received compensation from Packlink have I lost money

I sold an item for 7.16 + postage 4.36 (11.52) and only spent 9.96 (item cost 3.99 + fees 1.15 & 0.63 + shipping 4.19) so think I made a profit of 1.56.

 

Unfortunately the item got lost in the post so I had to refund buyer 11.52. I have recevied compenstation for 7.16 (how much item was brought for) + 4.19 (price I paid for postage) as well as ebay fees of 1.15. 

 

Paypal processing fee was 0.63 which I am not getting back

 

I think I am now 8.98 out of pocket

 

Please can someone tell me if this is correct or not. 

 

 

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Answers (1)

Not sure why you think that? Surely your only out of pocket for the PayPal  fees?