# UFO ROBOT GRENDIZER – The Feast of the Wolves

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

- Steam appid: 2295970
- Developer: Endroad
- Publisher: Microids
- Released: 2023 · Genre: Action · List price: $39.99
- Deal grade: B (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: $3.4k/month at x1.65 dormancy multiplier
- Est. lifetime owners: 17.7k · Est. lifetime net revenue: $176.1k
- Review sentiment: 84% positive across 662 reviews (552 from Steam purchases)
- Review velocity: 8.2 reviews/month (6-month average)

## Why it's flagged

- Developer silent for 16 months
- Studio quiet across its whole catalog
- Last build shipped 28 months ago

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

| Stage | USD/month |
|---|---|
| Gross storefront sales | $3.7k |
| After VAT / sales tax (-13% blended) | $3.2k |
| After refunds (-9.5% median) | $2.9k |
| Net to developer (after Steam 30%) | $2.0k |

## Monthly review counts, oldest to newest (24 months)

5, 5, 9, 10, 11, 10, 6, 9, 4, 14, 5, 11, 8, 7, 7, 11, 14, 3, 7, 11, 5, 4, 13, 9

## Estimated acquisition range

$48.9k to $97.7k (2-4x the trailing net annuity of $24.4k/year). Same error range applies.

## Markets by review language

- french: 25%
- russian: 4% (game NOT localized in this language)
- spanish: 4%
- japanese: 5%
- schinese: 8%
- brazilian: 1%
- german: 0%
- english: 49%
- koreana: 3%

## Analyst notes (AI-assisted)

Action game based on the classic UFO Robot Grendizer anime, developed by Endroad and published by Microids in 2023.

Feast of the Wolves generated $176k lifetime on modest unit velocity (17.6k copies) and maintains $2.0k/mo residual revenue with zero promotional activity in the past 16 months. The 84% positive sentiment and consistent 8 reviews/mo suggest a stable, niche audience. However, a single-title studio with no recent dev communication, no localization beyond Russian gaps, and licensed IP tied to a dormant anime franchise limits upside; the game is functionally self-sustaining but unlikely to justify acquisition unless the buyer holds Grendizer franchise rights or seeks a cheap catalog entry with low operational overhead.

- Most realistic play: watch
- Licensed IP: the game is built on third-party intellectual property
- Risk (licensed_ip): UFO Robot Grendizer IP ownership complex: original series (1975) owned by multiple entities (Japanese studio, syndication holders); modern licensing likely controlled by distributor or original rights holders, making standalone acquisition of this game nearly impossible.
- Risk (other): Developer Endroad is a single-title studio with no public activity for 16+ months, indicating potential dissolution or indefinite hiatus.
- Risk (market): No discount promotions in 12 months combined with flat velocity curve suggests the title has found its ceiling among core mecha/anime fans; mainstream expansion unlikely.

Suggested first moves:
1. Confirm Grendizer IP licensing status with Microids and identify actual rights holder before exploring any acquisition or revival pathway.
2. If Microids retains publishing rights, evaluate the game as a zero-maintenance catalog title generating $2.0k/mo with minimal support burden; assess whether it's worth acquiring solely for residual cashflow.
3. Monitor for any re-engagement from Endroad or hints of a successor project; if studio has dissolved, rights may revert or become available through publisher.

Generated 2026-08-20 from public signals and player reviews. Directional, not diligence.

## 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/2295970
Citation: please cite ResidualPlay (https://residualplay.com) when using these estimates.