I made 37bn profits in November 2025, from this made an accounting payment of 12bn to Omega my 7 accounts and wrote off 41bn of stale orders. I made no distributions.
Therefore, my wealth fell by 18bn to 2.458 trillion isk.
I wrote about the stale orders in the prior blog post - in summary, i had let a number of orders become uncompetitive and sort of lost track. So in November i decided to clear them out thinking it was about 10bn . . . . . turns out it was 41bn!
So the month itself was sort of a bit below average but the write off took me into a loss. Lesson learned. Always keep my sell orders competitive even if it takes a hit on the day. Better than letting it all add up over time.
Total Sell Orders on the market stayed flat at 2.3 trillion. Buy Orders are now effectively nil - i have pulled out of Station Trading in Jita for now. Therefore, i have 2.3 trillion of Orders on the market.
My "purpose" now is to give away my profits to content generators or, and this is new, to use my wealth to help others in game. An example would be seeding a new market.
The overriding point here is that this is a game. I can't take my trillions with me into real life. So firstly lets get the accounting right for the wealth and secondly 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 50 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 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.
That said, i made no distributions in September but rather i focused on seeding a new market hub Kihtaled - PleniMart station in Kihtaled whcih i talked about in this post.
So far i have given 488bn to Eve shows:
260bn isk to the Oz Tank Show
92.5bn to The Oz Show
50bn to the twitch show TheOneAndOnlySidar
50bn to Gamingsincethe70s
20bn to the podcast Declarations of War to sponsor it.
13.2bn to the Nth_Dimensional Twitch show
1.6bn to the Raff_About_It show
The Oz Tank Show started in July 2023 and i have generated profits of 1.693 trillion in the July 2023 - November 2025 period (after Omega costs) and distributed 488bn.
So that leaves 1.2 trillion isk to distribute to some venture(s).
Seven Omega Accounts to pay for
Therefore, i took advantage of the 20% plex discount and added another 12 months on all my accounts in June.
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 November
In November i had sales of 396bn isk vs October of 284bn. So a large rise of 39% and back above the average of 325bn.
October was a weak month given i was away for the first week.
This comes to average daily sales of 13.2bn isk. In other words, each evening i expect to see across all my accounts an additional 13bn isk (less transaction taxes) sitting on the characters to be reinvested back into the markets.
Item profits were 91bn isk which is a margin of 23% (91/396). So item profit margins fell below the 25% target which seems odd but also reflects higher competition.
I am still not sure what caused the low margins in September of 21.5% but the 23% margins in November are sort of ominous! Lets see how December goes to determine if this is more than a one off.
Taxes and Courier fees came to 54bn isk. Within this, the broker relisting fees came to 5.6% of sales vs the spike of 8.0% in September and the more normal range of 2.9%. So still high and that now reflects the much higher competition i am experiencing in the 4 main trade hubs across all Blueprints and other items.
I pulled out of Jita station trading but am sticking with Blueprints - fighting to the death.
That takes the Trading Profits to 37bn isk and so a trading margin of 9.4% (37/396). So below the 16% margin target which has now been missed three months in a row as well as in June and July.
This is getting serious and i need to investigate where the weakness is to determine if it is more than just competition. It could be some data error or pricing errors.
And then from this 37bn profits i pay the 12bn Omega charge, 41bn write offs, 2bn on an Obelisk & fitout and distributed nothing this month which leaves me with the 18 billion loss.
That was how 396billion isk of sales became 18 billion isk of losses.
Lets ignore the 41bn of write offs. Therefore the take away from November was good sales but poor margins.
As i write this post today, my Item margins are 27% (so above the 25% target) but my operating margin is 15% (so below the 16% target). The drag below 16% is caused by higher than normal courier fees given i am selling items in new locations outside of High Sec and locations in High Sec but over 50 jumps from Jita.
What is needed to get wealth to rise to 100bn in a month?
At one point i was almost there - but things have pulled right back and i need to revisit my business revenues and profits to up my game.
I would need to make daily sales of 18bn on my 25% item market - that has never happened. Therefore, to achieve 100bn profits a month i need to do one or some of three things.
1) Increase my item margin above 25% - possible but a risk.
2) Keep on doing Skill Farming - i packed that in when my 12 months of skill farming ended in June / July 2025. Still making some sales from the tail end of it but it is no longer going to feature in the near term.
3) Expand into station trading - i sort of do that but not to any big deal. So this is possible.
4) Expand into manufacturing - which i am now giving a real shot. The interview with Sir SmashAlot on the Oz Show was inspirational. As was an old youtube series Building my Industrial Empire.
My Sales Strategy
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.
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 20-30% 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.
Also, i recently moved to only selling items that sell over at least 500 million isk. This is also under review - i am thinking i am missing on plenty of sales.
Therefore, i mostly sell Implants, Blueprints, ship equipment and some structure modules. And more recently Large Skill Injectors.
What is selling well in November
Sales rose in all locations except Tash-Murkon (and Jita given i have pulled out of station trading).
Dodixie re-established itself as the lead with 85bn of sales followed by Amarr with 65bn of sales.
Hek roared back to life with 50bn followed by Rens with 46bn.
But i suspect the margins in these locations were under pressure given the levels of competition i now see.
Sobaseki did well and the other secondary trade hubs of Arnon, Alentene and Tash-Murkon more than justified their Omega status.
Delve, one of my non High Sec locations made sales of 18bn whilst Kithaled, one of the markets i am seeding, also did respectfully at 12bn sales.
In Manufacturing i made 12bn of sales.
And then what items are selling? Mining items did very well; blueprints still sell; rigs also. implants did ok. Broad based. The rough and ready summary tells me and you that i really need to get to the bottom of what is selling!
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!
And the author of the blog I wanna be a Trillionaire, so frickin' bad... has moved into manufacturing and is making a good job of it.
And going back a few years there was a great youtube series Building my Industrial Empire (who is now back).
Early days, i am making some profits and will update this blog as i go.
Ideally, i want to create a process that i can scale.
Seeding a player owned station
I am in the process of helping seed the Kihtaled - PleniMart station in Kihtaled. I now have two characters seeding items for sale. This is all low value items like ammunition, drones, rigs etc.
It is owned by Guns-R-Us Holdings and part of the Alliance Weapons Of Mass Production.
This may be impacting my margins given it is mainly low value items like ammo, drones, rigs etc. I am not sure.
in December i suspect i will help seed another market of another corporation also.
Planetary Interaction
I have re-started this. 18 planets for now, set to staggered 14 day cycles.
And then i 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
All in Jita. I focused a bit more on it and made sales of 87bn isk which is a record.
What i was doing was focusing on slow moving but higher valued items where i would make a large profit. The big bucks are made by buying items for say 20 billion and selling them for 26 billion.
But this suddenly turned very competitive and sales fell to zero. So i was being hit by daily broker re-list fees for now sales.
Therefore, for now i have pulled out of Jita Station Trading.
My hope is to find new items to trade in but for now i am winding down.
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.
This month i decided to combine them all into one Alliance, the Merchanting Industry Finance Philanthropy Alliance.
Plex
I had 18,300 Plex at the end of July 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.
Also, given i am skill farming i have a number of Skill Extractors and Large Skill Injectors sitting in hangers waiting to be used / sold - these are being sold down over time.
In all, some 242bn isk of items in Hangers.
Buy Orders
Buy Orders have varied over time and peaked in August at around 128bn. However, given i pulled out of Station trading this is now down at 2bn.
ISK
I have 262bn 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 now have a new distribution policy where i will distribute all blocks of 50 billion isk above 50 billion + manufacturing isk in my wallet.
Current Wealth
Current wealth is 2.458 trillion ISK made up from:
- Plex held as an investment 2bn ISK
- Items in hanger for sale 242bn ISK
- Items in hanger for use in business 11bn ISK
- Omega brought forward 83bn ISK
- Buy orders on the market 2bn ISK
- items for sale 2.32 trillion ISK
- less a 20% provision 464bn ISK*
- ISK in wallet 261bn ISK
* 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.
