Thread by @Patrick_Invests

Reached out to $TRIT IR and they said the 1/18 investor presentation is the same slide deck used at the Northland SPAC Conference

I compared this deck to an old one from Aug. 2020 and the notable differences are below

1) The focus on the new presentation is on Kratos' value proposition and Triterras growth strategy while their older presentation focused on explaining what trade finance was and the niche Triterras sought to fill within the industry

1 cont.) The new deck describes a much more polished company vs. the old deck reading as a proof of concept.

2) The new deck breaks the business down into 3 ecosystems (transaction, financial, and delivery) which each house certain Kratos modules

2 cont.) Transaction Ecosystem: Trade Discovery

Financial Ecosystem: Trade Finance, Credit Insurance, Payments Gateway (planned), Supply Chain Finance (planned)

Delivery Ecosystem: Logistics

The Risk Management module covers all 3 ecosystems

2 cont.) The growth strategy for each ecosystem is broken out in the slide below.

Clearly the focus is on growing trader volume and thus bolstering the trade discovery module, but it is good to see mgmt. acknowledging the other modules are key to achieving a platform effect

3) This was the old slide detailing "Why Kratos"

3 cont.) The new slide is below. The value proposition is now more detailed and more importantly is broken down by use case.

4) Included in the new presentation is an increased estimate of the shortfall in trade finance for SME ($2-$2.25 trillion vs. $1.5 trillion)

$TRIT also acknowledges they are outsourcing development in addition to their core tech team

Overall, the new presentation is a massive improvement over previous decks and gives some guidance as to what the growth strategy looks like.

The slide design could be vastly improved, but the content is what really matters.

Northland downgraded $TRIT to market perform following the conference based on lack of clarity stemming from no formal earnings call coming in February.

I would not be surprised if mgmt. hosts an update call sometime within the next month to give commentary on full year numbers

The market clearly wanted a stronger rebuttal of the Phase 2 short report, but I doubt IR chooses to spend more resources doing so.

A live Kratos platform demo would be a nice compromise as a lot of shareholders would like to see the platform in action

Still patiently holding my position and will be looking to add when I have some cash free up