AI Insights · Timothy · January 2021
Australia's Top Business Finance Apps on Android in Q4 2020
An overview of the top Business Finance & Solutions apps' performance in Australia for Q4 2020 on the Android platform, provided by Sensor Tower.
As the year 2020 came to a close, several Business Finance & Solutions applications on the Android platform in Australia showcased varying trends in terms of downloads, revenue, and active users. Sensor Tower provides a deeper look into the performance of these top applications during the fourth quarter of 2020.
Invoice2go: Easy Invoice Maker, an app by Invoice2go from BILL, saw its weekly revenue fluctuating, ending the quarter with approximately $7K in the last week of December, down from around $9K at the beginning of the quarter. Downloads peaked in late October at over 600, with a notable uptick to around 500 in the final week of December. Weekly active users showed an upward trend, reaching over 4K users by the end of December.
Intuit Inc's QBSE experienced a revenue range between approximately $4K to $4.5K, with the highest revenue reported in mid-December. Downloads hit a high of over 800 in mid-October but saw a gradual decline to just over 250 by the year's end. The app's weekly active users started strong at over 5K but dipped to around 4.4K in the last week of December.
Another Intuit Inc offering, QuickBooks Online Accounting, had a revenue that generally hovered around $2K to $3K, with a spike to nearly $3K in mid-December. Downloads saw a significant surge to over 2.5K in mid-October but then settled to just under 1.1K by the end of December. Its weekly active users peaked at over 5K in late October, dropping to nearly 3.9K by the close of the quarter.
Invoice Maker by Billdu from Billdu LTD recorded revenues that ranged from a few hundred dollars to over $700 in early December. Download figures remained relatively low throughout the quarter, with the highest being 54 in late November. There was no data available on weekly active users for this application.
Lastly, Invoice Maker & Billing App by Invoice Home Inc. reported revenues that varied from just over $300 to around $500. The app's downloads experienced a peak of 134 in late November, with weekly active users remaining under 200 throughout the quarter, ending at 169 in the final week of December.
These insights from Sensor Tower provide a snapshot of the Business Finance & Solutions landscape on Android in Australia for Q4 2020, with each app showing unique trends in user engagement and financial performance.