I made profits of 4bn in April 2026, from this i made an accounting payment of 11bn to Omega my 7 accounts and then Asset Safety came along a dealt me a slammer. More on this in another post but the bottom line is 105 billion of items into Asset Safety cost me 28 billion in total (18 billion write down + 10 billion fee).
Therefore, my wealth fell by 35bn to 2.475 trillion isk.
I was away for half the month and only focused on a series of taking an alpha account to Omega rather than the normal trading during this time. That would have cost me 15-25 billion in profits.
But, that all said, this is proving to be a quiet market.
I have been giving away my wealth since July 2023 and so far have given away 538bn isk in that time vs the 1.8 trillion isk i have made over that time. So arguably i have 1.2 trillion to give away still!
Total Sell Orders decreased from 2.6 billion to 2.4 trillion. Buy Orders are now minerals for my manifesting business and are 10 billion. Therefore, i have 2.4 trillion of Orders on the market.
2026 Aims
My isk making aims are to stick to the core business of Regional Trading but also to expand into Manufacturing and Market Seeding. And also give Low Sec / Null Sec a shot in trading - without soiling my pants.
The market seeding took a hit with one of the locations in Drone Lands getting hit more below.
Manufacturing is more sporadic - more below.
My non-isk making aims are to see if my Alliance joins someone else's and to continue to give away my isk. (it makes me incredibly sad to think that one day many many years ago i logged off from World of Warcraft as normal with my character in the Auction House with several million gold and then to never log on again - i should have given it away over time).
And then Eve related - i did Fanfest and hope to attend a London Meetup.
The overriding point here is that this is a game. I can't take my trillions with me into real life. So lets have fun and bring enjoyment to the game for all.
Omega / "accounting payments"
In June 2025 i took part in the Omega sale and spent 143 billion isk to buy 12 months Omega on all my 7 accounts. That 143 billion isk counts to me as an asset in my wealth and i will reduce it by 12 billion each month to wind it down to zero when the Omega runs out.
Therefore, each month i will have this "accounting payment" of 12 billion isk.
More details in the section "Seven Omega Accounts to pay for" below.
Distribution Policy
My plan going forwards is to have 100 billion isk spare in my wallet, on top of isk in my manufacturing operation, for opportunities that come up and therefore i will distribute every surplus 50 billion - i.e. when i get to 100 billion isk in my wallet (on top of the isk in my manufacturing operations) i will distribute 50 billion.
I have increased the amount of ISK i want to carry in order to take advantage of any Market Seeding opportunities that come along.
I find there is no longer a "purpose" to watching my wealth rise like there was on the road to my first trillion.
Distributions
These days, the aim is to distribute my profits to the Oz Tank Show or other ventures that generate content in Eve Online. Watching the numbers go up was great in the first trillion but lacks purpose onwards.
So far i have given 538bn to Eve shows:
The Oz Tank Show started in July 2023 and i have generated profits of 1.8 trillion in the July 2023 - April2026 period (after Omega costs) and distributed 538 billion.
So that leaves 1.2 trillion isk to distribute to some venture(s).
Seven Omega Accounts to pay for
In June i spent 143 billion isk buying 12 months of Omega for 7 accounts and another 12 months for one of those accounts because i was too far into a bottle of red to be paying attention (1 of these accounts is a manufacturing account which was an old account going back to 2012 that has been in alpha since around 2016).
My seven Omega accounts will come off Omega from July 2026 to September 2026 with one account going to October 2027.
Rather than being complicated and staggering the depreciation of this asset and figuring out how the extra 12 months will work - I will account for this in the normal way by saying from this July 2025 onwards 1/12 of the 143 billion will be recognised as a cost each month = 143/12 = 12 billion isk and the asset held in wealth will therefore reduce by 12 billion isk each month.
For the accountants amongst you that will mean come July 2026 i will have a number of free months of Omega to come including one account Omega all the way to October 2027!
If i did what i used to do which was to buy 3 months of Omega i would be spending 7x6.2x1200/3 = 17 billion isk a month. So the 20% discount and 12 month purchase was a good deal.
The basic numbers for April
In April i had sales of 176bn isk vs March of 219bn. So a fall of 20% and way below the average of 325bn. But i was away for half the time.
But still a very slow month and i am hearing the same story from other market participants and i can see it in the Monthly Economic Report that shows lower Transaction Fees.
This comes to average daily sales of 5.9bn isk. In other words, each evening i expect to see across all my accounts an additional 5.9bn isk (less transaction taxes) sitting on the characters to be reinvested back into the markets.
The good news is that i sense competition is lessening. I have a much lower number of orders to update each day. Therefore, margins are starting to recover.
Item profits were 28bn isk which is a margin of 16% (28/176). So back below the 25% target.
Taxes and Courier fees came to 24bn isk. Within this, the broker relisting fees came to 3.4% of sales vs the spike of 8.0% in September and the more normal range of 2.9%. This reflects the lessening of competition and good news that we are back in the normal range.
That takes the Trading Profits to 4bn isk and so a trading margin of 2.3% (4/176). A very poor show.
And then from this 4bn profits i pay the 12bn Omega and then the Asset Safety costs of 28 billion meant my wealth fell by 36 billion.
That was how 176 billion isk of sales became 36 billion isk decrease in wealth.
My Sales Strategy within my Regional Trading Business
Regional Trading is about 89% of my Eve Online business. Other Revenue streams are growing faster but Regional Trading remains my bread and butter.
I redesigned how i operate each evening now that i use the Eve Excel Addin fully within my business.
It takes 10 minutes to go through my trading locations to work out what needs to be bought from Jita to be sold and also what Sell Orders need to be updated.
It takes 10 minutes to buy the items from Jita and set up courier contracts and adjust all the noted Sell Orders.
And then 5 minutes to put the couriered items up for Sale when they arrive later.
What used to take 45 minutes now takes 20-25 minutes.
And then once a weak i do a deeper dive into each trading location to see what new items i can sell. That can take a full 20 minutes.
My overall strategy remains to Buy from Sell Orders in Jita to sell in the trading hubs in other Regions.
Within Regional Trading I don't sell consumable items such as ammunition given they tend to be high volume and very competitive. That includes ships.
I rarely sell items used as components in manufacturing because the end buyer tends to be cost conscious (and armed with spreadsheets) and able to manufacture the items themselves if market prices are too high.
I sell items that are in low supply and sell very slowly. These items tend to have very low competition - sellers want to get cash quickly and so don't bother in these items. If i put an item on the market and it sells in 15 days that is fine with me.
These items also tend to be price insensitive - players will buy the item almost whatever the price. The Buyer is much more interested in getting the item to use now rather than setting off to Jita to get it cheaper.
I sell items that are typically bought to kit a ship as a player progresses or has to replace a destroyed ship / pod.
Each month i sell 10-20% of what i had to sell at the start of the month.
I have a rule that the minimum profits have to be 100m isk. It is no use me buying items for 5m to sell them for 15m. The profitability may be great but that won't move the dials. That said, it is surprising how many items i can buy for 120m from Jita Sell Orders and sell for 220m in the other trading hubs. At that isk level, players re-equipping don't care about spending an additional 100m isk to save time.
And in the secondary trading hubs Amarr / Dodixie / Rens / Hek buyers will not travel even one jump to buy a cheaper item. For example, i can post an item for sale in the main Rens Trading up for 300m, and even if one jump away the same item is for sale for 250m the item in the main Trading Hub will still be the item sold.
Therefore, i mostly sell Implants, Blueprints, ship equipment and some structure modules.
Manufacturing
The Oz Show had a great interview with Sir SmashAlot where he talked about his manufacturing activities to the tune of making over 1 trillion profits per month!
Early days, i am making some profits and will update this blog as i go. So far i have experimented with small items like missiles and ammo but also larger ships such as Orcas.
Ideally, i want to create a process that i can scale. Not there yet.
Seeding a player owned station
I am in the process of helping seed the Kihtaled - PleniMart station in Kihtaled. I now have three characters seeding items for sale which includes one which is dedicated to manufacturing. This is all low value items like ammunition, drones, rigs etc.
And the character behind it all Thanak is recording his ventures on on youtube which i have discussed elsewhere in this blog, most recently here and here.
This may be impacting my margins given it is mainly low value items like ammo, drones, rigs etc. I am not sure.
It is going well. More players are coming to the Region and the well stocked station i suspect is helping this along.
I had also started seeding a station Tor2ga in Out Passage in UAJ5-K. That got smashed. Everything now in Asset Safety. 105 billion of Sell Orders. That 105 billion before the markup was 88 billion and given price declines over the lost few months that is now worth 66 billion.
In total, around 15% of revenues came from the seeded markets in April vs 7% in Marrch, 13% in February, 12% in January and 6% in December. So seems to be mostly over 10%.
Planetary Interaction
I had restarted this but then stopped.
It is not worth the effort in High Sec. So, on my "to do" list is to move it to low sec but, as you would suspect, i don't have the courage to fly into low sec - so i am thinking about how to do this.
Research
For now, i have stopped trying to make this work.
Station Trading
Wounding down to nil.
Alpha Accounts
I have 1 Alpha account with a character in Venal left. All the others were upgraded to Omega last summer to start Skill Farming.
Old Accounts
This is my third outing in Eve Online. I still have the characters of the prior two attempts and i have resurrected them all. One account is Omega and does manufacturing the rest remain as Alpha for now.
Plex
I had 18,300 Plex at the end of July 2025 and spent all of that buying 12 months of Omega across all my Omega accounts (and another 12 months on one account because i was too far into a bottle of red wine to notice). So i have around 260 Plex left.
Thinking about whether or not to rebuild - for now i won't. CCP seem to be taking actions to make this less lucrative so for now i will hold off.
Items in hanger for sale
There are a number of items that i sell that can only be sourced from Regions outside of The Forge (the home of Jita).
To make my life easier, i buy them from their home bases and have them couriered to Jita to be stored ready to be couriered to their final sale destination. Makes life a lot easier for the cost of one transport leg.
In addition, i have 105 billion of Sell Orders up in Drone Lands that ended up in Asset Safety. That 105 billion before the markup was 88 billion and given price declines over the lost few months that is now worth 66 billion.
In all, some 307bn isk of items in Hangers.
Buy Orders
Buy Orders have varied over time and peaked in August at around 128bn. I pulled out of station trading.
Therefore, the Buy Orders now reflect my manufacturing business and its requirement for minerals. So far, the Buy Orders mostly satisfy the demands of the Manufacturing business.
ISK
I have 185bn spare ISK kicking around.
For the last 12 months the average ISK in wallets has been over 100bn compared to around 50bn before this.
The reason for his is purely real life being busy and so not having the time to make sure everything is invested.
I have seeded the player owned station in Khanid. Perhaps more to go but most of it has been done. And another location i think to happen in December.
I am also seeding a player owned station deep in low sec though i also think i have reached my level here also.
I now have a new distribution policy where i will distribute all blocks of 50 billion isk above 100 billion + manufacturing isk in my wallet.
Current Wealth
Current wealth is 2.475 trillion ISK made up from:
- Plex held as an investment 2bn ISK
- Items in hanger for sale 307bn ISK
- Items in hanger for use in business 11bn ISK
- Omega brought forward 24bn ISK
- Buy orders on the market 10bn ISK
- items for sale 2.42 trillion ISK
- less a 20% provision 484bn ISK
- ISK in wallet 185bn ISK
When i add up my wealth, I don't count assets I use in the course of my business such as ships, fittings etc nor do I add back any expenses such as skills purchased etc. The wealth I disclose is made up of items that are ISK or are in the process of being converted to ISK or are used to generate isk that can be readily resold back onto the market. Any ships or skills or fittings etc i buy are counted as expenses in that month. The only exception to this rule is Blueprint Originals i use for manufacturing. They are held at cost.
* I take a 20% provision against the items I am selling. Eve calculates wealth by adding up the value of the sell orders hence it is possible to increase your wealth by buying an item for 100m ISK and putting a sell order for 120m ISK (in this case your wealth would increase by 20m ISK). For me, I want my wealth to be calculated at cost. I know that the value of my sell orders will likely fall over time as I update my orders downwards as competition reduces their prices before my items are sold. Hence the 20% provision is my best guess as to what the maximum reduction I would need to make to my sell orders as a whole before they are sold. In an ideal world I would value my sell orders at the value which I bought the items for.
