Company: GCL
Filing Date: 2025-07-31
Form Type: 20-F
Source: 0001213900-25-069672
Chunk: 244

Company: GCL Global Holdings Ltd
Filing Date: 2025-07-31
Form: 20-F
Item: Item 19
Chunk 244
---
                          
  Provision for credit loss                                                                                                                                                 300,000  
  Other operating expenses                                                                                                                                                   14,415  
  Professional fee                                                                                                                                                          694,381  
  Other income (expense), net                                                                                                                                              ( 41,693  
  Change in fair value of contingent consideration for acquisition                                                                                                          932,152  
  Income (loss) before income taxes                                                                                                                          $            2,760,812  

  Other operating expenses primarily consist of office, entertainment,                    

F-56

GCL GLOBAL HOLDINGS LTD
AND ITS SUBSIDIARIES

NOTES TO CONSOLIDATED
FINANCIAL STATEMENTS

As of March 31, 2025, the
Company’s total assets comprised of $83,105,479for sale of console game, hardware and accessories, $15,553,582for game publishing,
$938,881for advertising services, and $1,989,641for other and unallocated. For the year ended March 31, 2025, capital expenditures comprised
of $159,495for sale of console game, hardware and accessories and $1,056for advertising services.

As of March 31, 2024, the
Company’s total assets comprised of $41,359,537for sale of console game, hardware and accessories, $7,042,024for game publishing,
$957,031for advertising services, and $199,652for other and unallocated. For the year ended March 31, 2024, capital expenditures comprised
of $243,012for sale of console game, hardware and accessories, $15,267for advertising services, and $19,366for other and unallocated.

As of March 31, 2023, the
Company’s total assets comprised of $39,960,655for sale of console game, hardware and accessories, $6,515,985for game publishing,
$1,347,335for advertising services, and $0for other and unallocated. For the year ended March 31, 2023, capital expenditures comprised
of $472,911for sale of console game, hardware and accessories and $65,450for other and unallocated.

Disaggregated information of revenues by regions
are as follows:

                     For the Year                       For the Year                      For the Year                  
                     Ended                              Ended                             Ended                         
                     March 31,                          March 31,                         March 31,                     
                     2025                               2024                              2023