# Ninano: Dream Ranch

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

- Steam appid: 2140600
- Developer: NABI
- Released: 2024 · Genre: Casual · List price: $16.99
- Deal grade: B (A = dormant with >=$5k/mo opportunity, D = low signal)
- Est. net residual revenue: $232 to $348 per month (mid $290)
- Opportunity score: $391/month at x1.35 dormancy multiplier
- Est. lifetime owners: 896 · Est. lifetime net revenue: $4.5k
- Review sentiment: 80% positive across 49 reviews (28 from Steam purchases)
- Review velocity: 2.3 reviews/month (6-month average)

## Why it's flagged

- Developer silent for 16 months
- Studio quiet across its whole catalog
- Last build shipped 16 months ago
- 43% 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 | $526 |
| After VAT / sales tax (-13% blended) | $458 |
| After refunds (-9.5% median) | $414 |
| Net to developer (after Steam 30%) | $290 |

## Monthly review counts, oldest to newest (8 months)

14, 2, 5, 1, 4, 1, 2, 1

## Estimated acquisition range

$7.0k to $13.9k (2-4x the trailing net annuity of $3.5k/year). Same error range applies.

## Markets by review language

- english: 56%
- koreana: 19%
- japanese: 4%
- schinese: 22%

## 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/2140600
Citation: please cite ResidualPlay (https://residualplay.com) when using these estimates.