Financial Snapshot

Revenue
$62.09M
TTM
Gross Margin
55.41%
TTM
Net Earnings
$14.56M
TTM
Current Assets
Q2 2024
Current Liabilities
Q2 2024
Current Ratio
85.88%
Q2 2024
Total Assets
Q2 2024
Total Liabilities
Q2 2024
Book Value
$829.3K
Q2 2024
Cash
Q2 2024
P/E
1.188
Nov 29, 2024 EST
Free Cash Flow
$18.42M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2024 2023 2022 2021
Revenue $3.858M 31.47M hkds 46.92M hkds $34.79M
YoY Change -87.74% -32.93% 34.86%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2024 2023 2022 2021
Revenue $3.858M 31.47M hkds 46.92M hkds $34.79M
Cost Of Revenue $1.787M 13.00M hkds 11.70M hkds $11.48M
Gross Profit $2.071M 18.47M hkds 35.22M hkds $23.31M
Gross Profit Margin 53.69% 58.69% 75.07% 67.01%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2024 2023 2022 2021
Selling, General & Admin $1.159M 8.178M hkds 8.137M hkds $11.33M
YoY Change -85.83% 0.5% -28.19%
% of Gross Profit 55.94% 44.28% 23.1% 48.61%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization 110.2K hkds 154.5K hkds 176.6K hkds $120.9K
YoY Change -28.65% -12.54% 46.04%
% of Gross Profit 5.32% 0.84% 0.5% 0.52%
Operating Expenses $1.172M 8.117M hkds 8.143M hkds $11.45M
YoY Change -85.56% -0.32% -28.9%
Operating Profit $899.6K 10.35M hkds 27.08M hkds $11.86M
YoY Change -91.31% -61.77% 128.33%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2024 2023 2022 2021
Interest Expense $63.12K -$233.6K -$223.8K
YoY Change -127.02% 4.37%
% of Operating Profit 0.61% -0.86% -1.89%
Other Income/Expense, Net $33.91K 466.1K hkds 178.1K hkds $678.2K
YoY Change -92.72% 161.71% -73.74%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2024 2023 2022 2021
Pretax Income $933.5K 10.82M hkds 27.25M hkds $12.31M
YoY Change -91.37% -60.31% 121.35%
Income Tax $228.5K 1.806M hkds 4.696M hkds $2.621M
% Of Pretax Income 24.47% 16.69% 17.23% 21.28%
Net Earnings $705.1K 9.011M hkds 22.56M hkds $9.692M
YoY Change -92.18% -60.06% 132.75%
Net Earnings / Revenue 18.28% 28.64% 48.08% 27.86%
Basic Earnings Per Share $0.04 $0.56 $1.41
Diluted Earnings Per Share $0.51 $1.27 $0.55

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2024 2023 2022 2021
Cash & Short-Term Investments $16.44M $12.97M $27.00M
YoY Change 26.71% -51.96%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $4.006M $2.893M $3.872M
YoY Change 38.49% -25.29%
Inventory
Prepaid Expenses
Receivables $2.250M $9.034M $3.444M
Other Receivables $1.462M $1.734M $489.2K
Total Short-Term Assets $24.15M $26.63M $34.81M
YoY Change -9.3% -23.49%
Property, Plant & Equipment $1.188M $2.465M $2.329M
YoY Change -51.81% 5.85%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $4.936M $3.662M $0.00
YoY Change 34.79%
Total Long-Term Assets $6.124M $6.127M $2.329M
YoY Change -0.05% 163.07%
Total Assets $30.28M $32.76M $37.14M
YoY Change
Accounts Payable $66.08K $105.1K $124.6K
YoY Change -37.12% -15.65%
Accrued Expenses $1.706M $2.190M $2.819M
YoY Change -22.09% -22.32%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $2.001M $2.934M $3.967M
YoY Change -31.81% -26.03%
Total Short-Term Liabilities $19.94M $16.57M $26.40M
YoY Change 20.35% -37.24%
Long-Term Debt $0.00 $0.00 $2.933M
YoY Change -100.0%
Other Long-Term Liabilities $0.00 $991.0K $744.8K
YoY Change -100.0% 33.05%
Total Long-Term Liabilities $0.00 $991.0K $3.678M
YoY Change -100.0% -73.06%
Total Liabilities $19.94M $17.56M $30.07M
YoY Change 13.55% -41.62%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2024 2023 2022 2021
Basic Shares Outstanding 16.00M shares 16.00M shares 16.00M shares
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $17.306 Million

About Galaxy Payroll Group Ltd

Galaxy Payroll Group Ltd is a HK-based company operating in Professional Services industry. The company employs 26 full-time employees The company went IPO on 2024-09-12. Galaxy Payroll Group Ltd is a holding company engaged in the provision of payroll outsourcing services. The firm is principally engaged in the payroll outsourcing services such as conducting computation of salaries, housing provident funds and individual income tax as well as others. In addition, the Company is also engaged in the provision of employment services as well as consultancy and market research services.

Industry: Services-Engineering, Accounting, Research, Management Peers: