AI Insights · Timothy · April 2021
Top 5 Business Finance & Solutions Apps in the US for Q1 2021 on iOS
A look at the Q1 2021 performance of the leading Business Finance & Solutions apps on iOS in the United States, showcasing download and active user trends.
In the first quarter of 2021, the Business Finance & Solutions category on iOS witnessed varying performances among the top applications in the United States. Data from Sensor Tower provides insights into how these apps fared in terms of downloads, revenue, and weekly active users.
Intuit Inc.'s QuickBooks Self-Employed started the quarter with a weekly revenue of approximately $309K and ended with around $308K, maintaining relative stability. Downloads saw an initial increase from 7.5K to 10.4K in late January but gradually decreased to 8.5K by the end of March. Weekly active users showed a slight downward trend, starting at 111K and dropping to 94K.
Another Intuit offering, QuickBooks Accounting, also displayed a steady revenue trend, beginning the quarter at $177K and peaking at $249K in late February before settling at $207K. Downloads spiked to 30.5K in early March, a significant increase from 17K at the quarter's start. The app's active users grew from 121K to a peak of 166K in the final week of March.
MileIQ: Mileage Tracker & Log, by MileIQ Inc., showed a more fluctuating revenue pattern, starting at $139K and peaking at $209K in mid-January, then dropping to $151K by the end of March. Downloads decreased from 4.6K to 4.6K over the quarter, with weekly active users declining from 130K to 109K.
For Invoice2go: Easy Invoice Maker from Invoice2go.com, revenue began the quarter at $68K and saw a high of $90K in late February, concluding at $75K. The app experienced its highest downloads in early February with 8.3K, but this number declined to 4.3K by March end. Active users saw an overall increase, starting at 5.1K and reaching 6.7K.
Lastly, Everlance: Car Mileage Tracker by Everlance Inc. had a dynamic quarter. Revenue opened at $30K, surged to $78K in mid-February, and then dipped to $60K. Downloads showed a significant jump from 8.8K to 16K in late January, followed by a reduction to 13.7K. Weekly active users rose from 100K to 116K by the quarter's close.
These performance metrics reflect the dynamic nature of the Business Finance & Solutions category on the iOS platform in the US. For more detailed insights and data, Sensor Tower's platform offers a comprehensive analysis of app trends and performances.