# Ritual of Raven

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

- Steam appid: 2066520
- Developer: Spellgarden Games
- Publisher: Team17
- Released: 2025 · Genre: Casual · List price: $14.99
- Deal grade: C (A = dormant with >=$5k/mo opportunity, D = low signal)
- Est. net residual revenue: $1.6k to $2.4k per month (mid $2.0k)
- Opportunity score: $2.0k/month at x1.00 dormancy multiplier
- Est. lifetime owners: 10.2k · Est. lifetime net revenue: $51.3k
- Review sentiment: 89% positive across 371 reviews (319 from Steam purchases)
- Review velocity: 15.8 reviews/month (6-month average)

## Why it's flagged

- Developer active, last post 3 months ago
- Studio active elsewhere (3 titles tracked), so this one may welcome a partner
- Last build shipped 9 months ago

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

| Stage | USD/month |
|---|---|
| Gross storefront sales | $3.6k |
| After VAT / sales tax (-13% blended) | $3.1k |
| After refunds (-9.5% median) | $2.8k |
| Net to developer (after Steam 30%) | $2.0k |

## Monthly review counts, oldest to newest (12 months)

133, 19, 17, 13, 15, 28, 17, 16, 19, 10, 13, 20

## Markets by review language

- french: 5%
- german: 4%
- english: 68%
- koreana: 5%
- spanish: 3%
- japanese: 3%
- schinese: 8%
- brazilian: 5%

## 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/2066520
Citation: please cite ResidualPlay (https://residualplay.com) when using these estimates.