Galaxy Payroll Group Limited(GLXG)Earnings, Financials & Key Ratios
GLXG•NASDAQ
$1.05
$2M mkt cap·2.5× P/E·Price updated May 6, 2026
AboutGalaxy Payroll Group Limited, through its subsidiaries, provides payroll outsourcing, employment, and consultancy and market research services. It has operations in Hong Kong, Macau, the People's Republic of China, Taiwan, Japan, Australia, Thailand, Malaysia, Vietnam, India, Indonesia, and the Philippines. The company was founded in 2013 and is based in Sheung Wan, Hong Kong.Show more
- Revenue$30M-4.3%
- EBITDA$8M-28.7%
- Net Income$6M-38.9%
- EPS (Diluted)3.32-34.9%
- Gross Margin53.69%-8.5%
- EBITDA Margin27.43%-25.6%
- Operating Margin23.32%-29.1%
- Net Margin18.28%-36.2%
- ROE65.48%-7.2%
- Debt/Equity0.36+27.4%
- Interest Coverage202.59+141.3%
GLXG Key Insights
Galaxy Payroll Group Limited (GLXG) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Excellent 3Y average ROE of 112.9%
- ✓FCF machine: 22.1% free cash flow margin
- ✓High quality earnings: Operating CF exceeds net income
- ✓Share count reduced 6.6% through buybacks
- ✓Healthy 5Y average net margin of 30.7%
- ✓Efficient asset utilization: 1.1x turnover
✗Weaknesses
- ✗Weak momentum: RS Rating 2 (bottom 2%)
- ✗Dividend payout exceeds 100% of earnings
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
GLXG Price & Volume
Galaxy Payroll Group Limited (GLXG) stock price & volume — 10-year historical chart
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GLXG Growth Metrics
Galaxy Payroll Group Limited (GLXG) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years-4.68%
TTM-
Profit CAGR
10 Years-
5 Years-
3 Years-17.18%
TTM-
EPS CAGR
10 Years-
5 Years-
3 Years-15.28%
TTM-
Return on Capital
10 Years116.82%
5 Years116.82%
3 Years118.95%
Last Year77.77%
GLXG Peer Comparison
Galaxy Payroll Group Limited (GLXG) competitors in Payroll, PEO and HCM Services — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 HCKT | 350.31M | 13.89 | 29.55 | -2.62% | 4.23% | 12.82% | 9.26% | 1.17 |
 KFRC | 801.86M | 43.87 | 22.38 | -5.43% | 2.6% | 27.22% | 5.84% | 0.56 |
 KELYA | 345.66M | 9.82 | -1.36 | -1.87% | -5.98% | -26.02% | 33.01% | 0.16 |
 TBI | 181.58M | 6.04 | -3.75 | 3.1% | -2.97% | -16.17% | 0.62 | |
 HSII | 1.23B | 59.01 | 143.93 | 7.15% | 3.05% | 7.28% | 10.12% | 0.22 |
 ADP | 84.8B | 210.60 | 21.10 | 7.07% | 20.12% | 68.69% | 5.63% | 1.46 |
 PAYX | 33.33B | 92.85 | 20.27 | 5.56% | 26.45% | 41.13% | 5.28% | 1.22 |
 PAYC | 7.36B | 131.68 | 14.76 | 11.19% | 22.65% | 26.51% | 4.63% | 0.05 |
Compare GLXG vs Peers
Galaxy Payroll Group Limited (GLXG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
GLXG Income Statement
Galaxy Payroll Group Limited (GLXG) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Jun'21 | Jun'22 | Jun'23 | Jun'24 |
|---|---|---|---|---|
| Sales/Revenue | 34.79M | 46.92M | 31.47M | 30.12M |
| Revenue Growth % | - | 34.86% | -32.93% | -4.26% |
| Cost of Goods Sold | 11.48M | 11.7M | 13M | 13.95M |
| COGS % of Revenue | 32.99% | 24.93% | 41.31% | 46.31% |
| Gross Profit | 23.31M▲ 0% | 35.22M▲ 51.1% | 18.47M▼ 47.6% | 16.17M▼ 12.4% |
| Gross Margin % | 67.01% | 75.07% | 58.69% | 53.69% |
| Gross Profit Growth % | - | 51.08% | -47.56% | -12.42% |
| Operating Expenses | 11.45M | 8.14M | 8.12M | 9.15M |
| OpEx % of Revenue | 32.92% | 17.36% | 25.79% | 30.37% |
| Selling, General & Admin | 11.45M | 7.77M | 7.81M | 8.64M |
| SG&A % of Revenue | 32.92% | 16.56% | 24.81% | 28.66% |
| Research & Development | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - |
| Other Operating Expenses | 0 | 373.57K | 310.31K | 513.71K |
| Operating Income | 11.86M▲ 0% | 27.08M▲ 128.3% | 10.35M▼ 61.8% | 7.02M▼ 32.1% |
| Operating Margin % | 34.09% | 57.71% | 32.89% | 23.32% |
| Operating Income Growth % | - | 128.33% | -61.77% | -32.13% |
| EBITDA | 13.16M | 28.41M | 11.6M | 8.26M |
| EBITDA Margin % | 37.82% | 60.56% | 36.85% | 27.43% |
| EBITDA Growth % | - | 115.96% | -59.18% | -28.74% |
| D&A (Non-Cash Add-back) | 1.3M | 1.33M | 1.25M | 1.24M |
| EBIT | 12.55M | 27.49M | 10.94M | 7.32M |
| Net Interest Income | -223.81K | -425.32K | -154.09K | -114.86K |
| Interest Income | 9.86K | 84 | 3.03K | 3.63K |
| Interest Expense | 233.67K | 238.74K | 123.27K | 34.67K |
| Other Income/Expense | 454.34K | 178.09K | 466.09K | 264.81K |
| Pretax Income | 12.31M▲ 0% | 27.25M▲ 121.3% | 10.82M▼ 60.3% | 7.29M▼ 32.6% |
| Pretax Margin % | 35.39% | 58.09% | 34.37% | 24.2% |
| Income Tax | 2.62M | 4.7M | 1.81M | 1.78M |
| Effective Tax Rate % | 21.28% | 17.23% | 16.69% | 24.47% |
| Net Income | 9.69M▲ 0% | 22.56M▲ 132.7% | 9.01M▼ 60.1% | 5.51M▼ 38.9% |
| Net Margin % | 27.86% | 48.08% | 28.64% | 18.28% |
| Net Income Growth % | - | 132.75% | -60.06% | -38.9% |
| Net Income (Continuing) | 9.69M | 22.56M | 9.01M | 5.51M |
| Discontinued Operations | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 5.46▲ 0% | 12.70▲ 132.6% | 5.10▼ 59.8% | 3.32▼ 34.9% |
| EPS Growth % | - | 132.6% | -59.84% | -34.9% |
| EPS (Basic) | 5.97 | 13.90 | 5.55 | 3.32 |
| Diluted Shares Outstanding | 1.77M | 1.77M | 1.77M | 1.66M |
| Basic Shares Outstanding | 1.62M | 1.62M | 1.62M | 1.66M |
| Dividend Payout Ratio | 15.48% | 83.89% | 109.69% | 171.85% |
GLXG Balance Sheet
Galaxy Payroll Group Limited (GLXG) balance sheet — assets, liabilities & shareholders' equity
| Line item | Jun'21 | Jun'22 | Jun'23 | Jun'24 |
|---|---|---|---|---|
| Total Current Assets | 34.81M | 26.63M | 24.15M | 16.2M |
| Cash & Short-Term Investments | 27M | 12.97M | 16.44M | 10.86M |
| Cash Only | 27M | 12.97M | 16.44M | 10.86M |
| Short-Term Investments | 0 | 0 | 0 | 0 |
| Accounts Receivable | 3.93M | 10.77M | 3.71M | 3.31M |
| Days Sales Outstanding | 41.26 | 83.77 | 43.06 | 40.1 |
| Inventory | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - |
| Other Current Assets | 1M | 1M | 1.01M | 0 |
| Total Non-Current Assets | 2.33M | 6.13M | 6.12M | 10.39M |
| Property, Plant & Equipment | 2.33M | 2.47M | 1.19M | 2.54M |
| Fixed Asset Turnover | 14.94x | 19.03x | 26.48x | 11.87x |
| Goodwill | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 1.28K | 0 |
| Other Non-Current Assets | 0 | 3.66M | 4.93M | 7.85M |
| Total Assets | 37.14M▲ 0% | 32.76M▼ 11.8% | 30.28M▼ 7.6% | 26.59M▼ 12.2% |
| Asset Turnover | 0.94x | 1.43x | 1.04x | 1.13x |
| Asset Growth % | - | -11.79% | -7.57% | -12.19% |
| Total Current Liabilities | 26.4M | 16.57M | 19.94M | 18.86M |
| Accounts Payable | 124.59K | 105.09K | 66.08K | 41.82K |
| Days Payables Outstanding | 3.96 | 3.28 | 1.86 | 1.09 |
| Short-Term Debt | 3.97M | 2.93M | 2M | 17.97K |
| Deferred Revenue (Current) | 5.31M | 4.44M | 4.86M | 4.42M |
| Other Current Liabilities | 0 | 0 | 0 | -17.97K |
| Current Ratio | 1.32x | 1.61x | 1.21x | 0.86x |
| Quick Ratio | 1.32x | 1.61x | 1.21x | 0.86x |
| Cash Conversion Cycle | - | - | - | - |
| Total Non-Current Liabilities | 3.68M | 990.96K | 0 | 1.25M |
| Long-Term Debt | 2.93M | 0 | 0 | 0 |
| Capital Lease Obligations | 744.82K | 990.96K | 0 | 1.25M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 |
| Total Liabilities | 30.07M | 17.56M | 19.94M | 20.11M |
| Total Debt | 8.69M | 5.04M | 2.96M | 2.36M |
| Net Debt | -18.31M | -7.93M | -13.48M | -8.49M |
| Debt / Equity | 1.23x | 0.33x | 0.29x | 0.36x |
| Debt / EBITDA | 0.66x | 0.18x | 0.26x | 0.29x |
| Net Debt / EBITDA | -1.39x | -0.28x | -1.16x | -1.03x |
| Interest Coverage | 50.75x | 113.41x | 83.96x | 202.59x |
| Total Equity | 7.06M▲ 0% | 15.2M▲ 115.2% | 10.34M▼ 32.0% | 6.48M▼ 37.4% |
| Equity Growth % | - | 115.24% | -31.97% | -37.38% |
| Book Value per Share | 3.98 | 8.56 | 5.83 | 3.91 |
| Total Shareholders' Equity | 7.06M | 15.2M | 10.34M | 6.48M |
| Common Stock | 77.63K | 77.63K | 77.63K | 77.63K |
| Retained Earnings | 6.92M | 15.07M | 10.26M | 6.38M |
| Treasury Stock | 0 | 0 | 0 | 0 |
| Accumulated OCI | 98.84K | 86.73K | 41.15K | 54.35K |
| Minority Interest | 0 | 0 | 0 | 0 |
GLXG Cash Flow Statement
Galaxy Payroll Group Limited (GLXG) cash flow — operating, investing & free cash flow history
| Line item | Jun'21 | Jun'22 | Jun'23 | Jun'24 |
|---|---|---|---|---|
| Cash from Operations | 7.2M | 12M | 16.09M | 6.73M |
| Operating CF Margin % | 20.69% | 25.58% | 51.12% | 22.33% |
| Operating CF Growth % | - | 66.74% | 34.06% | -58.19% |
| Net Income | 9.69M | 22.56M | 9.01M | 5.51M |
| Depreciation & Amortization | 1.3M | 1.33M | 1.25M | 1.24M |
| Stock-Based Compensation | 0 | 0 | 0 | 0 |
| Deferred Taxes | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 0 | 5.25K | -61.36K | 101.6K |
| Working Capital Changes | -3.79M | -11.9M | 5.89M | -120.35K |
| Change in Receivables | 971.48K | -5.6M | 6.85M | -407.38K |
| Change in Inventory | 0 | 0 | 0 | 0 |
| Change in Payables | -7.43K | -19.5K | -39.02K | -24.25K |
| Cash from Investing | -361.29K | 0 | -25.3K | -59.45K |
| Capital Expenditures | -361.29K | 0 | -25.3K | -59.45K |
| CapEx % of Revenue | 1.04% | 0% | 0.08% | 0.2% |
| Acquisitions | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 |
| Cash from Financing | 769.39K | -26.05M | -12.59M | -13.29M |
| Debt Issued (Net) | 2.27M | -3.97M | -933.28K | -2M |
| Equity Issued (Net) | 0 | -51.58K | -28.93K | -29.89K |
| Dividends Paid | -1.5M | -18.92M | -9.88M | -9.46M |
| Share Repurchases | 0 | 0 | 0 | 0 |
| Other Financing | 0 | -3.11M | -1.75M | -1.79M |
| Net Change in Cash | 7.79M▲ 0% | -14.03M▼ 280.2% | 3.48M▲ 124.8% | -6.59M▼ 289.6% |
| Free Cash Flow | 6.83M▲ 0% | 12M▲ 75.6% | 16.06M▲ 33.9% | 6.67M▼ 58.5% |
| FCF Margin % | 19.65% | 25.58% | 51.04% | 22.13% |
| FCF Growth % | - | 75.56% | 33.85% | -58.5% |
| FCF per Share | 3.85 | 6.76 | 9.05 | 4.02 |
| FCF Conversion (FCF/Net Income) | 0.74x | 0.53x | 1.79x | 1.22x |
| Interest Paid | 233.67K | 238.74K | 123.27K | 34.67K |
| Taxes Paid | 5M | 3.62M | 1.71M | 2.13M |
GLXG Key Ratios
Galaxy Payroll Group Limited (GLXG) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Return on Equity (ROE) | 137.24% | 202.65% | 70.56% | 65.48% |
| Return on Invested Capital (ROIC) | - | 279.47% | 375.8% | - |
| Gross Margin | 67.01% | 75.07% | 58.69% | 53.69% |
| Net Margin | 27.86% | 48.08% | 28.64% | 18.28% |
| Debt / Equity | 1.23x | 0.33x | 0.29x | 0.36x |
| Interest Coverage | 50.75x | 113.41x | 83.96x | 202.59x |
| FCF Conversion | 0.74x | 0.53x | 1.79x | 1.22x |
| Revenue Growth | - | 34.86% | -32.93% | -4.26% |
GLXG Frequently Asked Questions
Galaxy Payroll Group Limited (GLXG) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Galaxy Payroll Group Limited (GLXG) reported $2.4M in revenue for fiscal year 2024. This represents a 93% decrease from $34.8M in 2021.
Galaxy Payroll Group Limited (GLXG) saw revenue decline by 4.3% over the past year.
Yes, Galaxy Payroll Group Limited (GLXG) is profitable, generating $0.2M in net income for fiscal year 2024 (18.3% net margin).
Dividend & Returns
Yes, Galaxy Payroll Group Limited (GLXG) pays a dividend with a yield of 69.38%. This makes it attractive for income-focused investors.
Galaxy Payroll Group Limited (GLXG) has a return on equity (ROE) of 65.5%. This is excellent, indicating efficient use of shareholder capital.
Galaxy Payroll Group Limited (GLXG) generated $0.4M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Explore More GLXG
Galaxy Payroll Group Limited (GLXG) financial analysis — history, returns, DCA and operating performance tools
Total Return Calculator
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Dividend History
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Earnings History
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Price History
Long-term charts & historical price data
Revenue History
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Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
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