# Sound of Horses

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

- Steam appid: 2705860
- Developer: Vanilla Sky Productions AB
- 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 $3.4k per month (mid $2.8k)
- Opportunity score: $2.8k/month at x1.00 dormancy multiplier
- Est. lifetime owners: 8.8k · Est. lifetime net revenue: $44.1k
- Review sentiment: 96% positive across 294 reviews (274 from Steam purchases)
- Review velocity: 22.7 reviews/month (6-month average)

## Why it's flagged

- Developer active, last post 2 months ago
- Last build shipped 4 months ago
- Last discounted 5 months ago, 2 sales in the last 12 months

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

| Stage | USD/month |
|---|---|
| Gross storefront sales | $5.2k |
| After VAT / sales tax (-13% blended) | $4.5k |
| After refunds (-9.5% median) | $4.1k |
| Net to developer (after Steam 30%) | $2.8k |

## Monthly review counts, oldest to newest (9 months)

34, 67, 40, 75, 19, 11, 12, 9, 10

## Missed seasonal-sale revenue (modeled)

Skipped 5 Steam seasonal sale window(s) in the last 9 months. Running a -50% discount in those windows is modeled at +$10.1k net in total, assuming a unit uplift of x3.0 (industry-typical for old catalog titles). Same ±30-50% error range applies.

## Markets by review language

- russian: 5%
- spanish: 1%
- brazilian: 0%
- french: 9%
- german: 26%
- english: 59%
- koreana: 0% (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/2705860
Citation: please cite ResidualPlay (https://residualplay.com) when using these estimates.