# Unknown 9: Awakening

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

- Steam appid: 1477940
- Developer: Reflector Entertainment Ltd.
- Publisher: BANDAI NAMCO Entertainment Inc.
- Released: 2024 · Genre: Action · List price: $19.99
- Deal grade: B (A = dormant with >=$5k/mo opportunity, D = low signal)
- Est. net residual revenue: $818 to $1.2k per month (mid $1.0k)
- Opportunity score: $1.7k/month at x1.65 dormancy multiplier
- Est. lifetime owners: 8.6k · Est. lifetime net revenue: $50.3k
- Review sentiment: 37% positive across 935 reviews (269 from Steam purchases)
- Review velocity: 7.0 reviews/month (6-month average)

## Why it's flagged

- Developer silent for 20 months
- Studio quiet across its whole catalog
- Last build shipped 20 months ago
- 71% of reviews come from key activations (excluded from revenue estimates)

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

| Stage | USD/month |
|---|---|
| Gross storefront sales | $1.9k |
| After VAT / sales tax (-13% blended) | $1.6k |
| After refunds (-9.5% median) | $1.5k |
| Net to developer (after Steam 30%) | $1.0k |

## Monthly review counts, oldest to newest (22 months)

72, 7, 26, 7, 10, 4, 9, 17, 17, 21, 7, 3, 6, 8, 7, 10, 5, 10, 11, 2, 5, 9

## Estimated acquisition range

$24.5k to $49.1k (2-4x the trailing net annuity of $12.3k/year). Same error range applies.

## 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/1477940
Citation: please cite ResidualPlay (https://residualplay.com) when using these estimates.