Galaxy Payroll Group Limited (GLXG) Cash Flow Statement
Where GLXG’s cash came from and went, FY2025
June 30, 2025 · U.S. dollars- Cash from operations
- −$3.6M −129.6% vs FY2022
- Capital expenditures
- $8,108 0.2% of revenue
- Free cash flow
- −$3.6M −101.2% margin
- Returned to shareholders
- $752,896
- Change in cash
- $2.7M cash at year-end $4.1M
Drawn to scale: where the cash came from and how it was used. Hover for values.
GLXG operating cash flow, capex and free cash flow
GLXG cash flow trends, FY2020–FY2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | −$7.8MFY2020 | −$3.6MFY2025 | — | |
| Capital expenditures | $72,356FY2020 | $8,108FY2025 | −66.5%/yr | |
| Free cash flow | −$7.9MFY2020 | −$3.6MFY2025 | — | |
| Free cash flow margin | −22.3%FY2020 | −101.2%FY2025 | −78.9 pts | |
| Operating cash flow / net income | −1.69FY2020 | 0.53FY2022 | +2.23 | |
| Dividends paid | $6.8MFY2020 | $752,896FY2025 | −66.7%/yr | |
| Capex / revenue | 0.2%FY2020 | 0.2%FY2025 | 0.0 pts |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
GLXG cash flow by activity
GLXG net income vs operating cash flow
Operating cash flow above net income usually means earnings are backed by cash (depreciation and stock-based pay are non-cash expenses).
GLXG cash flow statement
| FY2025 | FY2022 | FY2020 | |
|---|---|---|---|
| Operating activities | |||
| Net income | −$3.5M | $22.6M | $4.6M |
| Depreciation & amortization | $157,568 | $1.3M | $618,859 |
| Change in working capital | −$165,527 | −$11.9M | −$12.4M |
| Other non-cash items | −$9,914 | $5,246 | −$658,361 |
| Cash from operating activities | −$3.6M | $12.0M | −$7.8M |
| Investing activities | |||
| Capital expenditures | −$8,108 | −$5 | −$72,356 |
| Investments (net) | — | $0 | — |
| Acquisitions & other investing | −$23 | — | $0 |
| Cash from investing activities | −$8,131 | — | −$72,356 |
| Financing activities | |||
| Dividends paid | −$752,896 | −$18.9M | −$6.8M |
| Net borrowing (repayment) | — | −$4.0M | — |
| Shares issued | $0 | $0 | $0 |
| Other financing | $7.1M | −$3.2M | $1.9M |
| Cash from financing activities | $6.3M | −$26.0M | −$4.9M |
| Summary | |||
| Net change in cash | $2.7M | −$14.0M | $20.2M |
| Cash at end of period | $4.1M | $14.0M | $20.2M |
| Free cash flow | −$3.6M | $12.0M | −$7.9M |
| Free cash flow margin | −101.2% | 25.6% | −22.3% |
| Capex / revenue | 0.2% | 0.0% | 0.2% |
| Operating cash flow / net income | — | 0.53 | −1.69 |
| Mar '26 | Sep '25 | Sep '24 | Mar '24 | Dec '23 | Sep '23 | Jun '23 | Mar '23 | Dec '22 | Sep '22 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||
| Net income | −$147,054 | −$573,505 | −$3.9M | $1.7M | $271,735 | $1.1M | $710,348 | $2.8M | $437,392 | $1.7M |
| Depreciation & amortization | $79,819 | $311,319 | $26,774 | $318,526 | $7,148 | $300,856 | $72,123 | $284,223 | $86,492 | $338,806 |
| Stock-based compensation | — | $25,381 | — | — | — | — | — | — | — | — |
| Change in working capital | $221,582 | $985,729 | $23,148 | −$418,244 | −$38,537 | $613,136 | $236,866 | $490,366 | $512,399 | $2.4M |
| Other non-cash items | $6,467 | −$121,737 | $4.4M | $562,109 | $69,138 | −$766,378 | $215 | $449,554 | −$8,231 | −$449,612 |
| Cash from operating activities | $160,814 | $627,187 | $550,795 | $2.2M | $309,484 | $1.2M | $1.0M | $4.0M | $1.0M | $4.0M |
| Investing activities | ||||||||||
| Capital expenditures | −$5,549 | −$21,750 | −$31 | $0 | −$7,590 | −$29,725 | −$1,494 | −$5,872 | −$1,699 | −$6,780 |
| Acquisitions & other investing | −$28 | $0 | $31 | — | −$8 | $0 | $5 | $0 | −$31 | $0 |
| Cash from investing activities | −$5,577 | −$21,750 | −$0 | — | −$7,598 | −$29,725 | −$1,489 | −$5,872 | −$1,730 | −$6,780 |
| Financing activities | ||||||||||
| Dividends paid | — | — | −$150,031 | −$585,000 | −$1.1M | −$4.1M | −$491,119 | −$1.9M | −$766,445 | −$3.0M |
| Shares issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other financing | — | — | −$116,143 | −$453,432 | −$373,182 | −$1.5M | $110,699 | $425,178 | −$454,464 | −$1.8M |
| Cash from financing activities | — | — | −$266,174 | −$1.0M | −$1.4M | −$5.6M | −$380,420 | −$1.5M | −$1.2M | −$4.8M |
| Summary | ||||||||||
| Net change in cash | $199,113 | — | $290,924 | — | −$1.1M | — | $629,690 | −$12.4M | $1.6M | — |
| Cash at end of period | $4.3M | $4.1M | $1.4M | $140,812 | $1.1M | $284,143 | $2.2M | $203,779 | $1.6M | — |
| Free cash flow | $155,265 | $605,437 | $550,764 | $2.2M | $301,894 | $1.2M | $1.0M | $4.0M | $1.0M | $4.0M |
| Free cash flow margin | 8.6% | 8.6% | 8.0% | 28.5% | 15.7% | 4.3% | 50.5% | 50.5% | 51.6% | 51.6% |
| Capex / revenue | 0.3% | 0.3% | 0.0% | 0.0% | 0.4% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% |
| Operating cash flow / net income | — | — | — | 1.27 | 1.14 | 1.14 | 1.44 | 1.44 | 2.35 | 2.35 |
Negative numbers are cash paid out. Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported; data from EODHD.
GLXG cash generation
In fiscal 2025 (ended June 30, 2025), Galaxy Payroll generated -$3.6 million of cash from operations (down 129.6%) and spent $0.0 million on capital expenditures, leaving free cash flow of -$3.6 million, −101.2% of revenue. It returned $0.8 million to shareholders through dividends ($0.8 million) and net share buybacks ($0). Cash and equivalents rose by $2.7 million over the year.
Related: GLXG income statement, GLXG balance sheet. See the GLXG stock overview for the latest quote and news.
GLXG cash flow FAQ
What is Galaxy Payroll's free cash flow?
Galaxy Payroll's free cash flow was -$3.6 million in fiscal 2025: -$3.6 million of operating cash flow minus $0.0 million of capital expenditures It was $12.0 million a year earlier..
How much cash does Galaxy Payroll generate from operations?
Galaxy Payroll generated -$3.6 million of cash from operating activities in fiscal 2025.
How much does Galaxy Payroll spend on capital expenditures?
Galaxy Payroll spent $0.0 million on capital expenditures in fiscal 2025, 0.2% of revenue, compared with $0.0 million the year before.
How much does Galaxy Payroll pay in dividends?
Galaxy Payroll paid $0.8 million in dividends in fiscal 2025.