# The Alters

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

- Steam appid: 1601570
- Developer: 11 bit studios
- Released: 2025 · Genre: Adventure · List price: $34.99
- Deal grade: C (A = dormant with >=$5k/mo opportunity, D = low signal)
- Est. net residual revenue: $90.2k to $135.3k per month (mid $112.8k)
- Opportunity score: $112.8k/month at x1.00 dormancy multiplier
- Est. lifetime owners: 479.6k · Est. lifetime net revenue: $5.6M
- Review sentiment: 90% positive across 19356 reviews (14986 from Steam purchases)
- Review velocity: 384.5 reviews/month (6-month average)

## Why it's flagged

- Developer active, last post 0 months ago
- Studio active elsewhere (6 titles tracked), so this one may welcome a partner
- Last build shipped 0 months ago
- Last discounted 1 months ago, 10 sales in the last 12 months

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

| Stage | USD/month |
|---|---|
| Gross storefront sales | $204.7k |
| After VAT / sales tax (-13% blended) | $178.1k |
| After refunds (-9.5% median) | $161.2k |
| Net to developer (after Steam 30%) | $112.8k |

## Monthly review counts, oldest to newest (14 months)

6475, 1573, 954, 481, 662, 1164, 752, 707, 274, 273, 259, 252, 288, 961

## Missed seasonal-sale revenue (modeled)

Skipped 2 Steam seasonal sale window(s) in the last 14 months. Running a -50% discount in those windows is modeled at +$1.2M net in total, assuming a unit uplift of x3.0 (industry-typical for old catalog titles). Same ±30-50% error range applies.

## Markets by review language

- russian: 24%
- spanish: 2%
- brazilian: 2%
- french: 3%
- german: 3%
- japanese: 1%
- schinese: 18%
- english: 45%
- koreana: 2%

## 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/1601570
Citation: please cite ResidualPlay (https://residualplay.com) when using these estimates.
