# Lost Lullabies: The Orphanage Chronicles

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

- Steam appid: 2903710
- Developer: Pugsy Studios
- Publisher: GameDev.ist
- Released: 2025 · Genre: Action · List price: $10.99
- Deal grade: D (A = dormant with >=$5k/mo opportunity, D = low signal)
- Est. net residual revenue: $258 to $387 per month (mid $322)
- Opportunity score: $322/month at x1.00 dormancy multiplier
- Est. lifetime owners: 13.7k · Est. lifetime net revenue: $50.6k
- Review sentiment: 71% positive across 521 reviews (429 from Steam purchases)
- Review velocity: 3.5 reviews/month (6-month average)

## Why it's flagged

- Developer active, last post 10 months ago
- Studio active elsewhere (2 titles tracked), so this one may welcome a partner
- Last build shipped 10 months ago

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

| Stage | USD/month |
|---|---|
| Gross storefront sales | $585 |
| After VAT / sales tax (-13% blended) | $509 |
| After refunds (-9.5% median) | $461 |
| Net to developer (after Steam 30%) | $322 |

## Monthly review counts, oldest to newest (17 months)

164, 7, 47, 32, 16, 23, 4, 74, 32, 14, 9, 1, 6, 3, 3, 5, 3

## Markets by review language

- russian: 14%
- spanish: 2%
- japanese: 2%
- schinese: 19% (game NOT localized in this language)
- french: 6%
- german: 5%
- english: 52%
- koreana: 1% (game NOT localized in this language)

Localization gap: 20% of measured reviews are written in languages the game does not support (top: schinese). Localizing is likely immediate market expansion.

## 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/2903710
Citation: please cite ResidualPlay (https://residualplay.com) when using these estimates.