# Shadowveil: Legend of The Five Rings

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

- Steam appid: 2536960
- Developer: Palindrome Interactive
- Released: 2025 · Genre: Adventure · List price: $24.99
- Deal grade: B (A = dormant with >=$5k/mo opportunity, D = low signal)
- Est. net residual revenue: $782 to $1.2k per month (mid $978)
- Opportunity score: $1.3k/month at x1.35 dormancy multiplier
- Est. lifetime owners: 14.9k · Est. lifetime net revenue: $125.2k
- Review sentiment: 75% positive across 493 reviews (467 from Steam purchases)
- Review velocity: 4.7 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

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

| Stage | USD/month |
|---|---|
| Gross storefront sales | $1.8k |
| After VAT / sales tax (-13% blended) | $1.5k |
| After refunds (-9.5% median) | $1.4k |
| Net to developer (after Steam 30%) | $978 |

## Monthly review counts, oldest to newest (16 months)

327, 30, 25, 10, 16, 6, 8, 5, 8, 13, 5, 7, 1, 1, 7, 7

## Estimated acquisition range

$23.5k to $46.9k (2-4x the trailing net annuity of $11.7k/year). Same error range applies.

## Markets by review language

- schinese: 15% (game NOT localized in this language)
- brazilian: 2%
- french: 4%
- german: 3%
- english: 68%
- koreana: 1% (game NOT localized in this language)
- russian: 2% (game NOT localized in this language)
- spanish: 5%

Localization gap: 18% of measured reviews are written in languages the game does not support (top: schinese). Localizing is likely immediate market expansion.

## 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/2536960
Citation: please cite ResidualPlay (https://residualplay.com) when using these estimates.