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Galaxy Payroll Group Ltd (GLXG) stock

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NASDAQ: GLXG Nasdaq Human Resource & Employment Services

D Fundamentals grade

Galaxy Payroll Group Ltd is a US-listed company in the human resource & employment services industry. Its financial year ends in June.

Stock price today

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Third-party market data · may be delayed

Model estimate per share

~$0.3

Price-to-sales vs peers

Base case. Range ~$0.2–$1.3. Sales per share times peers' typical price-to-sales; used only when earnings are negative.

Price vs value

No Buy/Hold/Sell rating is issued: only 1 valuation models apply; a rating needs 3.

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Funds5 adding, 0 cuttingOf 0 active managers that changed their stake, 0 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Galaxy Payroll Group files

Where Galaxy Payroll stands after its latest Filing

Galaxy Payroll has little or no product revenue yet; it used $1m of cash in the twelve months. The diluted share count is up 55.7% on a year earlier, which dilutes existing holders. Against its peers on growth, profitability, cash generation and balance sheet, it grades D. It passes 2 of our 3 financial-health checks. Our price-to-sales vs peers value is $0.29 a share, against a share price of $0.64.

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Galaxy Payroll Group Ltd's trailing-twelve-month revenue grew 4.8% year on year, with a free-cash-flow margin of -28.5%. Where it stands out: days sales outstanding of 41 days ranks 2 of 18 human resource & employment services companies we cover. Where it lags: net margin of -36.9% ranks 20 of 21 human resource & employment services companies we cover.

Current signal Revenue growth accelerating: TTM revenue growth rose to 4.8% (+13.4pp vs the prior quarter).

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Strengths

  • Growth speeding up. The growth rate is 13.4 points higher than a quarter earlier.
  • Margins widening. Operating margin is up 62.8 points on a year ago.
  • Net cash. Cash exceeds long-term debt by $0.0bn.

Things to watch

  • Loss-making. Operating margin is -38.4%: costs exceed revenue.
  • Burning cash. Free cash flow was -28.5% of revenue over the last 12 months.
  • Share dilution. Diluted shares rose 55.7% in a year.
  • Gross margin slipping. Gross margin is down 6.2 points on a year ago.
  • Below peers: stock pay as % of revenue. Stock pay as % of revenue of 12.4% ranks 18 of 20 human resource & employment services companies we cover (median 1.3%).

Price chart

  • 1 day-4.5%
  • 1 week-29.9%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$3.7M
Operating margin
-38.4%
Net margin
-36.9%
EPS (TTM, diluted)
$-0.48

Growth

Revenue growth
+4.8%
Change in growth rate
+13.4 pts
Share count change
+55.7%

Cash

Free cash flow (TTM)
-$1.1M
FCF margin
-28.5%
Stock pay % of revenue
12.4%

News & updates

Updated November 2, 2026

Company announcements, filed results and changes that matter to shareholders.

No recent updates are available for GLXG from the sources we follow. See filings →

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: only 1 valuation models apply; a rating needs 3.

Valuation models

We value Galaxy Payroll Group Ltd as an operating company, with every model that fits that kind of business. Cost of equity 8.4%: the 10-year Treasury yield (4.9%) plus a beta of 0.77 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. — Does not apply: revenue and margins don't support a positive value
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. — Does not apply: no positive earnings in the latest twelve months
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$5.3 ~$3.9–$7.3 Left out: out of range vs price (8.62x)
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$4.8 ~$4.0–$5.9 Left out: out of range vs price (7.84x)
Price-to-sales vs peers Sales per share times peers' typical price-to-sales; used only when earnings are negative. ~$0.3 ~$0.2–$1.3 Included, half weight
Combined value Weighted average of the models that apply: the primary model (revenue-to-maturity model) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$0.3 ~$0.2–$1.3 1 model

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Galaxy Payroll Group Ltd with Human Resource & Employment Services in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: High.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

No analyst estimates are published for Galaxy Payroll Group Ltd: too few analysts cover it.

Positioning

Short interest
0.6%
of tradable shares
Days to cover
0.3
at average volume
Short interest, 1 month
−40%
to October 15, 2026
Held by institutions
1%
of shares
Held by insiders
6.4%
of shares

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

Price behaviour

52-week range
Not enough history
From 52-week high
—
vs 50-day average
—
vs 200-day average
—
Volatility (1 year)
—
Beta vs S&P 500
—

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Galaxy Payroll Group Ltd in five measures

Fundamentals grade D
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Galaxy Payroll Group Ltd
$3M $4M $5M $6M $7M FY22 Q4 FY23 Q4 FY24 Q4 FY25 Q4 FY26 Q4 Revenue (TTM), FY22 Q4: $6M Revenue (TTM), FY23 Q4: $4M Revenue (TTM), FY24 Q4: $3.9M Revenue (TTM), FY25 Q4: $3.5M Revenue (TTM), FY26 Q4: $3.7M $3.7M

Source: SEC EDGAR filings. Retrieved Invalid Date.

View chart data
Period Revenue (TTM)
FY22 Q4 $6M
FY23 Q4 $4M
FY24 Q4 $3.9M
FY25 Q4 $3.5M
FY26 Q4 $3.7M
Revenue growth, TTM YoY Galaxy Payroll Group Ltd
-40% -30% -20% -10% 0% 10% FY23 Q4 FY24 Q4 FY25 Q4 FY26 Q4 Revenue growth, TTM YoY, FY23 Q4: -33.2% Revenue growth, TTM YoY, FY24 Q4: -4.0% Revenue growth, TTM YoY, FY25 Q4: -8.6% Revenue growth, TTM YoY, FY26 Q4: 4.8% 4.8%

Source: SEC EDGAR filings. Retrieved Invalid Date.

View chart data
Period Revenue growth, TTM YoY
FY23 Q4 -33.2%
FY24 Q4 -4.0%
FY25 Q4 -8.6%
FY26 Q4 4.8%
Operating margin (TTM) Galaxy Payroll Group Ltd
-150% -100% -50% 0% 50% 100% FY22 Q4 FY23 Q4 FY24 Q4 FY25 Q4 FY26 Q4 Operating margin (TTM), FY22 Q4: 57.7% Operating margin (TTM), FY23 Q4: 32.9% Operating margin (TTM), FY24 Q4: 23.3% Operating margin (TTM), FY25 Q4: -101.2% Operating margin (TTM), FY26 Q4: -38.4% -38.4%

Source: SEC EDGAR filings. Retrieved Invalid Date.

View chart data
Period Operating margin (TTM)
FY22 Q4 57.7%
FY23 Q4 32.9%
FY24 Q4 23.3%
FY25 Q4 -101.2%
FY26 Q4 -38.4%
FCF margin (TTM) Galaxy Payroll Group Ltd
-150% -100% -50% 0% 50% 100% FY23 Q4 FY24 Q4 FY25 Q4 FY26 Q4 FCF margin (TTM), FY23 Q4: 51.0% FCF margin (TTM), FY24 Q4: 22.1% FCF margin (TTM), FY25 Q4: -101.2% FCF margin (TTM), FY26 Q4: -28.5% -28.5%

Source: SEC EDGAR filings. Retrieved Invalid Date.

View chart data
Period FCF margin (TTM)
FY23 Q4 51.0%
FY24 Q4 22.1%
FY25 Q4 -101.2%
FY26 Q4 -28.5%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 20-F. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Galaxy Payroll Group Ltd: annual financial statements
Fiscal year 2022 Jun 2022 2023 Jun 2023 2024 Jun 2024 2025 Jun 2025 2026 Jun 2026
Income
Revenue 6,011 4,015 3,853 3,521 3,689
Gross profit 4,512 2,356 2,068 1,500 1,343
EBITDA 3,492 1,340 912 −3,550 −1,404
Operating income 3,469 1,321 898 −3,564 −1,418
Net income 2,890 1,150 704 −3,539 −1,360
Diluted EPS — $0.72 $0.44 −$1.96 −$0.48
Growth (year on year)
Revenue — −33.2% −4.0% −8.6% +4.8%
EBITDA — −61.6% −31.9% −489.0% —
Operating income — −61.9% −32.0% −496.7% —
Net income — −60.2% −38.8% −602.7% —
Diluted EPS — — −38.8% −545.6% —
Margins
Gross margin 75.1% 58.7% 53.7% 42.6% 36.4%
EBITDA margin 58.1% 33.4% 23.7% −100.8% −38.1%
Operating margin 57.7% 32.9% 23.3% −101.2% −38.4%
Net margin 48.1% 28.6% 18.3% −100.5% −36.9%
Free-cash-flow margin — 51.0% 22.1% −101.2% −28.5%
Cash flow
Cash from operations 1,537 2,053 860 −3,557 −1,042
Capital spending — 3 8 8 9
Free cash flow — 2,049 853 −3,565 −1,051
Stock-based pay — — — — 457
Free cash flow after stock pay — — — — −1,508
Balance sheet
Cash 1,780 2,227 1,390 4,101 3,582
Total debt 0 0 0 0 0
Net debt (negative = net cash) −1,780 −2,227 −1,390 −4,101 −3,582
Diluted shares 2m 2m 2m 2m 3m
Returned to shareholders
Dividends 2,425 1,261 1,210 753 —
Total returned 2,425 1,261 1,210 753 —

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

2 of 3 checks passed · June 30, 2026
What it owns · $5m
Short-term assets $5mLonger-term assets $0m
What it owes, and who funded it · $5m
Short-term liabilities $2mLonger-term liabilities $0mShareholders' equity $3m
  • Short-term assets cover short-term liabilities $5m of assets due within a year against $2m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $5m short-term assets against $158,199 of longer-dated liabilities.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Operating income of −$1m against $6,139 of interest.

From Galaxy Payroll Group Ltd's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Dividends (TTM)
$753,010
Returned to shareholders
-21%
of free cash flow
Diluted share count
+55.7%
year over year
R&D spending
68.1%
of revenue
Sales & admin spending
74.8%
of revenue
Days sales outstanding
41 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in human resource & employment services
Growth, margins and cash generation against peers
Last 12 months unless stated GLXG BIYA CLIK HQI JOB STRR Median
Revenue, last 12 months $4m $16m $17m $30m $84m $210m $1.7bn
Revenue growth, last 12 months 4.8% 28.6% 61.4% −7.5% −15.1% 52.1% 5.6%
Revenue growth, 3-year average — — — −4.6% −19.2% 5.2% −0.5%
Revenue growth, latest quarter — — — 6.0% −15.3% 54.6% 5.2%
Gross margin 36.4% 11.5% 16.0% 99.0% 37.4% 42.0% 28.0%
Operating margin −38.4% −58.1% 0.6% 28.4% −1.0% −3.4% 1.0%
Operating margin, 3-year average — — — 20.3% −16.1% −2.5% 2.3%
Net margin −36.9% −57.8% 10.8% 27.1% −0.1% −4.3% 1.5%
Cash from operations / revenue −28.2% −45.1% −2.1% 31.5% 1.9% −4.6% 1.9%
Free-cash-flow margin −28.5% −45.2% −4.4% 31.4% 1.7% −6.8% 1.2%
Free-cash-flow margin, 3-year average — — — 37.3% 1.0% −2.5% 2.4%
Stock pay / revenue 12.4% 37.0% 13.3% 2.7% 0.5% 1.0% 1.3%
Change in share count 55.7% 373.2% >999% −0.4% 18.9% 19.6% −0.1%

Median of all 21 companies we cover in human resource & employment services. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

21 human resource & employment services companies
Measures ranked against peers
Measure Company Peer median Rank
Revenue growth Growth 4.8% 5.6% 12 of 21
Change in growth rate Growth +13.4pp +0.5pp 4 of 20
Gross margin Profitability 36.4% 27.8% 7 of 17
Operating margin Profitability -38.4% 0.6% 18 of 19
Net margin Profitability -36.9% 1.5% 20 of 21
Free-cash-flow margin Cash generation -28.5% 1.2% 20 of 21
Stock pay as % of revenue Cash generation 12.4% 1.3% 18 of 20
Change in share count Balance sheet 55.7% -0.1% 18 of 20
Days sales outstanding Balance sheet 41 days 68 days 2 of 18

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Reported value
$103,842
Institutions reporting
5
Positions opened / closed
5 / 0

Top buyers and sellers, Q2 2026: 5 institutions bought and 0 sold ; the biggest buyer was Jane Street Group, LLC (+33K shares) . See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Jane Street Group, LLC $40,574 33K 39.1% —
Virtu Financial LLC $30,000 24K 28.9% —
Scientech Research LLC $26,922 22K 25.9% —
UBS Group AG $6,345 5K 6.1% —
Caitong International Asset Management Co., Ltd $1 0K 0.0% —

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Galaxy Payroll Group Ltd's complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart

No open-market insider trades reported in the last 12 months.

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Recent SEC filings

Data status

When each part of this page on Galaxy Payroll Group Ltd was last updated.

DataLast updatedSource
Share priceExchange closing prices
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Galaxy Payroll Group Ltd in brief

What does Galaxy Payroll Group Ltd do?
Galaxy Payroll Group Ltd is a US-listed company in the human resource & employment services industry. Its financial year ends in June.
What is Galaxy Payroll Group Ltd's stock ticker?
Galaxy Payroll Group Ltd trades under the ticker GLXG on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Galaxy Payroll Group Ltd's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Galaxy Payroll Group Ltd reported revenue of $3.7M, 4.8% higher than a year earlier, according to its SEC filings.
What is Galaxy Payroll Group Ltd's free cash flow?
Galaxy Payroll Group Ltd's free-cash-flow margin is -28.5% of revenue over the trailing twelve months, ranking 20 of the 21 human resource & employment services companies we cover.
Who are Galaxy Payroll Group Ltd's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Jane Street Group, LLC, Virtu Financial LLC and Scientech Research LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Does Galaxy Payroll Group Ltd pay a dividend?
Yes: Galaxy Payroll Group Ltd paid $753,010 in dividends over the trailing twelve months.
Who are Galaxy Payroll Group Ltd's competitors?
In our Human Resource & Employment Services peer group, the companies closest to Galaxy Payroll Group Ltd are Baiya International Group Inc., Click Holdings Ltd., Hirequest, Inc., GEE Group Inc. and Star Equity Holdings, Inc. The side-by-side comparison below sets their revenue, margins and growth against Galaxy Payroll Group Ltd's.