Alice: Madness Returns
Profile updated
Action indie game Alice: Madness Returns launched in 2011 from developer Spicy Horse Games and publisher Electronic Arts. It has 29,453 Steam reviews with 91% positive sentiment, and its initial $9.99 price gives it a clear budget signal.
Overview
Alice: Madness Returns is a 2011 Action game developed by Spicy Horse Games and published by Electronic Arts. On Steam it has gathered 29,468 player reviews, 91% of them positive, which counts as a very positive reception among indie titles in the Action category. The game is available on windows, and launched at $10. The pairing of developer Spicy Horse Games with publisher Electronic Arts is one of the studio-publisher relationships indielist tracks, letting players find comparable games and letting developers and investors study how Action projects reach the market. indielist's white-box method estimates its lifetime sales at roughly 1.5 million to 3.5 million units, with the full Boxleiter factor breakdown shown on this page rather than a single black-box figure. Within indielist's catalog of indie games mapped to their studios, publishers, and funding, Alice: Madness Returns can be compared against similar Action titles and benchmarked on review counts and estimated sales.
Reviews
29,468
Positive
91%
Steam appid
19680
Engine
Unknown
Sales estimate
vv1.01.5M to 3.5M
units (median: 2.5M)
≈ $8.6M to $20.0M net revenue (Steam cut + refunds + regional discount applied)
+ - How is this calculated?
| Factor | Adjustment |
|---|---|
| base | +50 |
| year_2011 | +30 |
| price_$10 | -5 |
| positive_91% | +10 |
| final NB | 85 |
Confidence range: median × [0.6, 1.4]. Boundary protection: NB ∈ [15, 150].
Methodology & limitations
Sales estimates use a multi-factor Boxleiter method against public Steam review counts.
They are not authoritative sales data. Actual sales can deviate by
±50% in either direction. Free-to-play games, deeply discounted titles, and games
with heavy bundle distribution have larger error margins. Algorithm version
v1.0.
indielist estimates lifetime unit sales for Alice: Madness Returns at roughly 1.5 million to 3.5 million copies, with a median around 2.5 million, derived from its 29,468 Steam reviews using a multi-factor Boxleiter method (version v1.0). That median maps to approximately $14.3M in net revenue after Steam's 30% cut, regional pricing, and refunds. Unlike black-box trackers, the full calculation is shown on this page: a base review-to-sales multiplier is adjusted for release year, launch price, review sentiment, studio size, and genre, and every adjustment is listed so developers, publishers, and investors can audit exactly how the figure was reached. The range itself reflects genuine uncertainty — review-to-sales ratios vary widely between games — so indielist publishes a low, median, and high band rather than a false-precision single number, and treats free-to-play, heavily discounted, and bundle-distributed titles as having wider error margins still.
Price history
90d · low $5.39Over the last 90 days the price ranged from $5.39 to $9.99, averaging $9.33 across 3 discount windows, with a historical low of $5.39 on 2026-05-17.
Synthetic series for demo. Real ITAD price history loads after Day 3 ingest.
Where to buy
Affiliate disclosure- Steam reference$9.99 Buy
- Green Man Gaming
- Fanatical
- Humble Store
- GOG.com
Live prices from public feeds, cheapest first. Some are affiliate links — we may earn a commission at no extra cost to you. Learn more.
Platforms
windows
Frequently asked questions
- How many copies has Alice: Madness Returns sold?
- indielist estimates Alice: Madness Returns has sold between 1,502,868 and 3,506,692 units (median 2,504,780), derived from its 29,468 Steam reviews with the white-box Boxleiter vv1.0 method. The full breakdown is shown on the page.
- Who developed Alice: Madness Returns?
- Alice: Madness Returns was developed by Spicy Horse Games and published by Electronic Arts.
- When was Alice: Madness Returns released?
- Alice: Madness Returns was released in 2011.
- How many reviews does Alice: Madness Returns have on Steam?
- Alice: Madness Returns has 29,468 Steam reviews, of which 91% are positive.
Ecosystem
indielist positions Alice: Madness Returns within the Action segment so players can surface comparable titles by shared tags and genre rather than by storefront promotion. On the developer side, Spicy Horse Games's other releases and Electronic Arts's wider catalog are one click away, letting developers benchmark where Alice: Madness Returns sits among a studio's body of work and how its publisher's portfolio performs. Because indielist maps studios, publishers, games, and funding into one connected graph, the same Alice: Madness Returns page serves three audiences at once: players hunting their next Action game, developers studying how comparable projects were positioned and what they sold, and investors tracing which teams and labels are active in the space. A machine-readable markdown mirror of this page is published at the same path with a .md suffix for AI assistants, and its review, price, and sales-estimate figures are refreshed on a schedule rather than frozen at launch.