Company: GCL
Filing Date: 2025-04-03
Form Type: F-1
Source: 0001213900-25-028608
Chunk: 161

Company: GCL Global Holdings Ltd
Filing Date: 2025-04-03
Form: F-1
Chunk 161
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 game publishing revenue during six months ended September 30, 2023, compared to approximately $0.8 million for the same period in 2024, as sales typically peaked shortly after a game’s initial release over marketing and promotions, Day-one buyers and fans who bought on launch date to be among the first to experience the title, then decline over time as the market becomes saturated and player interest wanes.

Media advertising Service

Revenue from media advertising services consisted of video marketing campaign service and social media advertising service. Our revenue from advertising services decreased approximately $0.5 million, or 37.2%, to approximately $0.8 million for the six months ended September 30, 2024 from approximately $1.3 million for the same period of 2023. The decrease was driven partially by a decrease of revenue from video production service for approximately $0.5 million due to we obtained fewer service contracts compared to the same period in 2023.

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Other revenue

Other revenue comprised sales of fashion jewelry through our online e-commerce platform. For the six months ended September 30, 2024 and 2023, this revenue amounted to approximately $0.1 and 0.2 million, respectively. Going forward into 2025 and beyond, we anticipate that this source of revenue will continue to remain insignificant to our overall operations.

Cost of Revenues

Our cost of revenues from our revenue categories are summarized as follows:

|                        |     | For the Six Months Ended September 30, 
 2024                                   
 (Unaudited)                            |            |     | % |       |   |     | 2023        
 (Unaudited) |            |     | % |       |   |     | Change 
 USD    |            |   |     | Change 
 %      |       |    |
|:-----------------------|:----|:---------------------------------------|-----------:|:----|:--|------:|:--|:----|:------------|-----------:|:----|:--|------:|:--|:----|:-------|-----------:|:--|:----|:-------|------:|:---|
| Console game           |     | $                                      | 42,644,147 |     |   |  97.1 | % |     | $           | 27,765,078 |     |   |  91.8 | % |     | $      |