AI Insights · Timothy · April 2024
Top 5 Finance Apps in New Zealand Q1 2024 Performance
Analyzing the performance of the top 5 finance apps in New Zealand during Q1 2024, including trends in weekly downloads, revenue, and active users.
In Q1 2024, the top finance apps in New Zealand demonstrated varied performance in terms of weekly downloads, revenue, and active users. Here’s a closer look at each app’s performance based on data from Sensor Tower.
Xero Accounting for business showed a consistent increase in weekly revenue, peaking at approximately $1.6K in the final week of February. Weekly downloads fluctuated, reaching a high of around 811 in the same week. The app's active users saw a slight upward trend, ranging from 2.5K to 2.8K throughout the quarter.
Stocks Alerter experienced a significant drop in weekly revenue, starting at $8K and decreasing to nearly zero by mid-February, with a small rebound to $500 by the end of the quarter. Downloads were minimal, peaking at only 206 in the second week of January. Active users also declined, from 187 to just 43 by early March.
TradingView: Track All Markets maintained a relatively stable weekly revenue, beginning at $481 and gradually increasing to $768 by the end of March. Downloads showed a consistent pattern, peaking at 540 in late February. The app had a steady number of active users, ranging from 4.2K to 4.6K throughout the quarter.
GoMining had a volatile revenue trend, starting at $1.1K, dropping to $75 in early February, and then rising again to $1.1K by the end of March. Downloads saw a significant increase, peaking at 1.1K in the last week of March. Active users grew steadily, from 38 to 436 during the quarter.
Splitwise displayed a steady revenue, peaking at $657 in the first week of January and maintaining around $371 by the end of March. Downloads were strong, with a high of 1.5K in mid-February. Active users showed a slight increase, ranging from 5.5K to 7K over the quarter.
These insights are based on data from Sensor Tower. For more detailed analytics and insights, visit Sensor Tower.