# The Midnight Walkers

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

- Steam appid: 2795540
- Developer: Oneway Ticket Studio
- Released: 2026 · Genre: Action · List price: $19.99
- Deal grade: C (A = dormant with >=$5k/mo opportunity, D = low signal)
- Est. net residual revenue: $14.8k to $22.2k per month (mid $18.5k)
- Opportunity score: $18.5k/month at x1.00 dormancy multiplier
- Est. lifetime owners: 46.8k · Est. lifetime net revenue: $313.4k
- Review sentiment: 54% positive across 1709 reviews (1461 from Steam purchases)
- Review velocity: 110.2 reviews/month (6-month average)

## Why it's flagged

- Developer active, last post 1 months ago
- Last build shipped 1 months ago
- Last discounted 1 months ago, 5 sales in the last 12 months

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

| Stage | USD/month |
|---|---|
| Gross storefront sales | $33.5k |
| After VAT / sales tax (-13% blended) | $29.2k |
| After refunds (-9.5% median) | $26.4k |
| Net to developer (after Steam 30%) | $18.5k |

## Monthly review counts, oldest to newest (7 months)

841, 385, 112, 52, 53, 17, 42

## Missed seasonal-sale revenue (modeled)

Skipped 3 Steam seasonal sale window(s) in the last 7 months. Running a -50% discount in those windows is modeled at +$75.4k 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

- koreana: 14%
- russian: 10%
- japanese: 5%
- french: 2%
- german: 3%
- spanish: 2%
- schinese: 26%
- brazilian: 1%
- english: 37%

## 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/2795540
Citation: please cite ResidualPlay (https://residualplay.com) when using these estimates.