Company: GCL
Filing Date: 2025-03-17
Form Type: DRS
Source: 0001213900-25-024502
Chunk: 231

Company: GCL Global Holdings Ltd
Filing Date: 2025-03-17
Form: DRS
Chunk 231
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12,652 | ) |     |          |          — |   |     |               | —        |   |     |             |         — |   |     |               |    (12,652 | ) |
| Net loss                                                                              |     |                |          — |     |           |     — |     |            |         — |   |     |          | (1,373,504 | ) |     |               | —        |   |     |             |  (587,452 | ) |     |               | (1,960,956 | ) |
| Shares issuance for partial settlement of contingent consideration for acquisition    |     |                |     20,468 |     |           |     2 |     |            |   266,212 |   |     |          |          — |   |     |               | —        |   |     |             |         — |   |     |               |    266,214 |   |
| Foreign currency translation adjustments                                              |     |                |          — |     |           |     — |     |            |           |   |     |          |          — |   |     |               | (91,691  | ) |     |             |     3,810 |   |     |               |    (87,881 | ) |
| Balance as of March 31, 2024                                                          |     |                | 25,916,468 |     | $         | 2,592 |     | $          | 1,738,012 |   |     | $        | 11,938,374 |   |     | $             | (120,551 | ) |     | $           | 2,366,732 |   |     | $             | 15,925,159 |   |

<div align='center'>The accompanying notes are an integral part of these consolidated financial statements.

F-19

GCL GLOBAL LIMITED AND ITS SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS
(Stated in U.S. dollar, except for the number of shares)</div>

| CASH FLOWS FROM OPERATING ACTIVITIES:                                               |     | For the Years Ended 
 March 31,           
 2024                |             |   |     | 2023 |            |   |
|:------------------------------------------------------------------------------------|:----|:--------------------|------------:|:--|:----|:-----|-----------