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Advant-e

OTCPK:ADVC
Snowflake Description

Unattractive dividend payer with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ADVC
OTCPK
$30M
Market Cap
  1. Home
  2. US
  3. Software
Company description

Advant-e Corporation, through its subsidiaries, develops, markets, resells, and hosts software; and provides services that allow its customers to send and receive business documents electronically in standard and proprietary formats. The last earnings update was 2183 days ago. More info.


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ADVC Share Price and Events
7 Day Returns
0%
OTCPK:ADVC
2.4%
US Software
1.2%
US Market
1 Year Returns
1.8%
OTCPK:ADVC
25.6%
US Software
3%
US Market
ADVC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Advant-e (ADVC) 0% 6.4% - 1.8% -3.8% 42.9%
US Software 2.4% 5.5% 19.8% 25.6% 110.4% 139.4%
US Market 1.2% 2.1% 14.6% 3% 39% 43.5%
1 Year Return vs Industry and Market
  • ADVC underperformed the Software industry which returned 25.6% over the past year.
  • ADVC underperformed the Market in United States of America which returned 3% over the past year.
Price Volatility
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Advant-e undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Advant-e to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Advant-e.

OTCPK:ADVC Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2012-12-31) in USD $ .200000
Payout Ratio Company Filings (2012-12-31) 0%
Discount Rate (Cost of Equity) See below 10%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:ADVC
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Software Unlevered Beta Simply Wall St/ S&P Global 1.14
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.141 (1 + (1- 21%) (0%))
1.216
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.22
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.216 * 5.96%)
9.98%

Discounted Cash Flow Calculation for OTCPK:ADVC using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Advant-e is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

OTCPK:ADVC Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= $0.2 / (9.98% - 2.73%)
$2.76
OTCPK:ADVC Discount to Share Price
Calculation Result
Value per share (USD) From above. $2.76
Current discount Discount to share price of $5.00
= -1 x ($5.00 - $2.76) / $2.76
-81.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Advant-e is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Advant-e's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Advant-e's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:ADVC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2012-12-31) in USD Not available
OTCPK:ADVC Share Price ** OTCPK (2019-03-12) in USD $5
United States of America Software Industry PE Ratio Median Figure of 84 Publicly-Listed Software Companies 53.03x
United States of America Market PE Ratio Median Figure of 3,058 Publicly-Listed Companies 17.69x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Advant-e.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to compare the PE ratio to the industry average as no data exists.
  • Unable to calculate PE ratio for Advant-e, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Advant-e's expected growth come at a high price?
Raw Data
OTCPK:ADVC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 0x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Software Industry PEG Ratio Median Figure of 66 Publicly-Listed Software Companies 3.6x
United States of America Market PEG Ratio Median Figure of 2,103 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Advant-e, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Advant-e's assets?
Raw Data
OTCPK:ADVC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2012-12-31) in USD Not available
OTCPK:ADVC Share Price * OTCPK (2019-03-12) in USD $5
United States of America Software Industry PB Ratio Median Figure of 220 Publicly-Listed Software Companies 5.84x
United States of America Market PB Ratio Median Figure of 5,156 Publicly-Listed Companies 1.89x

* Primary Listing of Advant-e.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to compare the PB ratio to the industry average as no data exists.
X
Value checks
We assess Advant-e's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Software industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Software industry average (and greater than 0)? (1 check)
  5. Advant-e has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Advant-e expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Advant-e has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
16.1%
Expected Software industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Advant-e expected to grow at an attractive rate?
  • Unable to compare Advant-e's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Advant-e's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Advant-e's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:ADVC Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Software Industry Earnings Growth Rate Market Cap Weighted Average 16.1%
United States of America Software Industry Revenue Growth Rate Market Cap Weighted Average 10.9%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:ADVC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 years ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:ADVC Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2012-12-31 10 2 2
2012-09-30 10 2 2
2012-06-30 10 2 2
2012-03-31 10 2 2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Advant-e is high growth as no earnings estimate data is available.
  • Unable to determine if Advant-e is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:ADVC Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 years ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Advant-e Company Filings, last reported 6 years ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:ADVC Past Financials Data
Date (Data in USD Millions) EPS *
2012-12-31 0.30
2012-09-30 0.29
2012-06-30 0.27
2012-03-31 0.26

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Advant-e will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of ADVC’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Advant-e's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Software companies here
  3. While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Advant-e's filings and announcements here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Advant-e's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Advant-e has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Advant-e performed over the past 5 years?

In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Advant-e has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data. You can see them here.

Show me the analysis anyway

  • Advant-e's last earnings update was 2183 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Advant-e's growth in the last year to its industry (Software).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Insufficient past earnings data to establish if Advant-e's year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Advant-e's 1-year growth to the 5-year average as past earnings data has not been reported.
  • Unable to compare Advant-e's 1-year growth to the US Software industry average as past earnings data has not been reported.
Earnings and Revenue History
Advant-e's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Advant-e Company Filings, last reported 6 years ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:ADVC Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2012-12-31 10.11 2.00 3.11
2012-09-30 10.07 1.93 3.21
2012-06-30 9.94 1.83 3.28
2012-03-31 9.75 1.71 3.26

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Unable to establish if Advant-e has efficiently used shareholders’ funds last year as no Return on Equity data is available.
  • Unable to establish if Advant-e has efficiently used its assets last year compared to the US Software industry average (Return on Assets) as past financial data has not been reported.
  • Unable to establish if Advant-e improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.

Next steps:

  1. When a company lacks a financial track record, its management’s track record becomes important. Corporate governance also plays an important role in a young business as board members are seen as highly-experienced leaders to help steer the company into the future. Take a look at Advant-e's management and board experience and expertise to assess their ability to deliver on their strategic promises.
  2. While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Advant-e's filings and announcements here.
  3. Past financial records are usually unavailable for companies that have just been established or recently publicly listed, which makes them inherently riskier. Take a look at a list of well-established companies here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Past performance checks
We assess Advant-e's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Software industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Advant-e has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Advant-e's financial health and their level of debt?

In this section we usually analyse Advant-e's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Advant-e has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information. You can see them here.

Show me the analysis anyway

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Advant-e's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Unable to compare short term assets to short term liabilities as Advant-e has not reported sufficient balance sheet data.
  • Unable to establish if Advant-e's long term commitments exceed its cash and other short term assets as Advant-e has not reported sufficient balance sheet data.
Balance sheet
This treemap shows a more detailed breakdown of Advant-e's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Unable to establish if Advant-e has a high level of physical assets or inventory without balance sheet data.
  • Unable to verify if debt is covered by short term assets as Advant-e has not reported sufficient balance sheet data.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Advant-e Company Filings, last reported 6 years ago.

OTCPK:ADVC Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2012-12-31 4.64 0.00 2.71
2012-09-30 7.00 0.00 5.11
2012-06-30 6.45 0.00 4.58
2012-03-31 5.94 0.00 4.23
  • Unable to establish if Advant-e's level of debt is high without past debt data.
  • Unable to establish if Advant-e's debt level has increased without past 5-year debt data.
  • Unable to verify if debt is well covered by operating cash flow as Advant-e has not reported sufficient balance sheet data.
  • Unable to confirm if the interest payments on Advant-e's debt are well covered by earnings due to lack of past financial data.

Next steps:

  1. Take a look at our analysis of ADVC’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Investors tend to look at the financial health of a company this size in order to assess the sustainability of its current operations. While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website.
  3. Financial health is measured at one point in time, so the latest financial report is the best representation of the company’s current financial status. Check when Advant-e's financial data was last updated here.
  4. Companies with strong financial health are considered a less risky investment. Discover these stocks here.
  5. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Financial health checks
We assess Advant-e's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Advant-e has a total score of 0/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Advant-e's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
4%
Current annual income from Advant-e dividends.
If you bought $2,000 of Advant-e shares you are expected to receive $80 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Advant-e's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.45%).
  • Advant-e's dividend is above the markets top 25% of dividend payers in United States of America (3.64%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:ADVC Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Software Industry Average Dividend Yield Market Cap Weighted Average of 24 Stocks 1.5%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2004 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:ADVC Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2012-12-12 0.200 6.815
2010-11-17 0.300 12.737
2010-06-09 0.300 15.661
2010-03-30 0.300 14.593
2010-03-11 0.300 15.552
2009-11-12 0.030 1.412

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Advant-e has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Advant-e only paid a dividend in the past 9 years.
Current Payout to shareholders
What portion of Advant-e's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Advant-e has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Advant-e's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Advant-e afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Advant-e has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Advant-e's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Jason Wadzinski
COMPENSATION $202,620
AGE 53
TENURE AS CEO 18.9 years
CEO Bio

Mr. Jason K. Wadzinski has been Chairman of the Board, President and Chief Executive Officer of Advant-E Corp. since April 10, 2000. Mr. Wadzinski co-founded Edict Systems, Inc. in 1990 and serves as its Chairman, Chief Executive Officer and President. He has over 20 years of experience in Information Technology. He leads Advant E Corp.'s strategic initiatives and product offerings. Since founding Advant-E Corp. has led Advant E Corp. from offering an EDI translation software product to the successful launch of its Internet-based offerings in 1999. Prior to founding Advant-E Corp., he was an EDI professional with a manufacturer of recreational products sold through the retail industry. He served as Chief Executive Officer of Merkur Group, Inc. since July 2, 2007. Mr. Wadzinski is an Air Force Veteran. He serves as Director of Edict Systems, Inc.

CEO Compensation
  • Insufficient data for Jason to compare compensation growth.
  • Insufficient data for Jason to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team

Jason Wadzinski

TITLE
Chairman
COMPENSATION
$203K
AGE
53
TENURE
18.9 yrs

James Lesch

TITLE
CFO, Principal Accounting Officer & Director
COMPENSATION
$203K
AGE
72
TENURE
14.2 yrs

Jason Boone

TITLE
Controller
Board of Directors

Jason Wadzinski

TITLE
Chairman
COMPENSATION
$203K
AGE
53
TENURE
18.9 yrs

James Lesch

TITLE
CFO, Principal Accounting Officer & Director
COMPENSATION
$203K
AGE
72
TENURE
13.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Advant-e's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Advant-e has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Advant-e Corporation, through its subsidiaries, develops, markets, resells, and hosts software; and provides services that allow its customers to send and receive business documents electronically in standard and proprietary formats. The company offers hosted electronic data interchange (EDI) solutions that utilize the Internet as the communications method to connect with business partners, integrate data with internal systems, expand and manage electronic trading communities, and validate data through a hosted business rule service. The company also develops and resells software; and provides professional, and technical maintenance and support services that enables customers to automate delivery and receipt of business documents. Advant-e Corporation was founded in 1994 and is based in Beavercreek, Ohio.

Details
Name: Advant-e Corp.
ADVC
Exchange: OTCPK
Founded: 1994
$29,836,825
5,967,365
Website: http://www.advant-e.com
Address: Advant-e Corp.
2434 Esquire Drive,
Beavercreek,
Ohio, 45431,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OTCPK ADVC Common Stock Pink Sheets LLC US USD 22. Feb 1995
Number of employees
Current staff
Staff numbers
0
Advant-e employees.
Industry
Application Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/20 23:31
End of day share price update: 2019/03/12 00:00
Last earnings filing: 2013/03/28
Last earnings reported: 2012/12/31
Last annual earnings reported: 2012/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.