8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 9, 2012

ADVANT-E CORPORATION

(Exact name of registrant as specified in its charter)

Delaware	0-30983	88-0339012
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

2434 Esquire Dr., Beavercreek, OH	45431
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code: 937-429-4288

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

On August 9, 2012 Advant-e Corporation issued a press release announcing results of operations for the quarter ended June 30, 2012. The text of this release is attached as an exhibit hereto.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.

(d) EXHIBITS.

Exhibit Number	Description	Method of Filing
99.1	Company Press Release	Filed herewith

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Advant-e Corporation (Registrant)
August 9, 2012	By:	/s/ Jason K. Wadzinski
		Jason K. Wadzinski
		Chief Executive Officer

EX-99.1

Exhibit 99.1

Thursday, August 9, 2012

Advant-e Corporation Announces Second Quarter

2012 Results

Quarterly Revenue Increased by 8% and Net Income Increased by 29%

Compared to the Second Quarter of 2012

DAYTON, Ohio, August 9, 2012 — Advant-e Corporation (OTCQB: ADVC) today announced financial and operating results for the second quarter of 2012. The Company provides Internet-based Electronic Data Interchange services through Edict Systems and sells electronic document management software and services through Merkur Group.

Revenue in the second quarter of 2012 of $2,546,251 increased by 8% over revenue of $2,359,624 in the second quarter of 2011. Revenue from Edict Systems increased by 9% and revenue from Merkur Group increased by 3% compared to the second quarter in 2011.

Net income in the second quarter of 2012 was $504,505, or $.008 per share, compared to net income of $392,460, or $.006 per share, in the same period in 2011. Net income for Edict Systems increased by 24% and net income for Merkur Group increased by 58%.

Jason K. Wadzinski, Chairman of the Board and Chief Executive Officer, stated, “I am pleased to announce a record quarter for revenue and net income. This quarter marks nine years of consecutive quarterly net income.”

“Edict Systems continued to show steady growth in its targeted markets,” continued Mr. Wadzinski. “Merkur Group reported improved net income due to our efforts at controlling costs as we continued to focus on growing revenue in this segment.”

About Advant-e Corporation

Advant-e, via its wholly owned subsidiaries Edict Systems, Inc. and Merkur Group, Inc. is a provider of internet-based hosted Electronic Data Interchange (EDI) and electronic document management software and services. The Company helps businesses automate manual, paper-intensive processes via expanded use of EDI or by integrating directly with ERP/MRP systems.

Additional information about Advant-e Corporation can be found at www.Advant-e.com, www.EdictSystems.com, and www.MerkurGroup.com, or by contacting investor relations at (937) 429-4288. The company’s email is advant-e@edictsystems.com.

ADVANT-E CORPORATION AND SUBSIDIARIES

CONSOLIDATED CONDENSED STATEMENTS OF INCOME (Unaudited)

	Three Months Ended June 30,				Six Months Ended June 30,
	2012		2011		2012		2011
Revenue	$	2,546,251		2,359,624		5,011,689		4,660,044
Cost of revenue		983,383		976,919		2,007,120		1,894,811
Gross margin		1,562,868		1,382,705		3,004,569		2,765,233
Marketing, general and administrative expenses		798,363		787,593		1,653,335		1,587,050
Operating income		764,505		595,112		1,351,234		1,178,183
Other income, net		630		914		1,440		2,041
Income before income taxes		765,135		596,026		1,352,674		1,180,224
Income tax expense		260,630		203,566		460,962		402,677
Net income	$	504,505		392,460		891,712		777,547
Earnings per share – basic and diluted	$	.008		.006		.013		.012
Weighted average shares outstanding – basic and diluted		66,722,590		66,722,590		66,722,590		66,722,590

ADVANT-E CORPORATION AND SUBSIDIARIES

CONSOLIDATED CONDENSED BALANCE SHEETS

	June 30, 2012 (Unaudited)		December 31, 2011
Assets
Current Assets:
Cash and cash equivalents	$	4,577,425		3,459,402
Accounts receivable, net		759,465		784,239
Prepaid software maintenance costs		207,683		190,429
Prepaid expenses and deposits		87,582		107,871
Prepaid income taxes		—		1,910
Deferred income taxes		228,565		207,336
Total current assets		5,860,720		4,751,187
Software development costs, net		203,857		262,102
Property and equipment, net		168,973		171,199
Goodwill		1,474,615		1,474,615
Other intangible assets, net		117,440		159,796
Total assets	$	7,825,605		6,818,899
Liabilities and Shareholders’ Equity
Current liabilities:
Accounts payable	$	112,956		112,402
Income taxes payable		25,436		—
Accrued salaries and other expenses		225,389		205,334
Deferred revenue		852,932		748,828
Total current liabilities		1,216,713		1,066,564
Deferred income taxes		163,301		198,456
Total liabilities		1,380,014		1,265,020
Shareholders’ equity:
Common stock, $.001 par value; 100,000,000 shares authorized; 66,722,590 shares issued and outstanding		66,723		66,723
Paid-in capital		1,936,257		1,936,257
Retained earnings		4,442,611		3,550,899
Total shareholders’ equity		6,445,591		5,553,879
Total liabilities and shareholders’ equity	$	7,825,605		6,818,899

ADVANT-E CORPORATION AND SUBSIDIARIES

CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (Unaudited)

	Six Months Ended June 30,
	2012			2011
Cash flows from operating activities:
Net income	$	891,712			777,547
Adjustments to reconcile net income to net cash flows from operating activities:
Depreciation		56,515			79,875
Amortization of software development costs		58,245			29,122
Amortization of other intangible assets		42,356			42,357
Deferred income taxes		(56,384	)		(62,265	)
Increase (decrease) in cash and cash equivalents arising from changes in assets and liabilities:
Accounts receivable		24,774			26,564
Prepaid software maintenance costs		(17,254	)		(29,468	)
Prepaid expenses and deposits		20,289			(80,004	)
Prepaid income taxes		1,910			—
Accounts payable		554			39,279
Income taxes payable		25,436			(25,058	)
Accrued salaries and other expenses		20,055			210,372
Deferred revenue		104,104			99,252
Net cash flows from operating activities		1,172,312			1,107,573
Cash flows from investing activities:
Purchases of property and equipment		(54,289	)		(14,587	)
Software development costs		—			(40,636	)
Net cash flows from investing activities		(54,289	)		(55,223	)
Cash flows from financing activities:
Dividends paid		—			(667,226	)
Net increase in cash and cash equivalents		1,118,023			385,124
Cash and cash equivalents, beginning of period		3,459,402			2,963,172
Cash and cash equivalents, end of period	$	4,577,425			3,348,296
Supplemental disclosures of cash flow items:
Income taxes paid	$	490,000			490,000
Non-cash transactions:
Declared dividends payable no later than December 31, 2011		—			667,226

The information in this news release includes certain forward looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements to the future financial performance of the company. Although the company believes that the expectations reflected on its forward looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, product development and acceptance, the impact of competitive services and pricing, or general economic risks and uncertainties.