Company: GCL
Filing Date: 2025-03-17
Form Type: DRS
Source: 0001213900-25-024502
Chunk: 170

Company: GCL Global Holdings Ltd
Filing Date: 2025-03-17
Form: DRS
Chunk 170
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 million for the same period in 2023. The decrease was attributable to decrease of cost of revenue from social media advertising service by $0.2 million as we incurred less video production cost related to creating video content published in our YouTube Channel. The decrease of cost of revenue from media advertising was offset by increased cost of revenue from video marketing campaign production by approximately $0.1 million as we incurred higher labor cost.

Gross Profit

Our gross profit from our major revenue categories are summarized as follows:

| Console Game            |     | For the Years Ended March 31, 
 2024                          |            |   |     | 2023 |            |   |     | Change 
 (USD)  |          |    |     | Change 
 (%)    |       |    |
|:------------------------|:----|:------------------------------|-----------:|:--|:----|:-----|-----------:|:--|:----|:-------|---------:|:---|:----|:-------|------:|:---|
| Gross profit margin     |     | $                             | 10,678,647 |   |     | $    | 10,069,939 |   |     | $      |  608,708 |    |     |        |       |    |
| Gross profit percentage |     |                               |       11.7 | % |     |      |       14.8 | % |     |        |     (3.1 | )% |     |        |   6.0 | %  |
| Game Publishing         |     |                               |            |   |     |      |            |   |     |        |          |    |     |        |       |    |
| Gross profit margin     |     | $                             |  1,080,825 |   |     | $    |  2,046,522 |   |     | $      | (965,697 | )  |     |        |       |    |
| Gross profit percentage |     |                               |       31.5 | % |     |      |       33.5 | % |     |        |     (2.0 | )% |     |        | (47.2 | )% |
| Advertising Service     |     |                               |            |   |     |      |            |   |     |        |          |    |     |        |       |    |
| Gross profit margin