# ANTHEM#9

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

- Steam appid: 2656490
- Developer: koeda
- Publisher: SHUEISHA GAMES
- Released: 2026 · Genre: Indie · List price: $14.99
- Deal grade: C (A = dormant with >=$5k/mo opportunity, D = low signal)
- Est. net residual revenue: $2.5k to $3.7k per month (mid $3.1k)
- Opportunity score: $3.1k/month at x1.00 dormancy multiplier
- Est. lifetime owners: 3.9k · Est. lifetime net revenue: $19.6k
- Review sentiment: 90% positive across 158 reviews (122 from Steam purchases)
- Review velocity: 24.4 reviews/month (6-month average)

## Why it's flagged

- Developer active, last post 0 months ago
- Last build shipped 3 months ago

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

| Stage | USD/month |
|---|---|
| Gross storefront sales | $5.6k |
| After VAT / sales tax (-13% blended) | $4.8k |
| After refunds (-9.5% median) | $4.4k |
| Net to developer (after Steam 30%) | $3.1k |

## Monthly review counts, oldest to newest (5 months)

102, 8, 8, 2, 2

## Markets by review language

- english: 33%
- koreana: 3% (game NOT localized in this language)
- russian: 1% (game NOT localized in this language)
- japanese: 36%
- schinese: 25%
- brazilian: 2% (game NOT localized in this language)
- german: 1% (game NOT localized in this language)

## 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/2656490
Citation: please cite ResidualPlay (https://residualplay.com) when using these estimates.