# Earl vs. the Mutants

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

- Steam appid: 2292010
- Developer: Falling State Inc.
- Released: 2024 · Genre: Action · List price: $2.99
- Deal grade: B (A = dormant with >=$5k/mo opportunity, D = low signal)
- Est. net residual revenue: $175 to $262 per month (mid $219)
- Opportunity score: $415/month at x1.90 dormancy multiplier
- Est. lifetime owners: 3.5k · Est. lifetime net revenue: $3.1k
- Review sentiment: 97% positive across 151 reviews (110 from Steam purchases)
- Review velocity: 10.0 reviews/month (6-month average)

## Why it's flagged

- Developer silent for 2.1 years
- Studio quiet across its whole catalog
- Last build shipped 25 months ago

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

| Stage | USD/month |
|---|---|
| Gross storefront sales | $397 |
| After VAT / sales tax (-13% blended) | $345 |
| After refunds (-9.5% median) | $312 |
| Net to developer (after Steam 30%) | $219 |

## Monthly review counts, oldest to newest (7 months)

58, 49, 2, 2, 3, 2, 2

## Estimated acquisition range

$5.2k to $10.5k (2-4x the trailing net annuity of $2.6k/year). Same error range applies.

## Markets by review language

- french: 2%
- english: 87%
- russian: 6%
- brazilian: 6%

## 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/2292010
Citation: please cite ResidualPlay (https://residualplay.com) when using these estimates.