Company: GCL
Filing Date: 2025-09-04
Form Type: F-1
Source: 0001213900-25-084489
Chunk: 143

Company: GCL Global Holdings Ltd
Filing Date: 2025-09-04
Form: F-1
Chunk 143
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,338 |     |           |    683,338 |     |             |         — |     |             |      — |     |           | — |
| Operating lease obligations            |     |                        |    487,119 |     |           |    376,751 |     |             |   110,368 |     |             |      — |     |           | — |
| Financing lease obligations            |     |                        |    249,134 |     |           |     84,528 |     |             |   117,776 |     |             | 46,830 |     |           | — |
| Total                                  |     | $                      | 13,340,815 |     | $         | 11,644,702 |     | $           | 1,649,283 |     | $           | 46,830 |     | $         | — |

Commitment in publishing agreement On December 18, 2024, we, through our subsidiary 4Divinity SG, entered into a Publishing Agreement with NEKCOM Private Limited and its PRC affiliate (collectively, “NEKCOM”), pursuant to which 4Divinity SG was appointed as the global publisher and distributor of the video game SHOWA American Story(the “Licensed Game”) for all platforms and territories, excluding certain regions previously licensed to other parties. Under the terms of the agreement, 4Divinity SG committed to a fully recoupable minimum sales guarantee of $5,000,000, payable in tranches as defined in the agreement. In addition, 4Divinity SG agreed to furnish a non-recoupable marketing budget of $5,000,000, which will be used to support global marketing efforts for the Licensed Game. As of March 31, 2025, we had paid $3,000,000 of the minimum sales guarantee, with the remaining amount paid on April 17, 2025. Capital Expenditures For the years ended March 31, 2025, 2024 and 2023, we purchased approximately $0.2 million, $0.3 million, and $0.5 million, respectively, of equipment mainly for the use in our business daily operation. Non-GAAP Performance Measures To supplement our consolidated financial statements, which are prepared and presented in accordance with U.S. GAAP, we use the following non-GAAP financial measures for our consolidated results: EBITDA which represents net income (loss