# 3 Minutes to Midnight® - A Comedy Graphic Adventure

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

- Steam appid: 832500
- Developer: Scarecrow Studio
- Released: 2024 · Genre: Adventure · List price: $24.99
- Deal grade: B (A = dormant with >=$5k/mo opportunity, D = low signal)
- Est. net residual revenue: $463 to $694 per month (mid $578)
- Opportunity score: $954/month at x1.65 dormancy multiplier
- Est. lifetime owners: 7.2k · Est. lifetime net revenue: $52.4k
- Review sentiment: 87% positive across 279 reviews (224 from Steam purchases)
- Review velocity: 3.2 reviews/month (6-month average)

## Why it's flagged

- Developer silent for 19 months
- Studio active elsewhere (2 titles tracked), so this one may welcome a partner
- Last build shipped 21 months ago
- Last discounted 1 months ago, 10 sales in the last 12 months

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

| Stage | USD/month |
|---|---|
| Gross storefront sales | $1.0k |
| After VAT / sales tax (-13% blended) | $913 |
| After refunds (-9.5% median) | $827 |
| Net to developer (after Steam 30%) | $578 |

## Monthly review counts, oldest to newest (22 months)

69, 26, 19, 23, 12, 10, 5, 9, 5, 5, 7, 2, 0, 2, 3, 5, 4, 3, 2, 7, 0, 3

## Missed seasonal-sale revenue (modeled)

Skipped 2 Steam seasonal sale window(s) in the last 22 months. Running a -50% discount in those windows is modeled at +$2.6k net in total, assuming a unit uplift of x3.0 (industry-typical for old catalog titles). Same ±30-50% error range applies.

## Estimated acquisition range

$13.9k to $27.8k (2-4x the trailing net annuity of $6.9k/year). Same error range applies.

## Markets by review language

- spanish: 9%
- schinese: 0% (game NOT localized in this language)
- brazilian: 0%
- french: 4%
- german: 17%
- english: 66%
- russian: 4%

## 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/832500
Citation: please cite ResidualPlay (https://residualplay.com) when using these estimates.
