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For the fiscal year ending August 31, 2024, Pure Cycle reported remarkable financial growth with a net income of $11.6 million, marking a 147% increase from the previous year and continuing its ...
The HSBC Business Cycles Regular Growth has an AUM of 1003.45 crores & has delivered CAGR of 22.01% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 2.29%.
That business has contributed to the strong growth of its take rate, or revenue margin, which is up sharply as the company has gotten more efficient with incentives for drivers and riders.