Press Releases for Odinsdagrting [ODNDT].

Sunday, January 31, 2010

Monthly Statement, January 2010

Odinsdagrting crosses 1 Billion ISK in monthly sales.

January saw 1,022,328,840.07 ISK in monthly gross sales. The net sales for the month was 515,874,016.71 ISK. The attractive part of this number is the 133.43% return on investment dollars that represents on the 386,626,345.90 ISK spent to build the goods that were sold.

All of this raises the corporate balance sheet to 2,389,174,896.58 ISK. This is a 10.08% growth over December.

We have begun tracking the costs and success rates of invention more closely. The month of January saw better than expected returns in invention which grew the corp by 40,247,066.44 ISK.

The dividend for January is 80,605.32 ISK. This is 16.12% of the par value of the stock, and 10.80% of the current book value of 746,617.15 ISK per share.

February will see the creation of more shares as part of a second stock offering. It was always the intention during the initial formation of Odinsdagrting to have a two stock offerings. The number of shares and the share price has not been settled.

Sunday, January 24, 2010

Odinsdagrting Announces Ship Kits

Odinsdagrting will begin selling ship kits on contract in Dal. These kits will include a ship, modules, rigs, drones, and ammunition. The first kit will be the Minuteman-class Incursus kit.

The kit itself will include:

  • 1 Incursus
  • 3 75mm Gatling Rail I
  • 3 Anode Light Electron Particle Cannon I
  • 1 1MN Afterburner I
  • 1 1MN Microwarp Drive I
  • 1 Initiated Harmonic Warp Scrambler I
  • 1 'Langour' Drive Disruptor I
  • 1 F85 Peripheral Damage System I
  • 1 Small Armor Repairer I
  • 1 200mm Reinforced Rolled Tungsten Plates I
  • 1 100mm Reinforced Rolled Tungsten Plates I
  • 2 Small Hybrid Collision Accelerator I
  • 2 Small Algid Hybrid Administrations Unit I
  • 1 Acolyte I
  • 1 Hobgoblin I
  • 1 Hornet I
  • 1 Warrior I
  • 1500 Antimatter Charge S
  • 1500 Iridium Charge S
  • 1500 Iron Charge S
  • 1500 Plutonium Charge S
  • 1500 Thorium Charge S
  • 1500 Tungsten Charge S

While the components in the kit can be used in any number of manners there are some loadouts that were specifically designed around for this kit:

We hope to begin offering a Tech 2 fitted Incursus kit and Enyo and Ishkur kits in the next few weeks.

Saturday, January 2, 2010

Monthly Statement, December, 2009

December is done, as is 2009. Dominion had a big impact on the month, and things have still not settled down.

December did see good sales, with 401,437,765.13 ISK in net sales. This, however, represents 18.5% of the company worth. Sales are not growing as quickly as the company is. After monthly dividends, the corporate balance sheet raises to 2,164,341,191.74 ISK. This represents a poor 5% growth for the month.

As with last month, it is expected that growth would be bigger since sales were bigger. There are two factors that I can cite for this difference.

One is Dominion. The changes to the build demands have up-ended prices. Several components that were were holding onto have lost a lot of value. Even at the end of the month, we are still not able to build some Tech 2 ships for less than twice what we built them in November.

Another factor is a misunderstanding in the Invention process. Running an invention job off of a Tech 1 rig BPC will always result in a 1-run Tech 2 BPC, regardless of how many runs the Tech 1 BPC had. However, using a decryptor that gives bonus runs to the Tech 2 BPC will add to 1-run if the Tech 1 BPC was max run. This resulted in some Tech 2 BPCs not being worth as much as I had originally though. We lost a few million in balancing things out.

Sales do now take into consideration sales tax. They do not, yet, take into consideration broker fees. The corporation is also now paying sales agents a commission. This will cut into growth, but should hopefully get others to take on the job from me.

The corporation is also posting sell orders in Dal. We will likely be posting some in Old Man Star, soon, too. Sales aren't very good in low sec, yet, but we are hoping to build the markets.

Dividends for the month of December were 62,724.65 ISK per share. This is 12.54% of the par value of the stock.