Galaxy Payroll Group Limited (GLXG)

Galaxy Payroll Group Income Statement

Financials in millions HKD. Fiscal year is July - June.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Revenue	30.12	31.47	46.92	34.79	35.3
Revenue Growth (YoY)	-4.26%	-32.93%	34.86%	-1.44%	-
Cost of Revenue	13.95	13	11.7	11.48	9.81
Gross Profit	16.17	18.47	35.22	23.31	25.49
Selling, General & Admin	9.05	8.18	8.14	11.45	17.25
Operating Expenses	9.15	8.12	8.14	11.45	17.39
Operating Income	7.02	10.35	27.08	11.86	8.1
Interest Expense	-0.03	-0.12	-0.24	-0.23	-0.21
Interest & Investment Income	0.22	0.19	0.01	0.01	0.09
Other Non Operating Income (Expenses)	0.08	0.4	0.41	0.68	0.16
Pretax Income	7.29	10.82	27.25	12.31	8.13
Income Tax Expense	1.78	1.81	4.7	2.62	3.53
Net Income	5.51	9.01	22.56	9.69	4.61
Net Income to Common	5.51	9.01	22.56	9.69	4.61
Net Income Growth	-38.90%	-60.06%	132.75%	110.36%	-
Shares Outstanding (Basic)	16	16	16	16	16
Shares Outstanding (Diluted)	16	16	16	16	16
EPS (Basic)	0.34	0.56	1.41	0.61	0.29
EPS (Diluted)	0.34	0.56	1.41	0.61	0.29
EPS Growth	-38.90%	-60.06%	132.75%	110.36%	-
Free Cash Flow	6.67	16.06	12	6.83	-7.88
Free Cash Flow Per Share	0.42	1.00	0.75	0.43	-0.49
Dividend Per Share	-	1.450	1.150	-	-
Dividend Growth	-	26.09%	-	-	-
Gross Margin	53.69%	58.69%	75.07%	67.01%	72.22%
Operating Margin	23.32%	32.89%	57.71%	34.09%	22.95%
Profit Margin	18.28%	28.64%	48.08%	27.86%	13.05%
Free Cash Flow Margin	22.13%	51.04%	25.58%	19.65%	-22.33%
EBITDA	7.13	10.5	27.25	11.98	8.21
EBITDA Margin	23.68%	33.38%	58.09%	34.44%	23.27%
D&A For EBITDA	0.11	0.15	0.18	0.12	0.11
EBIT	7.02	10.35	27.08	11.86	8.1
EBIT Margin	23.32%	32.89%	57.71%	34.09%	22.95%
Effective Tax Rate	24.47%	16.69%	17.23%	21.28%	43.35%
Revenue as Reported	30.12	31.47	46.92	34.79	35.3
Advertising Expenses	0.11	0.07	0.16	-	-

Source: S&P Capital IQ. Standard template. Financial Sources.