<ARTICLE> 5 <LEGEND> THE RESTATED FINANCIAL DATA SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE AUDITED CONSOLIDATED FINANCIAL STATEMENTS FOR BILLING CONCEPTS CORP. AND SUBSIDIARIES AS OF AND FOR THE YEAR ENDED SEPTEMBER 30, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <RESTATED> <MULTIPLIER> 1,000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> SEP-30-1998 <PERIOD-END> SEP-30-1998 <CASH> 120,972 <SECURITIES> 4 <RECEIVABLES> 36,588 <ALLOWANCES> 374 <INVENTORY> 0 <CURRENT-ASSETS> 225,518 <PP&E> 36,085 <DEPRECIATION> 12,198 <TOTAL-ASSETS> 266,464 <CURRENT-LIABILITIES> 165,220 <BONDS> 2,468 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 349 <OTHER-SE> 93,844 <TOTAL-LIABILITY-AND-EQUITY> 266,464 <SALES> 8,277 <TOTAL-REVENUES> 176,023 <CGS> 6,287 <TOTAL-COSTS> 108,581 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 165 <INTEREST-EXPENSE> 269 <INCOME-PRETAX> 44,698 <INCOME-TAX> 17,995 <INCOME-CONTINUING> 26,703 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 26,703 <EPS-PRIMARY> 0.74 <EPS-DILUTED> 0.71