# COVEN

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

- Steam appid: 1785940
- Developer: Gator Shins
- Publisher: Hellforge Studios
- Released: 2024 · Genre: Action · List price: $14.99
- Deal grade: D (A = dormant with >=$5k/mo opportunity, D = low signal)
- Est. net residual revenue: $409 to $613 per month (mid $511)
- Opportunity score: $511/month at x1.00 dormancy multiplier
- Est. lifetime owners: 8.2k · Est. lifetime net revenue: $36.0k
- Review sentiment: 93% positive across 279 reviews (257 from Steam purchases)
- Review velocity: 4.7 reviews/month (6-month average)

## Why it's flagged

- Developer active, last post 3 months ago
- Last build shipped 17 months ago
- Store page localized in only 1 language(s)

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

| Stage | USD/month |
|---|---|
| Gross storefront sales | $928 |
| After VAT / sales tax (-13% blended) | $807 |
| After refunds (-9.5% median) | $731 |
| Net to developer (after Steam 30%) | $511 |

## Monthly review counts, oldest to newest (20 months)

75, 23, 14, 6, 5, 8, 14, 7, 9, 4, 1, 56, 10, 6, 9, 3, 8, 2, 2, 4

## Markets by review language

- french: 0% (game NOT localized in this language)
- german: 2% (game NOT localized in this language)
- english: 89% (game NOT localized in this language)
- russian: 6% (game NOT localized in this language)
- spanish: 0% (game NOT localized in this language)
- schinese: 1% (game NOT localized in this language)
- brazilian: 1% (game NOT localized in this language)

Localization gap: 100% of measured reviews are written in languages the game does not support (top: english). Localizing is likely immediate market expansion.

## 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/1785940
Citation: please cite ResidualPlay (https://residualplay.com) when using these estimates.