# The Walking Trade

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

- Steam appid: 3398110
- Developer: Microwave Games
- Publisher: PlayWay S.A.
- Released: 2026 · Genre: Indie · List price: $11.99
- Deal grade: C (A = dormant with >=$5k/mo opportunity, D = low signal)
- Est. net residual revenue: $41.8k to $62.7k per month (mid $52.2k)
- Opportunity score: $52.2k/month at x1.00 dormancy multiplier
- Est. lifetime owners: 84.4k · Est. lifetime net revenue: $339.4k
- Review sentiment: 87% positive across 2743 reviews (2638 from Steam purchases)
- Review velocity: 519.8 reviews/month (6-month average)

## Why it's flagged

- Developer active, last post 0 months ago
- Last build shipped 0 months ago
- Last discounted 0 months ago, 4 sales in the last 12 months

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

| Stage | USD/month |
|---|---|
| Gross storefront sales | $94.8k |
| After VAT / sales tax (-13% blended) | $82.5k |
| After refunds (-9.5% median) | $74.7k |
| Net to developer (after Steam 30%) | $52.2k |

## Monthly review counts, oldest to newest (5 months)

1418, 428, 369, 247, 137

## Missed seasonal-sale revenue (modeled)

Skipped 1 Steam seasonal sale window(s) in the last 5 months. Running a -50% discount in those windows is modeled at +$71.3k 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

- english: 40%
- russian: 26%
- spanish: 10%
- schinese: 7%
- brazilian: 2%
- french: 5%
- german: 4%
- koreana: 3%
- 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/3398110
Citation: please cite ResidualPlay (https://residualplay.com) when using these estimates.
