Company: GCL
Filing Date: 2025-08-27
Form Type: DRS
Source: 0001213900-25-080905
Chunk: 141

Company: GCL Global Holdings Ltd
Filing Date: 2025-08-27
Form: DRS
Chunk 141
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 focus on enhancing digital distribution channels has successfully positioned
us well for sustained growth in the digital marketplace.

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Results of Operations

Comparison of the Years Ended March 31, 2025 and 2024

|                               |     | For the Years Ended March 31, |        2025 |     |   |       2024 |   |     |   |      Change |   |     |     | Percentage 
     Change |    |
|:------------------------------|:----|:------------------------------|------------:|:----|:--|-----------:|:--|:----|:--|------------:|:--|:----|:----|-----------:|:---|
| Revenues                      |     | $                             | 142,072,586 |     | $ | 97,534,701 |   |     | $ |  44,537,885 |   |     |     |       45.7 | %  |
| Cost of revenues              |     |                               | 120,829,225 |     |   | 84,216,243 |   |     |   | (36,612,982 | ) |     |     |       43.5 | %  |
| Gross profit                  |     |                               |  21,243,361 |     |   | 13,318,458 |   |     |   |   7,924,903 |   |     |     |       59.5 | %  |
| Selling and marketing         |     |                               |   2,568,702 |     |   |  2,602,892 |   |     |   |     (34,190 | ) |     |     |       (1.3 | )% |
| General and administrative    |     |                               |  15,438,447 |     |   | 13,109,638 |   |     |   |   2,328,809 |   |     |     |       17.8 | %  |
| Income (loss) from operations |     |                               |   3,236,212 |     |   | (2,394,072 | ) |     |   |   5,630,284 |   |     |     |     (235.2 | )% |
| Other income, net             |     |                               |   2,941,881