Company: GCL
Filing Date: 2025-09-04
Form Type: F-1
Source: 0001213900-25-084489
Chunk: 238

Company: GCL Global Holdings Ltd
Filing Date: 2025-09-04
Form: F-1
Chunk 238
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 2025, 2024, and 2023, respectively.

Note 12 — Definite-lived Intangible assets, net

Definite-lived intangible assets consisted of
the following:

|                                        |     | 2025 |  March 31, |   |     | 2024 |  March 31, |   |
|:---------------------------------------|:----|:-----|-----------:|:--|:----|:-----|-----------:|:--|
| Customer relationships                 |     | $    |  4,594,812 |   |     | $    |  4,594,812 |   |
| License                                |     |      |    139,865 |   |     |      |    139,865 |   |
| Trademark                              |     |      |    224,809 |   |     |      |    224,809 |   |
| Less: accumulated amortization         |     |      | (2,751,634 | ) |     |      | (1,686,260 | ) |
| Total definite-lived intangible assets |     | $    |  2,207,852 |   |     | $    |  3,273,226 |   |

F-38 GCL GLOBAL HOLDINGS LTD AND ITS SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Amortization expense for
years ended March 31, 2025, 2024 and 2023 was amounted to $, $ and $, respectively.

The following table sets forth the Company’s
amortization expense for the next five years ending:

|                                                    |     | Amortization 
 expenses     |           |
|:---------------------------------------------------|:----|:-------------|----------:|
| Twelve months ending March 31, 2026                |     | $            | 1,041,288 |
| Twelve months ending March 31, 2027                |     |              | 1,041,288 |
| Twelve months ending March 31, 2028                |     |              |   101,168 |
| Twelve months ending March 31, 2029                |     |              |    10,419 |
| Twelve months ending March 31, 2030 and thereafter |     |              |    13,689 |
| Total                                              |     | $            | 2,207,852 |

Note 13 —