Top 5 Business Finance & Business Solutions Apps in Australia in Q2 2023

In Q2 2023, the top 5 Business Finance & Business Solutions apps in Australia demonstrated varied performance trends across revenue, downloads, and active users. Here's a closer look at how each app fared during this period, based on Sensor Tower data.

Invoice2go: Easy Invoice Maker experienced a solid increase in weekly revenue, peaking at approximately $68K in the final week of June. Weekly downloads showed moderate fluctuations, reaching a high of 1.7K in early May. Active users remained relatively stable, hovering around 13K to 14K throughout the quarter.

QuickBooks Accounting saw its weekly revenue peak at around $19K in early May, with a slight decline towards the end of the quarter. Downloads fluctuated, with a notable spike to 2.4K in the last week of June. Active users generally decreased, dropping from approximately 10K in late March to 8.2K in early June, before rebounding to 10.1K by the end of the quarter.

Xero Accounting for business showed a consistent revenue trend, peaking at about $17K in late June. Weekly downloads were stable, with a significant increase to 5.4K in the final week. Active users maintained a steady range, ending the quarter at approximately 16.5K.

QuickBooks Self-Employed maintained a consistent weekly revenue, with a peak of approximately $8.5K in late June. Downloads were relatively stable but saw a noticeable increase to 303 in the last week of June. Active users fluctuated slightly, ending the quarter at around 3.4K.

Finally, Invoice Maker, Estimate Billdu experienced a steady revenue increase, peaking at approximately $8.5K in the last week of June. Downloads and active users showed gradual growth, with downloads reaching a high of 263 and active users peaking at 266 by the end of June.

For more detailed insights and further data, visit Sensor Tower.