# HARDCODED

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

- Steam appid: 2693710
- Developer: Ghost Hug Games
- Released: 2024 · Genre: Adventure · List price: $16.99
- Deal grade: B (A = dormant with >=$5k/mo opportunity, D = low signal)
- Est. net residual revenue: $464 to $695 per month (mid $579)
- Opportunity score: $782/month at x1.35 dormancy multiplier
- Est. lifetime owners: 8.9k · Est. lifetime net revenue: $44.2k
- Review sentiment: 92% positive across 342 reviews (278 from Steam purchases)
- Review velocity: 4.7 reviews/month (6-month average)

## Why it's flagged

- Developer silent for 13 months
- Studio quiet across its whole catalog
- Last build shipped 13 months ago
- Store page localized in only 1 language(s)

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

| Stage | USD/month |
|---|---|
| Gross storefront sales | $1.1k |
| After VAT / sales tax (-13% blended) | $915 |
| After refunds (-9.5% median) | $828 |
| Net to developer (after Steam 30%) | $579 |

## Monthly review counts, oldest to newest (21 months)

108, 34, 19, 9, 13, 10, 6, 11, 13, 12, 9, 2, 7, 9, 5, 5, 4, 3, 6, 5, 5

## Estimated acquisition range

$13.9k to $27.8k (2-4x the trailing net annuity of $7.0k/year). Same error range applies.

## Markets by review language

- french: 1% (game NOT localized in this language)
- english: 93%
- koreana: 0% (game NOT localized in this language)
- russian: 3% (game NOT localized in this language)
- spanish: 1% (game NOT localized in this language)
- brazilian: 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/2693710
Citation: please cite ResidualPlay (https://residualplay.com) when using these estimates.