# Jotunnslayer: Hordes of Hel

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

- Steam appid: 2820820
- Developer: Games Farm
- Publisher: Grindstone
- Released: 2025 · Genre: Action · List price: $14.99
- Deal grade: C (A = dormant with >=$5k/mo opportunity, D = low signal)
- Est. net residual revenue: $12.2k to $18.3k per month (mid $15.3k)
- Opportunity score: $15.3k/month at x1.00 dormancy multiplier
- Est. lifetime owners: 231.9k · Est. lifetime net revenue: $1.2M
- Review sentiment: 82% positive across 7701 reviews (7246 from Steam purchases)
- Review velocity: 121.7 reviews/month (6-month average)

## Why it's flagged

- Developer active, last post 0 months ago
- Studio active elsewhere (4 titles tracked), so this one may welcome a partner
- Last build shipped 3 months ago
- Last discounted 0 months ago, 11 sales in the last 12 months

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

| Stage | USD/month |
|---|---|
| Gross storefront sales | $27.8k |
| After VAT / sales tax (-13% blended) | $24.1k |
| After refunds (-9.5% median) | $21.9k |
| Net to developer (after Steam 30%) | $15.3k |

## Monthly review counts, oldest to newest (19 months)

2058, 693, 500, 247, 369, 221, 189, 107, 1123, 233, 375, 413, 162, 169, 113, 185, 70, 133, 60

## Missed seasonal-sale revenue (modeled)

Skipped 4 Steam seasonal sale window(s) in the last 19 months. Running a -50% discount in those windows is modeled at +$194.5k 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

- french: 4%
- german: 6%
- english: 45%
- russian: 9%
- spanish: 3%
- japanese: 1%
- brazilian: 4%
- koreana: 5%
- schinese: 23%

## 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/2820820
Citation: please cite ResidualPlay (https://residualplay.com) when using these estimates.