Beavercreek firm reports higher net income

Beavercreek-based Advant-e Corp. reported net income of just over $1.71 million for 2011, up from 2010’s net income of nearly $1.59 million.

That amounted to .026 cents per basic and diluted share for 2011 and .024 cents per share in 2010.

The software developer and reseller also reported revenue of nearly $9.6 million for 2011, above the $9.3 million reported for 2010.

“We had a successful 2011 as we reported record revenue and record net income,” Jason Wadzinski, Advant-e chairman and chief executive, said in a statement. released Thursday. He added that the company moved to a new facility “which provides space and infrastructure improvements. The company is based at 2434 Esquire Road.

Advant-e owns Edict Systems Inc. and Merkur Group Inc. The company is a provider of Internet-based electronic data interchange and electronic document management software and services, helping businesses automate manual and paper-intensive processes.