# Gehenna

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

- Steam appid: 2449530
- Developer: Kemuriya
- Publisher: OTAKU Plan
- Released: 2024 · Genre: Adventure · List price: $19.99
- Deal grade: B (A = dormant with >=$5k/mo opportunity, D = low signal)
- Est. net residual revenue: $234 to $351 per month (mid $292)
- Opportunity score: $380/month at x1.30 dormancy multiplier
- Est. lifetime owners: 2.5k · Est. lifetime net revenue: $14.4k
- Review sentiment: 84% positive across 103 reviews (77 from Steam purchases)
- Review velocity: 2.0 reviews/month (6-month average)

## Why it's flagged

- Developer active, last post 6 months ago
- Last build shipped 21 months ago
- Store page localized in only 3 language(s)
- Last discounted 0 months ago, 8 sales in the last 12 months

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

| Stage | USD/month |
|---|---|
| Gross storefront sales | $530 |
| After VAT / sales tax (-13% blended) | $461 |
| After refunds (-9.5% median) | $418 |
| Net to developer (after Steam 30%) | $292 |

## Monthly review counts, oldest to newest (17 months)

34, 6, 3, 5, 0, 1, 3, 2, 5, 3, 2, 5, 3, 1, 1, 1, 1

## Missed seasonal-sale revenue (modeled)

Skipped 2 Steam seasonal sale window(s) in the last 17 months. Running a -50% discount in those windows is modeled at +$2.6k net in total, assuming a unit uplift of x3.0 (industry-typical for old catalog titles). Same ±30-50% error range applies.

## Estimated acquisition range

$7.0k to $14.0k (2-4x the trailing net annuity of $3.5k/year). Same error range applies.

## Markets by review language

- schinese: 58%
- brazilian: 1% (game NOT localized in this language)
- english: 34%
- koreana: 1% (game NOT localized in this language)
- russian: 4% (game NOT localized in this language)
- japanese: 1%

## 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/2449530
Citation: please cite ResidualPlay (https://residualplay.com) when using these estimates.