Company: GLXG
Filing Date: 2025-10-24
Form Type: 20-F
Source: 0001213900-25-102144
Chunk: 143

Company: Galaxy Payroll Group Ltd
Filing Date: 2025-10-24
Form: 20-F
Item: Item 4A
Chunk 143
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 transactions                                   66,717      101,439      34,722        52  

The following table presented
the Group’s number of customers disaggregated by service lines and the respective revenue contribution to the Group for the years
ended June 30, 2024 and 2023:

 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Direct End-users                                  36       4,585,505       36       7,563,676        968,671       2,978,171       65  
  Indirect end-users referred by the channels       35       9,899,935       22       4,965,443        635,919      (4,934,492      -50  
  Total employment services                         71      14,485,440       58      12,529,119      1,604,590      (1,956,321      -14  
  End-users                                         38       3,592,075       42       3,370,482        431,654        (221,593       -6  
  Indirect end-users referred by the channels      109      13,389,158      114      14,225,351      1,821,824         836,193        6  
  Total payroll outsourcing services               147      16,981,233      156      17,595,833      2,253,478         614,600        4  
  Total                                            218      31,466,673      214      30,124,952      3,858,068      (1,341,721       -4  

Total number of customers
decreased by 4 (from 218 to 214), total revenues of the Group decreased by HKD1,341,721 or -4% to HKD30,124,952 (US$3,858,068) for the
year ended June 30, 2024 from HKD31,466,673 for the year ended June 30, 2023. The decrease was the slight decline in employment services
of an amount of HKD1,956,321, although there is a slight growth in payroll outsourcing services of an amount HKD614,600. Therefore, the
overall revenue is decreased.

Our revenue in respect of