use their 2019 or 2020 annual financial statements to determine whether you would invest in this company or not Please use concepts that we have covered in the course such as profitability, ratio analysis (profitability liquidity solvency) and or financial analysis (vertical horizontal) to support your decision Fiscal Year ends in DecUSD in Millions except per share data Dec 20 Dec 19 total revenue 56 14 39 24 Operating Revenue 56 14 39 24 excise taxes Cost of Revenue 50 59 33 72 exploration development and mineral property lease expenses other costof revenue gross profit 5 56 5 52 operating expense 9 29 9 51 operation and maintenance 1 85 2 23 selling general and administration 2 86 7 28 general and administrative expense 2 86 7 28 salaries and wages rent and landing fees insurance and claims other gand a 2 86 7 28 selling and marketing expense research and development depreciation and amortization 0 15 other operating expenses 4 58 4 64 Operating Income 3 74 3 99 net non operating interest income expense 5 19 2 53 interest income non operating 0 49 0 71 interest expense non operating 5 68 3 24 total other finance cost other income expense 0 29 5 60 gain on sale of security 0 78 0 99 earnings from equity interest securities amortization special income charges 2 13 2 78 other non operating income expenses pretax income 9 22 0 92 tax provision 0 18 0 22 earnings from equity interest net of tax net income common stockholders 7 97 0 10 Net Income 7 97 0 10 preferred stock dividends diluted nia com stockholders basic eps 0 08 0 basic continuous operations 0 08 0 diluted eps 0 08 0 diluted continuous operations 0 08 0 basic average shares 96 71 112 93 diluted average shares 96 71 113 16 dividend per share total operating income as reported 3 74 2 38 reported normalized basic eps 0 0 reported normalized diluted eps 0 0 rent expense supplemental total expenses 59 88 43 23 Interest Expense 5 68 3 24 net income from continuing and discontinued operation 7 97 0 10 Normalized Income 5 84 2 67 ebit 3 54 2 32 ebitda 0 86 4 95

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use their 2019 or 2020 annual financial statements to determine whether you would invest in this company or not. Please use concepts that we have

use their 2019 or 2020 annual financial statements to determine whether you would invest in this company or not. Please use concepts that we have covered in the course such as profitability, ratio analysis (profitability/liquidity/solvency) and/or financial analysis (vertical/horizontal) to support your decision.

Fiscal Year ends in DecUSD in Millions except per share data	Dec 20	Dec 19
total revenue	56.14	39.24
Operating Revenue	56.14	39.24
excise taxes
Cost of Revenue	50.59	33.72
exploration development and mineral property lease expenses
other costof revenue
gross profit	5.56	5.52
operating expense	9.29	9.51
operation and maintenance	1.85	2.23
selling general and administration	2.86	7.28
general and administrative expense	2.86	7.28
salaries and wages
rent and landing fees
insurance and claims
other gand a	2.86	7.28
selling and marketing expense
research and development
depreciation and amortization		0.15
other operating expenses	4.58	4.64
Operating Income	-3.74	-3.99
net non operating interest income expense	-5.19	-2.53
interest income non operating	0.49	0.71
interest expense non operating	5.68	3.24
total other finance cost
other income expense	-0.29	5.60
gain on sale of security	-0.78	0.99
earnings from equity interest
securities amortization
special income charges	-2.13	2.78
other non operating income expenses
pretax income	-9.22	-0.92
tax provision	0.18	0.22
earnings from equity interest net of tax
net income common stockholders	-7.97	0.10
Net Income	-7.97	0.10
preferred stock dividends
diluted nia com stockholders
basic eps	-0.08	0
basic continuous operations	-0.08	0
diluted eps	-0.08	0
diluted continuous operations	-0.08	0
basic average shares	96.71	112.93
diluted average shares	96.71	113.16
dividend per share
total operating income as reported	-3.74	-2.38
reported normalized basic eps	-0	-0
reported normalized diluted eps	-0	-0
rent expense supplemental
total expenses	59.88	43.23
Interest Expense	5.68	3.24
net income from continuing and discontinued operation	-7.97	0.10
Normalized Income	-5.84	-2.67
ebit	-3.54	2.32
ebitda	0.86	4.95