Company: GCL
Filing Date: 2025-04-03
Form Type: F-1
Source: 0001213900-25-028608
Chunk: 163

Company: GCL Global Holdings Ltd
Filing Date: 2025-04-03
Form: F-1
Chunk 163
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 $1.1 million, or 61.5%, to approximately $0.7 million for the six months ended September 30, 2024 from approximately $1.8 million for the same period in 2023. This decrease was primarily driven by a reduction in development fees, which corresponded to the overall decline in game publishing revenue of approximately $1.5 million, or 63.1%. As the Company remits a development fee based on a percentage of revenue generated from the gaming platform, the reduction in revenue directly resulted in lower development fees owed to the developer.

Cost of revenue from media advertising service decreased approximately $0.1 million or 2.9%, to approximately $0.5 million for the six months ended September 30, 2024 from approximately $0.6 million for the same period in 2023. The decrease was attributable to decrease of cost of revenue from video production by $0.1 million as we incurred less video production cost related to creating video content published in our YouTube Channel.

Gross Profit

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

| Console Game            |     | For the Six Months Ended September 30, 
 2024                                   
 (Unaudited)                            |           |   |     | 2023        
 (Unaudited) |           |   |     | Change (USD) |           |    |     | Change 
 (%)    |       |    |
|:------------------------|:----|:---------------------------------------|----------:|:--|:----|:------------|----------:|:--|:----|:-------------|----------:|:---|:----|:-------|------:|:---|
| Gross profit margin     |     | $                                      | 6,425,475 |   |     | $           | 4,403,247 |   |     | $            | 2,022,228 |    |     |        |  45.9 | %  |
| Gross profit percentage |     |                                        |      13.1 | % |     |             |      13.7 | % |     |              |      (0.6 | )% |     |        |       |    |
| Game Publishing         |     |                                        |           |   |     |             |           |   |     |              |           |    |     |        |       |    |
| Gross profit margin     |     | $                                      |