Expected Revenue and cost breakdown
considering guppy farming
Draft Report
Prepare by:
Reshon Sheyal
Heshani Almedha
Abstract
We have included an average pricing in this brief report that takes the local market into
consideration. In regard to Sri Lanka's existing circumstances, the local and export market
pricing are exactly the same. The draft pricing for each kind of guppy and the average expenses
that must be deducted from the overall profit are shown below. We additionally demonstrate the
theoretical earnings when a certain quantity of guppies (one thousand guppies each variety) is
taken into consideration.
We are offering a general price list here. In the wholesale market, these costs vary in response to
the volume of guppies sold.
Global Market
To calculate the potential revenue for farming each guppy variety, we can follow these steps:
Key Factors:
1. Cost of Farming:
○ Initial setup: breeding tanks, filters, heaters, etc.
○ Feed and maintenance costs per month.
○ Labor, utilities, and medication costs.
2. Let's assume an average farming cost of LKR 100 per guppy for basic maintenance,
excluding initial setup costs.
3. Market Price: Using the local market prices.
Sales Volume: Assuming you sell 1,000 fish per month of each variety.
Revenue for Each Variety
1. Red Glass Belly Guppy:
○ Market Price: LKR 250
○ Revenue per Fish: LKR 250 - LKR 100 = LKR 150
○ Total Revenue: 1,000 fish x LKR 150 = LKR 150,000
2. Black Moscow Guppy:
○ Market Price: LKR 350
○ Revenue per Fish: LKR 350 - LKR 100 = LKR 250
○ Total Revenue: 1,000 fish x LKR 250 = LKR 250,000
3. Full Red Guppy:
○ Market Price: LKR 300
○ Revenue per Fish: LKR 300 - LKR 100 = LKR 200
○ Total Revenue: 1,000 fish x LKR 200 = LKR 200,000
4. Platinum Guppy (White):
○ Market Price: LKR 320
○ Revenue per Fish: LKR 320 - LKR 100 = LKR 220
○ Total Revenue: 1,000 fish x LKR 220 = LKR 220,000
5. Full Gold Guppy:
○ Market Price: LKR 280
○ Revenue per Fish: LKR 280 - LKR 100 = LKR 180
○ Total Revenue: 1,000 fish x LKR 180 = LKR 180,000
6. SnakeSkin Guppy:
○ Market Price: LKR 260
○ Revenue per Fish: LKR 260 - LKR 100 = LKR 160
○ Total Revenue: 1,000 fish x LKR 160 = LKR 160,000
7. Green Moscow Guppy:
○ Market Price: LKR 340
○ Revenue per Fish: LKR 340 - LKR 100 = LKR 240
○ Total Revenue: 1,000 fish x LKR 240 = LKR 240,000
8. Koi Guppy:
○ Market Price: LKR 280
○ Revenue per Fish: LKR 280 - LKR 100 = LKR 180
○ Total Revenue: 1,000 fish x LKR 180 = LKR 180,000
9. Dumbo Ear Mosaic Guppy:
○ Market Price: LKR 300
○ Revenue per Fish: LKR 300 - LKR 100 = LKR 200
○ Total Revenue: 1,000 fish x LKR 200 = LKR 200,000
10. Purple Moscow Guppy:
○ Market Price: LKR 350
○ Revenue per Fish: LKR 350 - LKR 100 = LKR 250
○ Total Revenue: 1,000 fish x LKR 250 = LKR 250,000
Conclusion:
In this example, 1,000 Koi Guppies would bring in LKR 180,000, whereas 1,000 Black Moscow Guppies
would bring in LKR 25,000.
Regarding the guppy kinds available on the global market, I have included a pricing list above. However,
there are well-known guppy kinds in Sri Lanka. The guppy types available in the local market in Sri
Lanka are shown below, along with the expected revenue for each kind.
Local Market
Revenue Calculation for Each Variety:
1. Red Blonde Guppy:
○ Market Price: LKR 150
○ Cost of Farming: LKR 100
○ Revenue per Fish: LKR 150 - LKR 100 = LKR 50
○ Total Revenue: 1,000 fish x LKR 50 = LKR 50,000
2. Red Tuxedo Guppy:
○ Market Price: LKR 200
○ Revenue per Fish: LKR 200 - LKR 100 = LKR 100
○ Total Revenue: 1,000 fish x LKR 100 = LKR 100,000
3. Golden Red Tuxedo Guppy:
○ Market Price: LKR 230
○ Revenue per Fish: LKR 230 - LKR 100 = LKR 130
○ Total Revenue: 1,000 fish x LKR 130 = LKR 130,000
4. Micariff Sunset Guppy:
○ Market Price: LKR 220
○ Revenue per Fish: LKR 220 - LKR 100 = LKR 120
○ Total Revenue: 1,000 fish x LKR 120 = LKR 120,000
5. German Yellow Guppy:
○ Market Price: LKR 200
○ Revenue per Fish: LKR 200 - LKR 100 = LKR 100
○ Total Revenue: 1,000 fish x LKR 100 = LKR 100,000
6. Green Cobra Guppy:
○ Market Price: LKR 250
○ Revenue per Fish: LKR 250 - LKR 100 = LKR 150
○ Total Revenue: 1,000 fish x LKR 150 = LKR 150,000
7. Blue Cobra Guppy:
○ Market Price: LKR 270
○ Revenue per Fish: LKR 270 - LKR 100 = LKR 170
○ Total Revenue: 1,000 fish x LKR 170 = LKR 170,000
8. Red Cobra Guppy:
○ Market Price: LKR 280
○ Revenue per Fish: LKR 280 - LKR 100 = LKR 180
○ Total Revenue: 1,000 fish x LKR 180 = LKR 180,000
9. Silver Tuxedo Guppy:
○ Market Price: LKR 240
○ Revenue per Fish: LKR 240 - LKR 100 = LKR 140
○ Total Revenue: 1,000 fish x LKR 140 = LKR 140,000
10. Blue Neon Guppy:
○ Market Price: LKR 220
○ Revenue per Fish: LKR 220 - LKR 100 = LKR 120
○ Total Revenue: 1,000 fish x LKR 120 = LKR 120,000
Conclusion:
By calculating the revenue from selling 1,000 fish per variety, we can estimate the potential earnings. For
example, selling 1,000 Red Cobra Guppies would yield LKR 180,000 in revenue after farming costs.
These figures can vary depending on market demand and costs.
Guppy Revenue Table
Estimated Revenue
