Q2 2013 Financial Report

Overview

No changes have been made to trading or construction strategy in Q1 or Q2 of 2013. The Capital Construction wing has been resulting in a hull sale every 2.19 days on average thanks to Raath’s management, Jump Freighter production has been proceeding, and copy jobs on Freighter BPOs are in progress to feed future Jump Freighter production jobs.

Net Worth

Somewhere around the start of the summer we passed the 200 B mark with a large majority in BPOs. This amount does not include the 5 B outsourced to Lockefox for Jump Freighter construction as I will count this amount when it has been returned or rolled into another venture.

2013-07-23_net_worth

2013-07-23_net_worth_pie

Revenue Trend

Now that Capital sales having outpaced normal trading due to my lack of time commitment to 0.01 trading, there is a trend emerging in our revenue report. There is a concentration of income around a narrow band of around 1,000 M (1B) ISK.

2013-07-22_revenue1

Jump Freighter Construction with Lockefox

Manufacturing and sales have been progressing.

lockefox1

I have purchased 1x Racial Freighter BPOs and have them in copy jobs so that I can perform invention jobs to further this joint venture as it looks to be very profitable.

Heavy Industry

Jobs have been proceeding unabated.

2013-07-22_industry_jobs1


Evemail from Gerard Nardeaux

I have not been keeping up with reading evemails to Blake Armitage as he has been grinding longer skills. As a result I have not responded to some really thoughtful evemail inquiries.

I now want to take the time to respond to a few of them. I contacted Gerard Nardeaux and he gave me the green light to post my responses on the blog.

2013.06.03 17:36
I am desperate to understand how you organize and use market and industrial data. EMDR is a great tool, but I personally have no idea how to parse through the literal fire hose of data and then load it into MySQL for clean price data. As a result, I’ve been taking advantage of sites that regularly update EMDR data. Do you use MySQL to sort through historical data to produce weekly, monthly, quarterly, and annual reports? Or do you manually keep track of expenses and revenue? As of right now with a total of 8 research and manufacturing slots, this is no problem for me. I imagine it gets very difficult as the scale of production increases, though.

All of my graphs are produced in Excel with CSV exports from phpMyAdmin that is connected to our database. I aggregate records of every transaction in a simple ‘wallet’ table that is fed from a few character’s API’s. I then perform some simple data grouping or sorting in my initial query and then take that into Excel to make a user-facing graph or table as it makes it look more polished.

Outside of the normal SELECT and FROM statements you can leverage a lot of power by using simple WHERE, ORDER BY, or GROUP BY statements:

  • To take a look at items in 2012, use WHERE transactionDateTime LIKE  ‘2012-%’
  • Filtering only Carrier and Dreadnought hulls can be done by using WHERE typeID IN (23757, 23915, 23911, 24483, 19724, 19720, 19726, 19722)
  • GROUP BY typeID can be used to gather intelligence on how items compare to eachother
  • GROUP BY wallet.typeID combined with ORDER BY totalProfit DESC will let you know in Descending order which items are the most profitable

Outside of mucking around in the database tables, my partner and I use web based production and tracking sites to aid our projects.

Raath has created industry.darkshadowindustries.com, which strongly caters to our manufacturing wing, and I released my Wallet Manager that has a lot of reporting and profit tracking.

Keeping track of profits is done on a first in, first out basis as outlined here in a previous post.

You’re right to assume that my margin of error for asset tracking increases along with scale. I believe that I am currently giving myself a +/- 10B on a net worth of 200B. Right now there are assets in construction, transit, and in the wallet of a industry partner as we are constructing some large-scale items.

I recently had a discussion with Raath, who is warehousing the EMDR information, so this may help answer your question about how we handle it. We’re not using the data for historical trending, only what is the ‘now’ in New Eden.

(9:09:31 AM) Raath: the database should only have data going back 2 or 3 days
(9:09:45 AM) Raath: the point of it is that it aggregates current market data
(9:10:23 AM) Raath: but I was caching stuff from when I started catching the stream so I’ve got backed up about 6 months of sales
(9:10:45 AM) Raath: but now I hourly clear out expired orders so the only thing in our DB right now is confirmed live orders
(9:10:58 AM) Raath: and a couple of thousand confirmed expired


Odyssey Dreadnought Blueprint Change

As part of CCP Fozzie’s ship rebalancing efforts, he is removing the ideology of split-weapon systems. Ships like the Typhoon, Phoenix, and Naglfar, which historically had two weapon systems, are being phased out in favor of a single weapon type.

The change for the Phoenix and Naglfar were noted in the Odyssey patches notes as no longer requiring Capital Components which went into construction of the second weapon group.

The Phoenix no longer requires Capital Turret Hardpoints in its construction.
The Naglfar no longer requires Capital Launcher Hardpoints in its construction.
Odyssey Patch Notes

My interperation of these notes was that the build requirements were being removed. Today however, I found that they have shifted to the primary weapon group.

[edit]

I did not see the post in S&I detailing the shift of build requirements per Fozzie.

2013-06-04_twitter_1

 

2013-06-04_dread_changes

Here’s a screenshot of the Naglfar Blueprint post-Odyssey for verification. As always, adjust your build sheets and database tables.

2013-06-01_nag


Odyssey Blueprint Icon Change

Blueprint icons got a polish in the Odyssey update.

2013-06-04_blueprint_icon_change1

2013-06-04_blueprint_icon_change2

I still want an easy way to see the ME/PE of a Blueprint from the Inventory window. Perhaps this could be added to the tooltip.

2013-06-04_blueprint_icon_change3


Jump Freighter Industry Collaboration

Successful invasion campaigns are run by competent FCs that have logistical backbones with access to intelligence. This dynamic can also be said about large-scale industrial projects; combining the talents from multiple pools can produce very profitable results. Liquid ISK, assets, production management, market intelligence, and a dash of luck are all needed to have great results with industry.

Over time I’ve been running copy jobs on my Obelisk BPO and performing invention jobs on the side. This collection has been growing and has caused an itch that needed to be scratched. I wanted to see these items get produced.

Lockefox @HLIBIndustry and I have been talking about a collaborative project for a few months and we finally got around to narrowing down the scope and details of the collaborative operation.

2013.04.25.12.17.13

We combined my assets with Lockefox’s production management and market analysis skills in order to combine our efforts to produce multiple Jump Freighters. Within a few days Lockefox had worked out a four month production timeline stretching from the end of April until August. Not small-scale by any means as we were placing multi-billion amounts of materials into a month long production timeline.

2013-05-30_anshar_project

The three Obelisk BPCs were put into invention to net more Anshar runs, but the Invention Fairy said ‘hello no’ with three failures coming in for each invention job. Overall invention success rate for Anshar jobs is coming in at 16.7%.

2013-05-30_anshar_invention_results

More updates will come as we run through the production process. Lockefox got the initial project post out yesterday so also watch his blog for updates.