AI Insights · Timothy · July 2022
Top 5 Business Finance & Business Solutions Apps in Australia, Q2 2022
In Q2 2022, the top Business Finance & Business Solutions apps in Australia displayed varied performance trends in downloads, revenue, and active users, with notable growth for some.
Throughout Q2 2022, the leading Business Finance & Business Solutions applications in Australia exhibited diverse performance trends across downloads, revenue, and active users. Here’s a closer look at how the top five apps fared:
Invoice2go: Easy Invoice Maker saw consistent weekly revenue, peaking at approximately $65.2K in mid-April. Its weekly downloads fluctuated between 1.3K and 1.7K, while weekly active users remained stable, ranging from 12.9K to 14.2K by the end of June.
Xero Accounting for business experienced a notable peak in weekly downloads, reaching 6.4K in late June. The app's weekly revenue varied, with a high of about $20.4K in mid-April. Active users showed a steady increase, culminating in nearly 15.9K by the end of the quarter.
QuickBooks Accounting maintained a stable weekly revenue, averaging around $15K. Downloads rose from 849 in early April to 1.7K by the end of June. Weekly active users hovered around 10K, peaking at 10.8K in the final week of June.
QuickBooks Self-Employed had a varied revenue trend, with a peak of approximately $13.8K in late April. Downloads saw a significant increase from 280 in early May to 679 by the end of June. Active users were relatively stable, ranging from 5.3K to 6.4K throughout the quarter.
Invoice Maker, Estimate Billdu showed a steady weekly revenue, peaking at around $7.2K in early June. Downloads fluctuated between 39 and 171, while active users experienced a slight decline from 213 at the start of the quarter to 155 by the end of June.
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