Yep - it is very disappointing I have to say. I would expect better 
@IndieGameCove Can you please create a repro case using blank project and submit bug report before it’s too late? They are aiming to make 4.25 release all about mobile improvement (forward rendering), so hopefully they can fix decals issue (these custom decals) until 4.25 comes out.
It’s not actually a proper solution, but y can simply use masked material with opacity mask (base color alpha channel) on a plane and just tightly set it on a surface where you need it.
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