GCL Global Holdings Ltd. $(GCL)$ has announced its financial results for the fiscal year ending March 31, 2025. The company reported a significant increase in revenues, reaching $142.1 million-up 45.7% compared to the previous year. Net income saw a substantial turnaround, growing 350% to $5.0 million, compared to a net loss of $2.0 million in FY2024. EBITDA also experienced a remarkable increase, reaching $10.8 million, a 980% rise from $1.0 million the previous year. Earnings per share for FY2025 stood at $0.05, contrasting with a loss per share of $0.01 in FY2024. Key business developments included the completion of a business combination with RFAC Acquisition Corp. and the commencement of trading of GCL's ordinary shares and warrants on Nasdaq on February 14, 2025. Additionally, GCL acquired a 20% stake in NEKCOM Inc. and secured global publishing rights for the upcoming game "Showa American Story." The company's growth was notably driven by the global success of "Black Myth: Wukong" and an expanded game distribution portfolio, positioning GCL to capitalize on the rising demand for Asian AAA titles.
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