# Strings Theory

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

- Steam appid: 1402030
- Developer: BeautifulBee
- Released: 2021 · Genre: Adventure · List price: $14.99
- Deal grade: B (A = dormant with >=$5k/mo opportunity, D = low signal)
- Est. net residual revenue: $523 to $785 per month (mid $654)
- Opportunity score: $1.0k/month at x1.60 dormancy multiplier
- Est. lifetime owners: 1.2k · Est. lifetime net revenue: $4.3k
- Review sentiment: 98% positive across 40 reviews (36 from Steam purchases)
- Review velocity: 7.0 reviews/month (6-month average)

## Why it's flagged

- Developer silent for 4.6 years
- Studio quiet across its whole catalog
- Last build shipped 16 months ago

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

| Stage | USD/month |
|---|---|
| Gross storefront sales | $1.2k |
| After VAT / sales tax (-13% blended) | $1.0k |
| After refunds (-9.5% median) | $935 |
| Net to developer (after Steam 30%) | $654 |

## Monthly review counts, oldest to newest (5 months)

33, 0, 0, 1, 1

## Estimated acquisition range

$15.7k to $31.4k (2-4x the trailing net annuity of $7.8k/year). Same error range applies.

## Markets by review language

- german: 8%
- english: 80%
- koreana: 4%
- schinese: 8%

## 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/1402030
Citation: please cite ResidualPlay (https://residualplay.com) when using these estimates.