Sitestar HVAC Operations Suffer from Seasonality and Poor Results

Sitestar's HVAC operations incurred a net loss of $178,387 in Q1 2018, worse than the $62,938 loss in Q1 2017. The subsidiary is subject to extreme seasonality and results have been poorer than expected since its creation.

“During the first quarter, HVAC operations incurred a net loss of $178,387 compared to a net loss of $62,938 during the first quarter of 2017. This subsidiary is subject to extreme seasonality. The results have been poorer than expected since its creation.”

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