# Demonherd

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

- Steam appid: 2972220
- Developer: Demonherd Team
- Publisher: Axl Crow
- Released: 2025 · Genre: Adventure · List price: $19.99
- Deal grade: D (A = dormant with >=$5k/mo opportunity, D = low signal)
- Est. net residual revenue: $425 to $637 per month (mid $531)
- Opportunity score: $531/month at x1.00 dormancy multiplier
- Est. lifetime owners: 1.4k · Est. lifetime net revenue: $9.2k
- Review sentiment: 90% positive across 52 reviews (43 from Steam purchases)
- Review velocity: 3.2 reviews/month (6-month average)

## Why it's flagged

- Developer active, last post 6 months ago
- Studio active elsewhere (2 titles tracked), so this one may welcome a partner
- Last build shipped 10 months ago
- Store page localized in only 1 language(s)

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

| Stage | USD/month |
|---|---|
| Gross storefront sales | $963 |
| After VAT / sales tax (-13% blended) | $838 |
| After refunds (-9.5% median) | $758 |
| Net to developer (after Steam 30%) | $531 |

## Monthly review counts, oldest to newest (13 months)

4, 14, 1, 3, 0, 2, 0, 1, 1, 4, 4, 4, 5

## Markets by review language

- german: 2% (game NOT localized in this language)
- english: 83% (game NOT localized in this language)
- russian: 10% (game NOT localized in this language)
- spanish: 2% (game NOT localized in this language)
- japanese: 2% (game NOT localized in this language)

Localization gap: 100% of measured reviews are written in languages the game does not support (top: english). 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/2972220
Citation: please cite ResidualPlay (https://residualplay.com) when using these estimates.