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AI Insights · Timothy · October 2024

Top 5 Business Finance Apps in Australia on iOS: Q3 2024

Explore the performance trends of the top business finance apps in Australia during Q3 2024, with insights on downloads, revenue, and active users.

Top 5 Business Finance Apps in Australia on iOS: Q3 2024

In the third quarter of 2024, the top five Business Finance & Business Solutions applications on the iOS platform in Australia displayed varying trends in downloads, revenue, and active user engagement. Let's delve into the performance of these applications as reported by Sensor Tower.

Invoice2go: Easy Invoice Maker showed consistent weekly revenue throughout the quarter, peaking at around $57K in the last week of September. Downloads fluctuated slightly, with a noticeable peak of 504 in late August. The app maintained a weekly active user base of approximately 5.3K at the start of July, with a slight decline to 4.8K by the end of September.

Xero Accounting for business experienced a varied revenue pattern, starting with $15.8K in early July and closing the quarter with $15.1K. Its weekly downloads began at 3.5K, tapering off to nearly 2.7K by the end of September. Active users remained relatively stable, fluctuating around 10K throughout the quarter.

QuickBooks Accounting saw its revenue start at $13.2K in early July, with a notable increase to $14.9K by the end of September. Downloads decreased significantly, from 1.6K in the first week to around 429 by the end of the quarter. Active users showed a downward trend, beginning at 3.8K and ending at 2.9K.

Invoice Maker, Estimate Billdu recorded a peak in revenue during late September at approximately $14.5K. The app's downloads started at 169, declining steadily to 103 by the end of September. Active users decreased from 318 to 256 over the quarter.

Dext: Expense Tracker App presented an uneven revenue trend, with a high of $5.1K in early July and settling at $2.5K by the end of September. Downloads were relatively stable, hovering around 500 weekly throughout the quarter. The app's active user base remained consistent, averaging around 4.9K.

These insights into the performance of Australia's top business finance apps on iOS during Q3 2024 highlight the dynamic nature of app usage and revenue generation. For further detailed insights and trends, Sensor Tower remains a valuable resource.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: October 2024