Galaxy Payroll Group Ltd
Sector: Services-Engineering, Accounting, Research, ManagementIndustry: Staffing & Employment ServicesCountry: HKExchange: Nasdaq
DilutionScan read 14 of Galaxy Payroll Group Ltd's SEC filings and found 2 shelf registrations, 1 S-1 registration and 1 completed offering on file for GLXG. The latest dilution event on file is a registration statement on Jun 2, 2026. Analysis updated Oct 28, 2026.
Signal8 Summary
GLXG
Revenue collapsed, cash runway tight
Snapshot
Galaxy Payroll Group is a tiny staffing firm in severe distress. Revenue collapsed 88% to just $449K in FY 2025, down from $3.8M the year before. The company lost $452K on that tiny revenue base, burning through its cash reserves. It holds only $523K in cash against negligible debt, leaving a runway of roughly one year at current burn rates.
What's Happening Right Now
- : The company filed to register 760,000 shares for employee compensation, increasing the total pool available for issuance to 1.12 million shares.
- : Rosen Law Firm opened an investigation into potential securities claims, alleging the company issued misleading information to the public.
