Company: GCL
Filing Date: 2025-04-03
Form Type: F-1
Source: 0001213900-25-028608
Chunk: 349

Company: GCL Global Holdings Ltd
Filing Date: 2025-04-03
Form: F-1
Chunk 349
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   668,811 |   |
| Present value of lease liabilities, non-current |     | $               | 348,283 |   |     | $             | 205,269 |   |     | $     |   553,552 |   |

Note 18 — Commitments and contingencies

Legal

From time
to time, the Company is party to certain legal proceedings, as well as certain asserted and un- asserted claims. Amounts accrued, as well
as the total amount of reasonably possible losses with respect to such matters, individually and in the aggregate, are not deemed to be
material to the unaudited condensed consolidated financial statements.

Note 19 — Segment information

The Company
presents segment information after elimination of inter-Company transactions. In general, revenue, cost of revenue and operating expenses
are directly attributable, or are allocated, to each segment. The Company allocates costs and expenses that are not directly attributable
to a specific segment, such as those that support infrastructure across different segments, to different segments mainly on the basis
of usage, revenue or headcount, depending on the nature of the relevant costs and expenses. The Company does not allocate assets to its
segments as the CODM does not evaluate the performance of segments using asset information.

By assessing
the qualitative and quantitative criteria established by Accounting Standards Codification (“ASC”) 280, “Segment Reporting”,
the Company considers itself to have three reportable segments which comprise of console game, game publishing, and media advertising
service. The segments are organized based on type of products for sale or service offered.

The following
tables present the summary of each segment’s revenue, interest expense, depreciation and amortization, income or loss from operations,
loss before income taxes, net income and capital expenditure which are considered as a segment operating performance measure, for the
six months ended September 30, 2024 and 2023:

<div align='center'>F-93

GCL GLOBAL LIMITED AND ITS SUBSIDIARIES

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS</div>

Disaggregated
information of revenues by regions are as follows:

|                                   |     | For the Six Months Ended September 30, 2024 (Unaudited) |            |   |     |            |          |   |     |             |          |   |     |         |         |   |     |              |            |   |
|:----------------------------------|