Company: GCL
Filing Date: 2025-08-27
Form Type: DRS
Source: 0001213900-25-080905
Chunk: 140

Company: GCL Global Holdings Ltd
Filing Date: 2025-08-27
Form: DRS
Chunk 140
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          | 29.2 | % |

|                      |     | For the Years Ended March 31, |           |     |   |       |   |     |      |           |     |   |       |   |     |        |           |     |          |       |   |
|                      |     |                          2024 |           |     | % |       |   |     | 2023 |           |     | % |       |   |     | Change |           |     | Change % |       |   |
| Physical copies sold |     |                               | 1,234,149 |     |   |  24.6 | % |     |      | 1,006,162 |     |   |  37.9 | % |     |        |   227,987 |     |          |  22.7 | % |
| Digital copies sold  |     |                               | 3,787,922 |     |   |  75.4 | % |     |      | 1,647,361 |     |   |  62.1 | % |     |        | 2,140,561 |     |          | 129.9 | % |
| Total copies sold    |     |                               | 5,022,071 |     |   | 100.0 | % |     |      | 2,653,523 |     |   | 100.0 | % |     |        | 2,368,548 |     |          |  89.3 | % |

We experienced substantial
growth in the number of digital copies sold. Approximately 4.7 million of digital copies were sold for year ended March 31, 2025, compared
to approximately 3.8 million and 1.6 million digital copies sold for the same period in 2024 and 2023, respectively, representing an
increase of 22.9% and 129.9% for the year ended March 31, 2025, and 2024, respectively. Meanwhile, the number of physical copies sold
increased by 48.5% and 22.7% for the year ended March 31, 2025, and 2024, respectively. These changes highlight our effective adaptation
to consumer preferences for digital formats, reflecting broader industry trends towards convenient, direct access to gaming content and
an increasing environmental consciousness. Our strategic