Triterras, Inc. Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Trade receivables - external customers

12 Months Ended

Feb. 28, 2021

7	Trade receivables – external customers

	As of February 28, 2021			As of February 29, 2020
	US$			US$
Gross trade receivables		26,961,682			10,301,202
Less: Impairment loss allowance of trade receivables		(4,108,567	)		(138,956	)
Net trade receivables		22,853,115			10,162,246

Credit terms are generally 90 days.

The movement in the impairment loss allowance of trade receivables during the year is as follows:

The Group’s exposure to credit and currency risks, and impairment loss allowance for these trade receivables, is disclosed in Note 25.