GLXG

MKT CAP:$3M

Galaxy Payroll Group Limited

Market Cap

$3M

Industrials·Staffing & Employment Services·🇭🇰 Hong Kong·NASDAQ

Industrials·Staffing·🇭🇰·NASDAQ

Stock Price

$1.84+$0.08 (+4.55%)

Apr 23, 2026

Company Details

Galaxy 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,...

CEO

Wai Hong Lao

IPO Date

Sep 12, 2024

Website

www.galaxy-hk.com

Key Metrics TTM

Revenue

$3M

+21.1% YoY

Net Income

-$899.9K

EPS (Diluted)

-$0.51

Free Cash Flow

$239.1K

Revenue / Share

$1.64

Gross Margin

22.0%

Operating Margin

-30.4%

Net Margin

-30.5%

FCF Margin

8.1%

P/S

1.0x

P/E

—

Earnings Reports

FY 2025

Oct 24, 2025

$448.6K-88.3%EPS -$0.25

Q4 2025

Oct 24, 2025

$221.7K-77.1%EPS -$0.18

Q2 2025

Dec 30, 2024

$883.6K-8.1%EPS -$0.08

Q1 2025

Sep 30, 2024

$882.8KEPS -$0.29

FY 2024

Nov 8, 2024

$4M-4.3%EPS $0.42

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 23	$255.2K	$146.2K	$70.5K
Q4 23	$257.2K	$152.0K	$101.6K
Q2 24	$961.9K	$121.4K	$43.2K
Q3 24	$965.0K	$556.0K	$280.1K
Q4 24	$967.0K	$141.7K	$71.8K
Q1 25	$882.8K	$317.6K	-$514.9K
Q2 25	$883.6K	$81.6K	-$132.4K
Q4 25	$221.7K	$109.4K	-$321.5K

Valuation

Quarter	P/S	P/E
Q2 23	—	—
Q4 23	—	—
Q2 24	—	—
Q3 24	1.2x	7.5x
Q4 24	0.9x	7.5x
Q1 25	0.8x	—
Q2 25	0.8x	—
Q4 25	1.0x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q2 23	$131.8K	$131.5K
Q4 23	$130.1K	$129.9K
Q2 24	$39.6K	$38.7K
Q4 24	$70.5K	$70.5K
Q2 25	$0	$0

Capital Expenditures

Quarter	CapEx
Q2 23	$217
Q4 23	$190
Q2 24	$972
Q4 24	$4
Q2 25	$0

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 24	+279.0%	+384.8%
Q1 25	+243.2%	+797.9%
Q2 25	-8.1%	+10.6%
Q4 25	-77.0%	-20.7%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q2 23	$0	0.0%
Q4 23	$0	0.0%
Q2 24	$0	0.0%
Q4 24	$0	0.0%
Q2 25	$0	0.0%

OpEx Breakdown

Quarter	R&D	G&A	S&M	SG&A
Q2 23	—	—	—	$75.7K
Q4 23	—	—	—	$50.5K
Q2 24	—	—	$3.2K	—
Q3 24	—	$272.3K	$3.7K	—
Q4 24	—	—	$3.7K	—
Q1 25	—	—	—	$832.5K
Q2 25	—	—	—	$214.0K
Q4 25	$305.5K	—	—	$125.4K

War Chest

Quarter	Cash	Short-term Investments	Total
Q4 22	$2M	$0	$2M
Q2 23	$1M	$0	$1M
Q4 23	$2M	$0	$2M
Q2 24	$947.3K	$0	$947.3K
Q3 24	$1M	$0	$1M
Q4 24	$1M	$0	$1M
Q1 25	$4M	$0	$4M
Q2 25	$539.9K	$0	$539.9K
Q4 25	$522.4K	$0	$522.4K

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 23	2M	—	—
Q4 23	2M	0.0%	—
Q2 24	2M	0.0%	—
Q3 24	2M	-9.9%	—
Q4 24	2M	0.0%	-9.9%
Q1 25	2M	+7.2%	-3.4%
Q2 25	2M	0.0%	-3.4%
Q4 25	2M	+5.0%	+12.6%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 23	—	—
Q4 23	—	—
Q2 24	—	—
Q3 24	—	—
Q4 24	$322.3K	3
Q1 25	$294.3K	3
Q2 25	$294.5K	3
Q4 25	$73.9K	3

Revenue / Employee