AI Insights · Timothy · July 2022
Top 5 Business Finance & Business Solutions Apps in New Zealand Q2 2022
Explore the performance of the top 5 business finance and business solutions applications in New Zealand during Q2 2022, with insights on downloads, revenue, and active users.
In Q2 2022, the top 5 business finance and business solutions applications in New Zealand exhibited varying trends in downloads, revenue, and active users. Below is a detailed analysis of their performance:
Invoice2go: Easy Invoice Maker saw a fluctuating weekly revenue, peaking at approximately $3.8K in early May and ending the quarter with around $3.3K. Weekly downloads reached their highest at 581 in the first week of April, gradually stabilizing between 317 and 446 for the rest of the quarter. Active users increased from 4K in late March to over 5K in early May, before stabilizing around 4K by the end of June.
Xero Accounting for business experienced moderate fluctuations in weekly revenue, starting at $910 and peaking at $1.9K in mid-June. The app's weekly downloads remained relatively stable, ranging from 785 to 988, with a slight increase towards the end of the quarter. Active users consistently hovered around 3K throughout the quarter, with a slight uptick in the final week of June.
Invoice Maker & Billing App showed a stable revenue trend, with a notable peak of $504 in mid-May. Weekly downloads saw a gradual increase, peaking at 143 in late May. Active users followed a similar pattern, climbing from 46 in late March to over 100 by the end of June.
Invoice Maker, Estimate Billdu experienced a significant revenue spike to $601 in early May, with another peak of $459 later in the month. Download numbers remained low throughout the quarter, with a maximum of 27 downloads in early May. Active users data was limited, with only 10 users recorded in early May.
Dext: Expense Tracker App had a notable revenue peak of $859 in mid-April, followed by another high of $525 at the end of June. Weekly downloads were relatively stable, with minor fluctuations between 40 and 77. Active users remained steady around 650 to 720 throughout the quarter.
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