GCL Global Holdings Ltd. announced financial results for the fiscal year ended March 31, 2026, reporting revenues of $238.9 million, a 68.2% increase from the prior year, and a net loss of $26.2 million compared to net income of $5.0 million in fiscal 2025. Gross margin declined to 10.3% from 15.0%, primarily due to a higher contribution from lower-margin distribution activities within the expanded revenue base. The company recorded an EBITDA loss of $19.7 million, versus a gain of $10.8 million in the previous year, though the loss included $11.7 million in non-operational fair value losses on derivative liabilities and $6.7 million in one-off expenses. As of March 31, 2026, cash and cash equivalents stood at $36.6 million, up from $18.2 million a year earlier, while total bank borrowings were approximately $54.0 million. Management expects the larger operating platform to support continued business scale in fiscal 2027, with a focus on improving revenue mix and operating efficiencies.
GCL Global Holdings Ltd Ordinary SharesNet loss of $26.2 million and EBITDA loss despite revenue growth
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