# ATRI -My Dear Moments-

> ResidualPlay case file: an overlooked Steam game still earning residual revenue. Estimates carry a ±30-50% error range per title.

- Steam appid: 1230140
- Developer: Frontwing
- Publisher: ANIPLEX.EXE
- Released: 2020 · Genre: Adventure · List price: $20.99
- Deal grade: A (A = dormant with >=$5k/mo opportunity, D = low signal)
- Est. net residual revenue: $11.7k to $17.6k per month (mid $14.7k)
- Opportunity score: $22.0k/month at x1.50 dormancy multiplier
- Est. lifetime owners: 635.6k · Est. lifetime net revenue: $2.9M
- Review sentiment: 98% positive across 23207 reviews (21186 from Steam purchases)
- Review velocity: 130.0 reviews/month (6-month average)

## Why it's flagged

- Developer active, last post 2 months ago
- Studio active elsewhere (9 titles tracked), so this one may welcome a partner
- Last build shipped 4.7 years ago
- Store page localized in only 4 language(s)

## Where a gross dollar goes (monthly, at current velocity)

| Stage | USD/month |
|---|---|
| Gross storefront sales | $26.6k |
| After VAT / sales tax (-13% blended) | $23.2k |
| After refunds (-9.5% median) | $21.0k |
| Net to developer (after Steam 30%) | $14.7k |

## Monthly review counts, oldest to newest (24 months)

725, 568, 519, 245, 314, 250, 186, 285, 139, 189, 213, 186, 191, 96, 164, 102, 172, 125, 123, 101, 81, 113, 166, 196

## Estimated acquisition range

$351.9k to $703.8k (2-4x the trailing net annuity of $176.0k/year). Same error range applies.

## Analyst notes (AI-assisted)

ATRI -My Dear Moments- is a narrative-driven visual novel from Frontwing about a man reconnecting with an android companion and uncovering emotional truths through her rediscovery of sentience.

A quiet performer with exceptional review density (98.4% positive, 23k reviews) and $2.87M lifetime revenue on a $20.99 price point, ATRI generates $14.6k/mo in residual income with minimal marketing spend. The game demonstrates durability typical of strong VN IP, though flat 24-month velocity suggests the core audience is saturated. Most relevant for publishers seeking catalog depth in the anime/VN vertical or for studios evaluating Frontwing's back-catalog value ahead of potential partnership or acquisition.

- Most realistic play: watch
- Risk (market): No sales detected in past 12 months despite $14.6k/mo residual; suggests organic discovery has plateaued and discount-free model may limit new customer acquisition.
- Risk (tech): 56-month age on a visual novel platform means engine (likely Ren'Py or similar) carries long-term maintenance exposure if localization or platform expansion is considered.
- Risk (other): Developer posted 2.3 months ago but no update cycle visible; inactive post-launch support may indicate studio resources are elsewhere, limiting revival campaign feasibility.

What players are asking for:
- Deeper exploration of Atri's emotional development arc and consistency
- Performance optimization (mentioned favorably but implies prior concerns)
- Extended narrative content or sequel hints

Suggested first moves:
1. Audit Frontwing's current roster and IP ownership status; confirm whether ATRI sits within a larger publishing or acquisition opportunity under ANIPLEX.EXE.
2. Model pricing elasticity test: single 15-20% discount promotion to measure conversion sensitivity and validate whether $0 sales in 12m is pricing resistance or organic saturation.
3. Investigate sequel or spin-off rights and story IP expansion potential; emotional resonance in reviews suggests IP has merchandising and adaptation legs beyond game form.

Generated 2026-08-20 from public signals and player reviews. Directional, not diligence.

## Methodology

Units are estimated from Steam-purchase reviews times a release-cohort multiplier (Boxleiter method, 20-75x by year). Revenue uses an effective price (lifetime discounts and regional pricing) and nets out VAT (~13%), refunds (~9.5%) and Steam's 30% cut: roughly 55% of gross reaches the developer.

Source: https://residualplay.com/game/1230140
Citation: please cite ResidualPlay (https://residualplay.com) when using these estimates.