I made 70bn profits in July 2025, made an accounting payment of 12bn to Omega my 7 accounts and distributed nothing. Therefore, my wealth rose by 58bn to 2.418 trillion isk.
So a reasonable month. Real life busy, so manufacturing took a back seat.
Total Sell Orders on the market was flat at 2.0 trillion and Buy Orders flatish at 0.1 trillion isk = 2.1 trillion isk on the market in total.
Manufacturing was slow this month - real life was busy.
I am on holiday for half of August.
Omega / "accounting payments"
In June 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.
In July i did not distribute anything. ISK in wallet = 190 billion = 187 billion normal isk + 3 billion isk in manufacturing.
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 twitch 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 1.603 trillion in the July 2023 - July 2025 period and distributed 438bn.
So that leaves 1.2 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.
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 July 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 July
In July i had sales of 455bn isk vs June of 482bn. So a decline of 6% but above my long term average of £325bn.
455bn sales is my third best ever with 516bn in December 2024 being the best, June the second best and now May the fourth best. The sales are coming in.
This comes to average daily sales of 14.7bn isk. In other words, each evening i expect to see across all my accounts an additional 15bn isk (less transaction taxes) sitting on the characters to be reinvested back into the markets.
So, good news on Sales for May, June and July in 2025.
Item profits were 120bn isk which is a margin of 26% (120/455). So above the 25% target. 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 50bn isk. I am still facing a lot more competition in Blueprints which is pushing up my broker relist fees - they are now running at 4% of sales vs 1 to 2% historically.
That takes the Trading Profits to 70bn isk and so a trading margin of 15.5% (70/454). So still below the 16% margin target which rarely happens.
And then from this 70bn profits i pay the 12bn Omega charge.
That was how 455 billion isk of sales became 58 billion isk of profits.
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 - 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 have 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.
Therefore, i mostly sell Implants, Blueprints, ship equipment and some structure modules. And more recently Large Skill Injectors.
What is selling well in July
Amarr for the fourth month in a row is the best sales location, followed by Dodixie.
And then out of no where Tash-Murkon came third followed by Rens and then Sobaseki and Delve both did better than Hek.
That was new. Could be a one off and Rens / Hek could re-establish themselves.
The main competitive issue remains Blueprints where in a number of my Trading Locations they are all being undercut on the daily basis and so we have a trading war going on.
That all said, Blueprints remains a good source of income as do implants and ship equipment. Mining items no longer - too competitive.
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.
Planetary Interaction
I have re-started this. 18 planets for now, set to staggered 14 day cycles. During July / August i plan to redesign all this and perhaps move out of High Sec.
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 32bn isk which is inline with the long term average.
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 is Omega and does manufacturing the rest remain as Alpha for now.
Plex
I bad 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 372bn isk of items in Hangers.
Buy Orders
Buy Orders have varied over time and peaked at around and are just off the high at 92bn. 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 190bn 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 want to enhance station trading a bit but i also want to keep distributing my isk to other content providers.
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 2.418 trillion ISK made up from:
- Plex held as an investment 2bn ISK
- Items in hanger for sale 372bn ISK
- Items in hanger for use in business 11bn ISK
- Omega brought forward 131bn ISK
- Buy orders on the market 92bn ISK
- items for sale 2.03 trillion ISK
- less a 20% provision 405bn ISK*
- ISK in wallet 190bn 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.
No comments:
Post a Comment