Month End Update - July 2026

I made 14 billion is in July 2026, from this i made an accounting payment of 5 billion to Omega my 5 accounts,  65 billion of costs do to with a Seeding Station being destroyed (more on that below) and no distributions.

Therefore, my wealth fell by billion to 2.363 trillion isk.

I have been giving away my wealth since July 2023 and so far have given away 629 billion isk in that time vs the 1.7 trillion isk i have made over that time.  So arguably i have 1.1 trillion to give away still!  I wrote more about it recently in a prior post including the recipients of the distributions.

Total Sell Orders were fell 366 billion to at 2.1 trillion due to a Seeding Station being destroyed and so all the Items for Sale no longer being for sale.  Buy Orders are now nil - i will need to get these back in action for my manufacturing.

Therefore, i have 2.1 trillion of Orders on the market.

Format of the Month End Review

I have shortened the Month End Update to what happened rather than the background to my strategy etc.  Those will be in other posts.  But lets move the waffle off here.

In future i plan to do a more in-depth analysis of what i am selling - setting up the spreadsheets to do the analysis.

2026 Aims: I discussed my aims for 2026 in this post at the start of the year and the half year review was in this post.

Omega / "accounting payments": I discussed this omega accounting in a recent post, a joy for all accountants (like myself) to read, i am sure.

My Sales Strategy within my Regional Trading Business: I discussed this in a recent post on my Regional Trading Strategy.

The basic numbers for July

In July i had sales of 209bn isk vs June of 329bn.  So a fall of 36% vs the average of 325bn.

Other than June, the market has been quiet since March - or i need to change my strategy.  To that end, i am focusing more on selling into at least some market volume rather than putting items up for sale where no market volume exists (i.e trying to create a market in an item where none existed before).

June, i suspect, was boosted by the launch of Cradle of War.

This comes to average daily sales of 6.7 bn isk.  In other words, each evening i expect to see across all my accounts an additional 6.7 bn isk (less transaction taxes) sitting on the characters to be reinvested back into the markets.

I sense competition is continuing to lessen - so this feels like a market slowdown rather than me losing market share.  I have a lower number of orders to update each day.  Therefore, margins are starting to recover.  i.e. i am not spending isk in Broker Relist Fees.

Item profits were 42bn isk which is a margin of 20% (42/209).  So getting back to the target of 25%.  That is good news.

However, I have been thinking about my margin fluctuations.  Part of me thinks that the items i hold in hangers as part of the manufacturing project (some 300 billion) could be moving down in value and i am not able to split this decline out from the normal trading.  Hence, as the cost of items generally rises i will benefit from a positive mark-to-market profit, and of course get hit when market prices decline.

Taxes and Courier fees came to 27bn isk.  Within this, the broker relisting fees came to 5.4% of sales vs the spike of 8.0% in September and the more normal range of 2.9%.  My data suggests this is driven by competing on items where no sales are ever taking place.  I am taking action on this and hope to report lower fees in for the August update.

That takes the Trading Profits to 14bn isk and so a trading margin of 6.8% (14/209).  So a hit this month from the spite in Broker relist fees.

And then from this 14 billion profits i pay the 5 billion Omega and the 65 billion of Seeding Market destruction costs.

That was how 209 billion isk of sales became 55 billion isk increase in wealth.

Seeding Station destruction = 65 billion cost

I covered this in a prior post.

But in summary:

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.

Manufacturing

I am doing what i often do, and giving this another shot.

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.  So far i have experimented with small items like missiles and ammo but also larger ships such as Orcas.  So far i am not making enough to justify the effort.  I reviewed my poor efforts into manufacturing in this post.

Ideally, i want to create a process that i can scale.  Not there yet.

Seeding a player owned station

More news on this in the next update but i will relist all my items back into the Khanid region, same system - lets see how that goes.

And i have found another station to seed in Highsec.

More on this later.

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

Down to nil.

Old Accounts

This is my third outing in Eve Online.  I still have the characters of the prior two attempts.  Some went to Omega status after the June 2025 Omega / MCT deal but are now all back as Alpha Accounts.

They are though available to me with plenty of skills to convert back to Omega if i need to.

To make life easier in September 2025 i decided to combine them all into one Alliance, the Merchanting Industry Finance Philanthropy Alliance.

Plex

I don't store Plex.  As a rule i don't invest in items that Fenris / CCP can control as part of the commercial inputs into the game.  When i come across a deal i like i will buy the Plex in the spot market.

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.

And then there are all the items that were in Asset Safety now back in my inventory.

In all, some 517 billion isk of items in Hangers.

Buy Orders

Right now, they are at nil.  But i expect to increase them again as i refocus on manufacturing.

ISK

I have 99 billion spare ISK kicking around.

And i plan to relaunch into manufacturing.  So hopefully making good use of surplus isk.

Current Wealth

Current wealth is 2.363 trillion ISK made up from:

• Plex held as an investment 1bn ISK
• Items in hanger for sale 517bn ISK
• Items in hanger for use in business 11bn ISK
• Omega brought forward 51bn ISK
• Buy orders on the market 0bn ISK
• items for sale 2.106 trillion ISK
• less a 20% provision 421bn ISK
• ISK in wallet 99bn 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.