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GCL on Nasdaq

GCL

Logo: gclglobalholdings.com3

GCL is a Singaporean video game company, listed on Nasdaq (GCL).1

Price unavailable

Last updated Oct 21, 2026.

Overview

$238.9MRevenue, fiscal 20264
-$25.0MNet income, fiscal 20264

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  • TickerGCL on Nasdaq1
  • Industryvideo game industry1
  • HeadquartersSingapore1
  • Websitewww.gclglobalholdings.com
  • Business address29 Tai Seng Ave., #2-01, Singapore5
  • Filer categoryAccelerated filer, Emerging growth company5

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GCL image from its website
Image: gclglobalholdings.com3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2026

10.3%Gross margin4
-5.6%Operating margin4
-10.5%Net margin4
68.2%Revenue growth, 20264
-67.9%Return on equity4
0.88×Debt to equity4
-$11.6MFree cash flow4

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Business segments

Corporate brought in 49% of the revenue GCL broke down this way in fiscal 2025.

  1. Corporate$142.1M649%up 46% from 2024
  2. Console Game Hardware And Accessories$123.3M642%up 35% from 2024
  3. Game Publishing$23.8M68%up 434% from 2024
  4. Advertising Service$2.2M61%down 18% from 2024
Business segments by year
Business segments202320242025
Corporate$77.4M$97.5M$142.1M
Console Game Hardware And Accessories$68.1M$91.0M$123.3M
Game Publishing$7.8M$4.4M$23.8M
Advertising Service$3.3M$2.7M$2.2M

Regions

Singapore brought in 64% of the revenue GCL broke down this way in fiscal 2026.

  1. Singapore$153.6M464%up 116% from 2025
  2. Hong Kong$59.2M425%up 10% from 2025
  3. MY$14.7M46%up 224% from 2025
  4. TH$8.6M44%
  5. China$2.2M41%down 82% from 2025
  6. Other$514.4K40%
Regions by year
Regions2023202420252026
Singapore$42.6M$58.1M$71.2M$153.6M
Hong Kong$26.0M$32.7M$53.7M$59.2M
MY$8.9M$6.7M$4.5M$14.7M
TH$8.6M
China$12.6M$2.2M
Other$514.4K

Where the money goes

Where each dollar of revenue went, fiscal 2026

  • Cost of revenue90¢$214.2M
  • Other costs10¢$24.5M
  • Income tax0¢$239.8K

Out of $238.9M in revenue.4 The company lost money this year.

Financial statements

Revenue64$238.9M in 2026+209% since 2023
0$100.0M$200.0M$300.0M2023: $77.4M$77.4M20232024: $97.5M$97.5M2024+26%2025: $142.1M$142.1M2025+46%2026: $238.9M$238.9M2026+68%
Gross profit64$24.7M in 2026+79% since 2023
0$10.0M$20.0M$30.0M2023: $13.8M$13.8M20232024: $13.3M$13.3M2024−4%2025: $21.2M$21.2M2025+60%2026: $24.7M$24.7M2026+16%
Operating income64-$13.3M in 2026
-$15.0M-$10.0M-$5.0M0$5.0M2023: $3.6M$3.6M20232024: -$2.4M-$2.4M20242025: $3.2M$3.2M20252026: -$13.3M-$13.3M2026
Net income64-$25.0M in 2026
-$30.0M-$20.0M-$10.0M0$10.0M2023: $2.0M$2.0M20232024: -$1.4M-$1.4M20242025: $5.6M$5.6M20252026: -$25.0M-$25.0M2026

Every line of the income statement as filed: the last 3 fiscal years, latest first.4

Period ending2026-03-312025-03-312024-03-31
Revenues$238.8M$140.6M$97.5M
Revenues, a related party$118.7K$1.5M$42.5K
TOTAL REVENUES$238.9M$142.1M$97.5M
Cost of revenues-$202.7M-$105.0M-$66.0M
Cost of revenues, related parties-$11.5M-$15.8M-$18.2M
TOTAL COST OF REVENUES-$214.2M-$120.8M-$84.2M
GROSS PROFIT$24.7M$21.2M$13.3M
Selling and marketing-$4.8M-$2.6M-$2.6M
General and administrative-$33.2M-$15.4M-$13.1M
TOTAL OPERATING EXPENSES-$38.0M-$18.0M-$15.7M
(LOSS) INCOME FROM OPERATIONS-$13.3M$3.2M-$2.4M
Other income, net$2.2M$867.8K$1.3M
Interest expense, net-$3.0M-$2.3M-$507.8K
Change in fair value of contingent consideration for acquisition$73.4K-$545.4K-$272.0K
Change in fair value of convertible notes$5.3M
Change in fair value of investment in convertible notes-$1.2M
Change in fair value of derivative asset and derivative liabilities-$10.7M-$378.7K
TOTAL OTHER (EXPENSE) INCOME, NET-$12.7M$2.9M$486.4K
(LOSS) INCOME BEFORE INCOME TAXES-$26.0M$6.2M-$1.9M
INCOME TAXES EXPENSE-$239.8K-$1.1M-$53.3K
NET (LOSS) INCOME-$26.2M$5.0M-$2.0M
Less: net loss attributable to non-controlling interests-$1.2M-$538.2K-$587.5K
NET (LOSS) INCOME ATTRIBUTABLE TO GCL GLOBAL HOLDINGS LTDS SHAREHOLDERS-$25.0M$5.6M-$1.4M
Foreign currency translation adjustments-$175.3K$312.2K-$87.9K
COMPREHENSIVE (LOSS) INCOME-$26.4M$5.4M-$2.0M
Less: total comprehensive loss attributable to non-controlling interests-$1.3M-$522.8K-$583.6K
Total comprehensive (loss) income attributable to GCL Global Holdings Ltds shareholders-$25.1M$5.9M-$1.5M
(LOSS) EARNING PER SHARE - BASIC ORDINARY SHARES (in Dollars per share)-$0.20$0.05-$0.01
(LOSS) EARNING PER SHARE - DILUTED ORDINARY SHARES (in Dollars per share)-$0.20$0.05-$0.01
Basic (in Shares)123.2M shares107.2M shares105.0M shares
Diluted (in Shares)123.2M shares107.2M shares105.0M shares

Compare GCL with another company

Corporate structure

GCL sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of GCL

  • GCL Singapore

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What GCL reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$5.5M4 Mar 31, 2026$1.5M4 Mar 31, 2025+259.4%
Accumulated depreciation$3.9M4 Mar 31, 2026$1.1M4 Mar 31, 2025+237.0%
Property and equipment, net$1.6M4 Mar 31, 2026$380.3K4 Mar 31, 2025+327.2%
Finance-lease assets$668.8K4 Mar 31, 2026$363.0K4 Mar 31, 2025+84.2%
Operating-lease assets (leased space)$3.4M4 Mar 31, 2026$442.4K4 Mar 31, 2025+672.3%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$36.6M4 Mar 31, 2026$18.2M4 Mar 31, 2025+100.5%
Long-term investments$16.8M4 Mar 31, 2026$15.4M4 Mar 31, 2025+9.1%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$12.4M4 Mar 31, 2026$3.0M4 Mar 31, 2025+313.0%
Indefinite-lived intangibles (excluding goodwill)$10.1M4 Mar 31, 2026$14.3M4 Mar 31, 2025−29.8%
Accumulated amortization$3.9M4 Mar 31, 2026$2.8M4 Mar 31, 2025+40.0%
Finite-lived intangibles, net$6.1M4 Mar 31, 2026$2.2M4 Mar 31, 2025+178.4%
Customer relationships, net$9.6M4 Mar 31, 2026$4.6M4 Mar 31, 2025+109.7%
Licenses, net$139.9K4 Mar 31, 2026$139.9K4 Mar 31, 20250%

Inventory

ItemLatestA year beforeChange
Inventory, total$32.4M4 Mar 31, 2026$5.9M4 Mar 31, 2025+446.1%

Leadership

Who has led GCL, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Sebastian Hong Ta Toke2026–now

Chair

  1. See Wee Jacky Choo2026–now

Chief financial officer

  1. Yuxin Kenny Lin2026–now

Chief operating officer

  1. See Ling Catherine Choo2026–now
Board members and other officers (5)

Timeline

  1. Mar 18, 2026New chief executive Sebastian Hong Ta Toke becomes CEO7
  2. Feb 14, 2025Went public Listed on NASDAQ1

Filings

146 filings to the SEC since October 2021: 5 annual reports, 9 insider forms, 4 large holders, 128 other. The latest 20:

  1. Oct 9, 2026S-8 REGISTRATION STATEMENT EDGAR
  2. Sep 17, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  3. Sep 11, 2026424B3 PROSPECTUS EDGAR
  4. Sep 10, 2026EFFECT EDGAR
  5. Sep 2, 2026F-3 REGISTRATION STATEMENT EDGAR
  6. Aug 28, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  7. Aug 12, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  8. Aug 7, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  9. Aug 6, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  10. Jul 31, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  11. Jul 31, 202620-F ANNUAL REPORT EDGAR
  12. Jul 24, 20266-K CURRENT REPORT EDGAR
  13. Jun 22, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  14. Jun 10, 2026424B3 PROSPECTUS EDGAR
  15. Jun 9, 2026EFFECT EDGAR
  16. Jun 5, 2026POS AM POST-EFFECTIVE AMENDMENT NO. 1 TO FORM F-1 EDGAR
  17. May 26, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  18. May 19, 2026424B3 PROSPECTUS SUPPLEMENT EDGAR
  19. May 19, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  20. May 18, 2026EFFECT EDGAR

The 146 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How GCL is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARGCL Global Holdings Ltd2
  • CIK0002002045
  • Filer statusAccelerated filer an emerging growth company; not a shell company18
  • Incorporated inCayman Islands18
  • Industry code (SIC)7372 Services-Prepackaged Software2
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance2
  • Business address29 Tai Seng Ave., #2-01, Singapore, Singapore, Singapore2
  • Phone65 804273302
  • Shares outstanding128,008,703 shares as of Mar 31, 202618
  • AuditorErnst & Young LLP, Singapore PCAOB ID 1247; no auditor attestation of internal control over financial reporting18
  • On EDGAR sinceMar 27, 20242
  • Filings146 in all: 6-K (52), 424B3 (28), CORRESP (10), 3 (9), UPLOAD (9), F-4/A (7), EFFECT (6), 20-F (3)2
    All 22 form types

    DRS (3), SCHEDULE 13G (3), 20-F/A (2), F-1 (2), POS AM (2), S-8 (2), 20FR12B (1), 8-A12B (1), CERT (1), F-1/A (1), F-3 (1), F-4 (1), RW (1), SCHEDULE 13D (1)

  • Latest filingsAnnual report (20-F) Jul 31, 2026

Securities registered for trading

ClassSymbolExchange
Ordinary Shares, $0.0001 par value per shareGCLNasdaq Global Select Market
Warrants, each exercisable for one Ordinary Share at an exercise price of $11.50 per shareGCLWWNasdaq

From the cover page of the 20-F filed Jul 31, 2026 (Section 12(b) of the Exchange Act).18

Sources

The numbers on this page point here. Each one links to the record it came from.

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    Company websiteGCL logo
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