I made 84bn profits in may 2025 from which i distributed 50bn isk. Therefore, my wealth rose by 34bn to 2.288 trillion isk.
So a better month that turned out quite well.
I ended the month with a record level of Sell Orders at 1.9 trillion and buy orders of 0.1 trillion, so lets call it 2 trillion isk on the market.
And i finally took the plunge into manufacturing - more on this in another post but my first month of profits was 2.7bn isk.
Distributions
These days, the aim is to distribute my profits to the Oz Tank Show or other ventures that generate content in Eve Online.
In April i distributed nothing 50bn to TheOneAndOnlySidar who does a very relaxing and informative twitch show on mostly mining in Eve Online. He also has a back catalogue of videos on youtube.
So far i have given 438bn to Eve shows:
260bn isk to the Oz Tank Show
92.5bn to The Oz Show
50bn to the twich show TheOneAndOnlySidar
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 1.473 trillion in the July 2023 - May 2025 period and distributed 438bn.
So that leaves 1 trillion isk to distribute to some venture(s).
It is early days but the Oz Show is considering having some of its tycoons sponsor a new Corporation. Lets see.
Six Omega Accounts to pay for / Skill Farming
In June 2024 i went for the MCT / Omega deal and have now pre-funded 6 accounts (so the 4 omega accounts and 2 alpha accounts) for 12 months.
This also took me into Skill Farming for the first time.
I spent 130bn isk on all that. The way i accounted for this was to say that the 130bn isk was an asset spent to buy Omega and as i made profits from skill farming i would reduce this asset.
In other words, skill farming would not contribute to increasing my wealth until i had made 130bn isk profits.
I achieved that goal in January and therefore all skill farming profits i now make is profit towards increasing my wealth.
That said, that 12 months of free Omega is coming to an end. Therefore, i took advantage of the 20% plex discount and added another 12 months on all my accounts.
The basic numbers for May
In May i had sales of 448bn isk vs April of 301bn. So a large rise of 49% and above my long term average of £325bn. April was depressed by being on holiday (securing the lounger by the pool at 7am, getting drowned by my children and then ensuring i consumed the minibars in both rooms to get my monies worth) and real life being busy. May was better with only real life being busy.
448bn sales is my second best ever with 516bn in December 2024 being the best.
This comes to average daily sales of 14.4bn isk. In other words, each evening i expect to see across all my accounts an additional 14bn isk (less transaction taxes) sitting on the characters to be reinvested back into the markets.
Item profits were 134bn isk which is a margin of 30% (134/448). So above the 25% target and as ever a pleasing result. There will be an upwards distortion from Skill Farming in here which i am sure i could work out if i had the time.
Taxes and Courier fees came to 51bn isk. I am facing more competition in Blueprints which is pushing up my broker relist fees. That takes the Trading Profits to 84bn isk and so a trading margin of 18.7% (84/448). So above the 16% margin target.
And then i distributed 50bn taking my increase in wealth to 34bn isk for May.
What is needed to get wealth to rise to 100bn in a month?
In some ways, i am there now - lets see if i can get this to work.
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 - for the next 2 months i will be earning pure profits from Skill Farming, so this will be done.
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 am putting more effort into designing spreadsheets using the Eve Excel Addin to both make my online time more efficient and find those items to sell in the Regions quicker.
This is allowing me to move faster each night. Currently, i can now see which of my trades need updated and go straight to them rather than cycle through all trades. I can also see which sales have been made so i can see if i can replace them. I can also see what items i can buy from Jita Sell Orders to put up for sale in the trade hubs and make my target margin.
I have redesigned my evening - i now at first work out from the spreadsheets what i need to buy from Jita to courier out to be sold. That takes me 15 minutes and i only need to log into Eve Online once i have the orders ready.
My strategy is 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.
Therefore, i mostly sell Implants, Blueprints, ship equipment and some structure modules. And more recently Large Skill Injectors.
What is selling well in May
Interestingly, for the second month in a row Dodixie is now my fourth best location. It used to be the best. Amarr, Rens and Hek are all better. Lets see if this trend continues. It does feel that for me Dodixie is quieter.
That said, i did move to only selling items that sell over at least 500 million isk - maybe that has something to do with it. Not sure.
I am seeing more competition in Dodixie and Amarr, notably in ship equipment and blueprints. And this is starting to appear also in Hek and Rens. So blueprints are still selling but less so.
Implants: they picked up again in May and notably for whole family sales which brings in good isk.
Ship Equipment: got better.
Mining equipment: having been almost out of this market i am now back in and making good sales for now.
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.
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.
Planetary Interaction
For now, i have stopped trying to make this work.
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 49bn isk.
I don't really have a process up and running that is scalable.
My idea of station trading is not buying items when they look cheap. For me, station trading is about sticking to the slow moving items and quite often i am the only person in Jita trying to sell an item. Almost always Selling for over 1bn isk.
What i don't do is Investing. I.e. i don't buy an item now i think is cheap and hold onto it to sell it a few months later when the price has risen.
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 from my first outing is now going to be my manufacturing Account.
Plex
I bad 18,300 Plex at the end of May 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).
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.
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.
In all, some 442bn isk of items.
Buy Orders
Buy Orders have varied over time and peaked at around and are at a new high of 107bn. Whilst i am not focusing on Station Trading in Jita i am taking more opportunities in all this,
Once i get a grip, Buy Orders will also increase as i ramp up the Station Trading in Jita.
ISK
I have 88bn 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.
It feels a waste - i should have as much as i can invested. I have Plex ready for any NES deals that come along.
If i think about this: Inventory + ISK = 442 + 88 = 530 = 23% of my wealth is sitting around not earning a return!
Current Wealth
Current wealth is 2.287 trillion ISK made up from:
- Plex held as an investment 115bn ISK
- Items in hanger for sale 442bn ISK
- Items in hanger for use in business 11bn ISK
- Omega brought forward 0bn ISK
- Buy orders on the market 107bn ISK
- items for sale 1.91 trillion ISK
- less a 20% provision 381bn ISK*
- ISK in wallet 88bn 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.
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