GCL Global Holdings Ltd
GCL Nasdaq Services-Prepackaged Software Financials FY2023–FY2026
What GCL Global Holdings Ltd does
No business description yet.
- Legal name
- GCL Global Holdings Ltd
- Fiscal year ends
- March 31, 2026
- Latest annual report
- 20-F · Jul 31, 2026
- Accession · CIK
- 0001213900-26-084021
0002002045
Revenue and margins
GCL Global Holdings Ltd had $239M of revenue in fiscal 2026, up 68.2% on the year before.
Net income and earnings per share
Loss periods are shown in red.
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Cash flow
Free cash flow was −$11.6M in fiscal 2026, −4.9% of revenue. Cash from operations minus capital spending.
Dividends, buybacks and share count
GCL Global Holdings Ltd returned — to shareholders in fiscal 2026. The diluted share count rose 15.0%.
Balance sheet
Cash, debt and the ratios that show how comfortably GCL Global Holdings Ltd can carry it.
| Fiscal year end | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Cash and short-term investments | $2.5M | $2.7M | $18.2M | $36.6M |
| Debt incl. finance leases | — | $17.8M | $22.7M | $76.1M |
| Net debt / EBITDA | — | — | 1.2x | — |
| Debt / equity | — | 1.3x | 0.6x | 2.1x |
| Current ratio | — | 1.1x | 1.2x | 1.5x |
| Quick ratio | — | 0.9x | 1.1x | 1.1x |
| Total assets | — | $49.6M | $102M | $183M |
| Total liabilities | — | $32.9M | $64.6M | $142M |
| Shareholders' equity | $17.2M | $13.6M | $35.9M | $36.8M |
| Net debt (− = net cash) | — | $15.2M | $4.4M | $39.5M |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. “Plan” marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
No open-market insider trades in the last 12 months.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8–9 is strong, 0–2 weak.
| Test | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Net income is positive | ✓ | ✕ | ✓ | ✕ |
| Cash from operations is positive | ✕ | ✓ | ✕ | ✕ |
| Return on assets rose | — | — | ✓ | ✕ |
| Cash from operations exceeds net income | ✕ | ✓ | ✕ | ✓ |
| Debt fell relative to assets | — | — | ✓ | ✕ |
| Current ratio rose | — | — | ✓ | ✓ |
| Share count didn't rise | — | ✕ | ✕ | ✕ |
| Gross margin rose | — | ✕ | ✓ | ✕ |
| Revenue rose relative to assets | — | — | ✕ | ✕ |
| F-score | — / 3 | — / 5 | 5 / 9 | 2 / 9 |
| Accruals ratio | — | −5.4% | 21.0% | −10.2% |
| Altman Z'' | — | 1.18 | 1.99 | 1.19 |
4 years of figures
Amounts in USD. Hover a ratio’s name for its definition.
| Fiscal year | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | $77.4M | $97.5M | $142M | $239M |
| Gross profit | $13.8M | $13.3M | $21.2M | $24.7M |
| Operating income | $3.6M | −$2.4M | $3.2M | −$13.3M |
| Pretax income | $2.8M | −$1.9M | $6.2M | −$26.0M |
| Income tax | $0.6M | $0.1M | $1.1M | $0.2M |
| Net income | $2.0M | −$1.4M | $5.6M | −$25.0M |
| Net income to common | $2.0M | −$1.4M | $5.6M | −$25.0M |
| Diluted EPS | $0.02 | −$0.01 | $0.05 | −$0.20 |
| Diluted shares | 0.10B | 0.11B | 0.11B | 0.12B |
| Cash flow | ||||
| Cash from operations | −$4.4M | $1.3M | −$10.3M | −$10.5M |
| Capital expenditure | $0.5M | $0.3M | $0.2M | $1.2M |
| Free cash flow | −$4.9M | $1.0M | −$10.5M | −$11.6M |
| Depreciation and amortization | $0.3M | $0.3M | $0.3M | $0.4M |
| Stock-based compensation | — | — | — | $0.1M |
| Acquisitions | — | −$0.0M | — | $14.3M |
| Dividends paid | — | $0.2M | — | — |
| Dividends and buybacks | — | $0.2M | — | — |
| Balance sheet | ||||
| Cash and short-term investments | $2.5M | $2.7M | $18.2M | $36.6M |
| Total debt | — | $17.8M | $22.4M | $75.7M |
| Finance lease liabilities | — | — | $0.2M | $0.4M |
| Current assets | — | $32.6M | $62.1M | $126M |
| Current liabilities | — | $30.4M | $52.3M | $83.1M |
| Inventory | — | $4.8M | $5.9M | $32.4M |
| Property and equipment, net | — | $0.5M | $0.4M | $1.6M |
| Goodwill | $2.0M | $3.0M | $3.0M | $12.4M |
| Intangible assets | $2.2M | $3.3M | $2.2M | $6.1M |
| Total assets | — | $49.6M | $102M | $183M |
| Total liabilities | — | $32.9M | $64.6M | $142M |
| Shareholders' equity | $17.2M | $13.6M | $35.9M | $36.8M |
| Margins | ||||
| Gross margin | 17.9% | 13.7% | 15.0% | 10.3% |
| Operating margin | 4.6% | −2.5% | 2.3% | −5.6% |
| EBITDA margin | 5.0% | −2.1% | 2.5% | −5.4% |
| Net margin | 2.6% | −1.4% | 3.9% | −10.5% |
| FCF margin | −6.3% | 1.1% | −7.4% | −4.9% |
| Returns | ||||
| Return on capital | — | −6.6% | 6.6% | −13.8% |
| Return on capital employed | — | −12.5% | 6.6% | −13.3% |
| Return on equity | 11.6% | −8.9% | 22.6% | −68.8% |
| Return on assets | — | −2.8% | 7.4% | −17.6% |
| Return on tangible equity | 15.4% | −18.8% | 18.2% | −136.6% |
| Growth | ||||
| Revenue growth | — | 25.9% | 45.7% | 68.2% |
| Net income growth | — | −169.2% | — | −547.3% |
| EPS growth | — | −150.0% | — | −500.0% |
| FCF growth | — | — | −1,108.0% | — |
| Share count change | — | 0.0% | 2.1% | 15.0% |
| Financial health | ||||
| Net debt / EBITDA | — | — | 1.2x | — |
| Debt / equity | — | 1.3x | 0.6x | 2.1x |
| Current ratio | — | 1.1x | 1.2x | 1.5x |
| Quick ratio | — | 0.9x | 1.1x | 1.1x |
| Capital allocation | ||||
| Capex / revenue | 0.7% | 0.3% | 0.1% | 0.5% |
| Stock comp / revenue | — | — | — | 0.0% |
| Payouts / FCF | — | 15.8% | — | — |
| Quality scores | ||||
| Piotroski F-score | — | — | 5.0 | 2.0 |
| Altman Z'' | — | 1.2 | 2.0 | 1.2 |
| Accruals ratio | — | −5.4% | 21.0% | −10.2% |
Source: SEC EDGAR XBRL filings (CIK 0002002045). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only — not investment advice. Check the original filings before relying on any figure.