Over the last 11 months i have made sales of 208 billion isk in the two stations i seeded and so profits of around 34 billion. But all the costs associated with those stations being destroyed came to 93 billion meaning i have made a loss of 59 billion in my Market Seeding ventures. Damn.
I plan to relist all the items in two more stations. Both in High Sec, stay tuned.
Market Seeding
For several months i was seeding a market in Khanid and also Drone Lands.
I started in September 2025, and discussed it back then in my first market seeding post and again in February in an update on market seeding.
In total i was seeding two stations, the one in Khanid and one out in Drone Lands run by the team from DeclarationsforWar podcast.
In total i made sales of 208 billion isk and if i assume my normal margin structure (big ask) then i would have made around 34 billion isk from 4 characters. That was quite respectable.
The First Destruction cost me 30 billion
I had 105 billion of assets up for sale. Which all went into Asset Safety outside of High Sec.
The first station went down back in April, cost me 30 billion, and i wrote about it The Fall of UAJ5-K = 105 billion Sell Orders into Asset Safety = 30 billion cost to me.
The 30 billion cost is made up from:
1) the cost of releasing the assets from Asset Safety = 10 billion.
2) the mark to market costs = 18 billion (prices had fallen in Jita since i had listed the items for sale and so now worth less)
3) courier costs of those items to the next place to put them up for sale 2 billion
This destruction cost me 65 billion
I had 342 billion of items up for sale which all went into High Sec Asset Safety.
Against this 342 billion i had a 68 billion provision (i always have a 20% provision against my Sell Orders to cover Transaction Taxes and price movements).
So that's 273 billion.
Marking those items to market (i.e. marking to the prices in Jita) cost me 48 billion. In other words, prices in the market over the last 11 months or so had fallen a long way for the items i had for sale).
Asset Safety only cost me 1 billion (this is High Sec).
Courier Provision cost me 11 billion (nothing quite like a disaster to soak up as much negative costs as i can think of).
And then a relisting provision costs me 5 billion.
so 48 + 1 + 11 + 5 = 65 billion.
The bottom line
Profits over 11 months = 34 billion
Costs of Asset Safety, mark to market, couriering etc 93 billion (30+63).
Net loss 59 billion.
Data warning
I will be the first to admit that i am not confident that my spreadsheets properly pick up all my assets or value them correctly. It is quite possible that the value of my assets is understated.
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