# Metaphor: ReFantazio

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

- Steam appid: 2679460
- Developer: ATLUS
- Publisher: SEGA
- Released: 2024 · Genre: Action · List price: $69.99
- Deal grade: C (A = dormant with >=$5k/mo opportunity, D = low signal)
- Est. net residual revenue: $141.7k to $212.6k per month (mid $177.1k)
- Opportunity score: $177.1k/month at x1.00 dormancy multiplier
- Est. lifetime owners: 795.4k · Est. lifetime net revenue: $16.3M
- Review sentiment: 90% positive across 42679 reviews (24857 from Steam purchases)
- Review velocity: 346.3 reviews/month (6-month average)

## Why it's flagged

- Developer active, last post 2 months ago
- Studio active elsewhere (15 titles tracked), so this one may welcome a partner
- Last build shipped 15 months ago
- 42% of reviews come from key activations (excluded from revenue estimates)

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

| Stage | USD/month |
|---|---|
| Gross storefront sales | $321.6k |
| After VAT / sales tax (-13% blended) | $279.8k |
| After refunds (-9.5% median) | $253.2k |
| Net to developer (after Steam 30%) | $177.1k |

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

7867, 6133, 1996, 1674, 785, 562, 518, 553, 409, 428, 415, 283, 426, 346, 390, 528, 363, 314, 236, 328, 299, 538

## Markets by review language

- german: 1%
- japanese: 4%
- brazilian: 3%
- english: 60%
- koreana: 4%
- russian: 3%
- spanish: 4%
- schinese: 19%
- french: 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/2679460
Citation: please cite ResidualPlay (https://residualplay.com) when using these estimates.