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 559.54
Noteholders' Principal Distributable Amount 440.46
Account Balances $ Amount
Reserve Account
Balance as of 11/17/25 5,038,175.22
Investment Earnings 15,531.29
Investment Earnings Paid (15,531.29 )
Deposit/(Withdrawal) -
Balance as of 12/15/25 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 $ 2,031,972.88 1,957,914.12 2,210,854.28
Number of Extensions 89 85 95
Ratio of extensions to Beginning of Period Receivables Balance 0.76 % 0.69 % 0.74 %
World Omni Auto Receivables Trust 2023-A published this content on December 29, 2025, and is solely responsible for the information contained herein. Distributed via Edgar on December 29, 2025 at 17:00 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]