Company: GCL
Filing Date: 2025-04-03
Form Type: F-1
Source: 0001213900-25-028608
Chunk: 306

Company: GCL Global Holdings Ltd
Filing Date: 2025-04-03
Form: F-1
Chunk 306
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           |
|:------------------------------------------|:----|:--------|----------:|:----|:-----------|:--|:----|:------------|:--|:----|:-------|--------:|:----|:------|----------:|
| Balance at March 31, 2023                 |     | $       | 2,047,154 |     | $          | - |     | $           | - |     | $      |       - |     | $     | 2,047,154 |
| Acquired goodwill                         |     |         |   674,367 |     |            | - |     |             | - |     |        | 268,873 |     |       |   943,240 |
| Impairments                               |     |         |         - |     |            | - |     |             | - |     |        |       - |     |       |         - |
| Balance at March 31, 2024                 |     |         | 2,721,521 |     |            | - |     |             | - |     |        | 268,873 |     |       | 2,990,394 |
| Acquired goodwill                         |     |         |         - |     |            | - |     |             | - |     |        |       - |     |       |         - |
| Impairments                               |     |         |         - |     |            | - |     |             | - |     |        |       - |     |       |         - |
| Balance at September 30, 2024 (Unaudited) |     | $       | 2,721,521 |     | $          | - |     | $           | - |     | $      | 268,873 |     | $     | 2,990,394 |

An
entity performs its annual, or interim, goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount.
An entity should recognize a goodwill impairment charge for the amount by which the reporting unit’s carrying amount exceeds its
fair value. If fair value exceeds the carrying amount, no impairment should be recorded. Any loss recognized should not exceed the total
amount of goodwill allocated to that reporting unit.

An
entity may still perform the optional qualitative assessment for a reporting unit to determine if it is more likely than not that goodwill
is impaired. However, this ASU eliminates