Company: GLXG
Filing Date: 2025-10-24
Form Type: 20-F
Source: 0001213900-25-102144
Chunk: 0

Company: Galaxy Payroll Group Ltd
Filing Date: 2025-10-24
Form: 20-F
Item: Item 3
Chunk 0
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Item 3. Key Information

A. Selected Financial Data

The following table presents
the selected consolidated financial information for our Company. Our historical results do not necessarily indicate results expected for
any future periods. The selected consolidated financial data should be read in conjunction with, and are qualified in their entirety by
reference to, our audited consolidated financial statements and related notes and“ Item 5. Operating and Financial Review and
Prospects”below. Our audited consolidated financial statements are prepared and presented in accordance with U. S. GAAP.

The summary consolidated statements
of operations and cash flow

                                                               For the Year Ended June 30,                                                                                         
                                                               2023                                              2024                       2025                                   
                                                               HKD                                               HKD                        HKD                                    
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  REVENUE                                                      $                                 31,466,673      $          30,124,952      $          27,429,319       3,494,225  
  Direct cost of revenues                                                                       (12,999,672                (13,951,669                (15,748,088      (2,006,151  
  Gross profit                                                                                   18,467,001                 16,173,283                 11,681,231       1,488,074  
  Selling, general and administrative expenses                                                   (8,178,103                 (9,047,204                (20,830,556      (2,653,608  
  Research and development expenses                                                                       -                          -                (18,686,290      (2,380,449  
  Reversal of provision for (Provision for) credit losses                                            61,357                   (101,598                     77,218           9,837  
  Income (Loss) from operation                                                                   10,350,255                  7,024,481                (27,758,397      (3,536,146  
  Interest income                                                                                   186,390                    221,723                    757,385          96,483  
  Interest expense                                                                                 (123,269                    (34,674                    (59,771          (7,614  
  Other income                                                                                      402,967                     77,762                     27,658           3,523  
  INCOME (LOSS) BEFORE INCOME TAXES                                                              10,816,343