Company: GCL
Filing Date: 2025-07-31
Form Type: 424B3
Source: 0001213900-25-070094
Chunk: 242

Company: GCL Global Holdings Ltd
Filing Date: 2025-07-31
Form: 424B3
Chunk 242
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 for income taxes |     | $                             | 1,128,672 |   |     | $ |   53,291 |   |     | $ |  620,142 |   |

(Loss) Income before income tax by jurisdiction
are as following:

|                                       |     | For the years ended March 31, |      2025 |     |   |       2024 |   |     |   |      2023 |   |
|:--------------------------------------|:----|:------------------------------|----------:|:----|:--|-----------:|:--|:----|:--|----------:|:--|
| Singapore                             |     | $                             | 3,681,089 |     | $ |   (325,917 | ) |     | $ | 1,642,666 |   |
| Hong Kong                             |     |                               | 1,424,781 |     |   |    258,954 |   |     |   | 1,150,297 |   |
| Malaysia and others                   |     |                               | 1,072,223 |     |   | (1,840,701 | ) |     |   |   (32,151 | ) |
| Total income (loss) before income tax |     | $                             | 6,178,093 |     | $ | (1,907,665 | ) |     | $ | 2,760,812 |   |

The following table reconciles Singapore statutory rates to the Company’s
effective tax rate:

|                                                  |     | For the years ended March 31, |      |    |     |      |       |    |     |      |      |    |
|                                                  |     |                          2025 |      |    |     | 2024 |       |    |     | 2023 |      |    |
| Singapore statutory income tax rate              |     |                               | 17.0 | %  |     |      |  17.0 | %  |     |      | 17.0 | %  |
| Change of fair value of contingent consideration |     |                               |  1.5 | %  |     |      |  (2.5 | )% |     |      |  5.7 | %  |
| Tax rate difference outside Singapore (1)        |     |                               | (4.2 | )% |     |      |