Company: GCL
Filing Date: 2025-03-17
Form Type: DRS
Source: 0001213900-25-024502
Chunk: 168

Company: GCL Global Holdings Ltd
Filing Date: 2025-03-17
Form: DRS
Chunk 168
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 of revenue from social media adverting service for approximately $0.2 million due to reduced earnings from our YouTube channel, which is highly dependent on video views. It was also caused by a decreased revenue from video marketing campaign services of approximately $0.4 million due to fewer service contracts entered when compared to the same period in 2023.

Other revenue

Other revenue comprised sales of fashion jewelry through our online e-commerce platform. For the year ended March 31, 2024, this revenue amounted to approximately $0.4 million. 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 Years Ended March 31, |       2024 |     |     |     % |   |     |   |       2023 |     |     |     % |   |     | Change |        USD |   |     | Change |     % |    |
|:-----------------------|:----|:------------------------------|-----------:|:----|:----|------:|:--|:----|:--|-----------:|:----|:----|------:|:--|:----|:-------|-----------:|:--|:----|:-------|------:|:---|
| Console game           |     | $                             | 80,340,157 |     |     |  95.4 | % |     | $ | 58,005,203 |     |     |  91.2 | % |     | $      | 22,334,954 |   |     |        |  38.5 | %  |
| Game publishing        |     |                               |  2,350,855 |     |     |   2.8 | % |     |   |  4,056,790 |     |     |   6.4 | % |     |        | (1,705,935 | ) |     |        | (42.1 | )% |
| Advertising services   |     |                               |  1,389,562 |     |     |   1.6 | % |     |   |  1,536,615 |     |     |   2.4 | % |     |        |   (147,053 | ) |     |