Company: GCL
Filing Date: 2025-09-04
Form Type: F-1
Source: 0001213900-25-084489
Chunk: 262

Company: GCL Global Holdings Ltd
Filing Date: 2025-09-04
Form: F-1
Chunk 262
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     |                               | 107,184,280 |     |      | 105,013,283 |   |     |      | 104,972,026 |
| Earning (loss) per ordinary share – basic and diluted  |     | $                             |        0.05 |     | $    |       (0.01 | ) |     | $    |        0.02 |

The following ordinary shares equivalents were
excluded from the computation to eliminate any antidilutive effect:

|                                      |     | As of     
 March 31, 
 2025      |            |     | As of     
 March 31, 
 2024      |   |     | As of     
 March 31, 
 2023      |   |
|:-------------------------------------|:----|:----------|-----------:|:----|:----------|:--|:----|:----------|:--|
| Warrant (1)                          |     |           | 16,500,000 |     |           | - |     |           | - |
| Ordinary shares placed in escrow (2) |     |           |  4,328,394 |     |           | - |     |           | - |

| (1) | For the years ended March 31, 2025, 2024, and 2023, the Company had the 16,500,000, 0, and 0 shares of warrants, respectively, outstanding which were not included in the calculation of diluted net (income) loss per ordinary share because inclusion thereof would be anti-dilutive |

| (2) | For the years ended March 31, 2025, 2024, and 2023, the Company had 4,328,394, 0, and 0 ordinary shares, respectively, held in escrow. The Company has determined that these shares are non-participating securities in accordance with ASC 260, as they are not entitled to dividends or other rights until certain milestones are met. As such, these shares are excluded from the calculation of basic and diluted earnings (loss) per share for the respective periods. |

Note 25 — Segment information The Company presents segment information after elimination of inter-Company transactions. In general, revenue, cost of revenue and operating expenses are directly attributable, or are allocated, to each segment. The Company allocates costs and expenses that are not directly attributable to a specific segment, such as those that support