# Sheryl ~The Alchemist of the Island Ruins~

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

- Steam appid: 2787300
- Developer: Pakkuri Paradise
- Publisher: Kagura Games
- Released: 2024 · Genre: RPG · List price: $17.99
- Deal grade: B (A = dormant with >=$5k/mo opportunity, D = low signal)
- Est. net residual revenue: $245 to $368 per month (mid $307)
- Opportunity score: $583/month at x1.90 dormancy multiplier
- Est. lifetime owners: 6.9k · Est. lifetime net revenue: $36.3k
- Review sentiment: 82% positive across 250 reviews (216 from Steam purchases)
- Review velocity: 2.3 reviews/month (6-month average)

## Why it's flagged

- No developer announcement on record, ever
- Studio quiet across its whole catalog
- Last build shipped 28 months ago
- Store page localized in only 3 language(s)

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

| Stage | USD/month |
|---|---|
| Gross storefront sales | $557 |
| After VAT / sales tax (-13% blended) | $485 |
| After refunds (-9.5% median) | $438 |
| Net to developer (after Steam 30%) | $307 |

## Monthly review counts, oldest to newest (24 months)

34, 15, 13, 9, 5, 5, 4, 7, 2, 3, 3, 2, 1, 3, 1, 2, 1, 2, 1, 2, 3, 2, 3, 3

## Estimated acquisition range

$7.4k to $14.7k (2-4x the trailing net annuity of $3.7k/year). Same error range applies.

## Markets by review language

- schinese: 63%
- brazilian: 1% (game NOT localized in this language)
- german: 2% (game NOT localized in this language)
- english: 28%
- koreana: 1% (game NOT localized in this language)
- russian: 2% (game NOT localized in this language)
- spanish: 1% (game NOT localized in this language)
- japanese: 3%

## 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/2787300
Citation: please cite ResidualPlay (https://residualplay.com) when using these estimates.