Top 5 Finance Apps on iOS in Australia: Q1 2022 Performance

In the first quarter of 2022, the top 5 finance apps on iOS in Australia displayed a range of performance trends in terms of weekly downloads, revenue, and active users. Here’s a closer look at how each app fared:

Xero Accounting for business by Xero Ltd saw a steady increase in weekly revenue, peaking at about $17.8K in the week of March 21. The app’s weekly downloads also showed growth, reaching around 2.7K by the end of February. Active users increased from 6.9K at the start of the quarter to over 8.2K by the end of March.

QuickBooks Self-Employed from Intuit Inc. experienced fluctuations in revenue, with a high of $10.7K in the last week of December and a low of $4.7K in mid-March. Downloads were relatively stable, averaging around 400 weekly, while active users hovered around the 3.8K mark throughout the quarter.

Finimize Finance News Insights by Finimize Ltd. had a varied performance with weekly revenue peaking at $2.7K in the first week of January and dropping to $333 by the end of March. Downloads were highest in early January at 1.3K but saw a significant decline to around 300 by the end of the quarter. Active users followed a similar trend, starting at 654 in the first week of January and ending at 308 in March.

Buddy: Budget Planner App from Buddy Budgeting AB showed consistent weekly downloads, peaking at 1.3K at the end of March. Revenue fluctuated throughout the quarter, starting at $1.5K and reaching a high of $2.4K in mid-January. Active users increased from 1.5K at the start of the quarter to over 1.8K by the end of March.

YNAB by You Need A Budget LLC had a stable performance with weekly revenue peaking at $2.1K in late December. Downloads remained steady around 300 weekly, while active users ranged between 1.3K and 1.5K throughout Q1 2022.

These insights are based on data from Sensor Tower. For more detailed analytics and trends, visit Sensor Tower.