# Spirit Valley

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

- Steam appid: 2649480
- Developer: Otterside Games
- Publisher: Critical Bliss
- Released: 2025 · Genre: Adventure · List price: $14.99
- Deal grade: C (A = dormant with >=$5k/mo opportunity, D = low signal)
- Est. net residual revenue: $2.3k to $3.5k per month (mid $2.9k)
- Opportunity score: $2.9k/month at x1.00 dormancy multiplier
- Est. lifetime owners: 38.0k · Est. lifetime net revenue: $191.1k
- Review sentiment: 90% positive across 1236 reviews (1188 from Steam purchases)
- Review velocity: 23.2 reviews/month (6-month average)

## Why it's flagged

- Developer active, last post 9 months ago
- Studio active elsewhere (2 titles tracked), so this one may welcome a partner
- Last build shipped 11 months ago

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

| Stage | USD/month |
|---|---|
| Gross storefront sales | $5.3k |
| After VAT / sales tax (-13% blended) | $4.6k |
| After refunds (-9.5% median) | $4.2k |
| Net to developer (after Steam 30%) | $2.9k |

## Monthly review counts, oldest to newest (22 months)

214, 215, 80, 80, 70, 33, 34, 32, 52, 39, 78, 47, 45, 49, 29, 25, 23, 20, 30, 15, 22, 29

## Markets by review language

- koreana: 2% (game NOT localized in this language)
- spanish: 4% (game NOT localized in this language)
- japanese: 1%
- schinese: 7%
- brazilian: 9%
- french: 2% (game NOT localized in this language)
- german: 1% (game NOT localized in this language)
- english: 62%
- russian: 11%

## 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/2649480
Citation: please cite ResidualPlay (https://residualplay.com) when using these estimates.
