<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, 1997
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-30-1997
<PERIOD-END>                               SEP-30-1997
<CASH>                                          42,826
<SECURITIES>                                         4
<RECEIVABLES>                                   27,532
<ALLOWANCES>                                       138
<INVENTORY>                                          0
<CURRENT-ASSETS>                               144,120
<PP&E>                                          25,778 
<DEPRECIATION>                                   6,240
<TOTAL-ASSETS>                                 171,288
<CURRENT-LIABILITIES>                          115,526
<BONDS>                                          2,805
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                           331
<OTHER-SE>                                      49,462
<TOTAL-LIABILITY-AND-EQUITY>                   171,288
<SALES>                                          3,654
<TOTAL-REVENUES>                               132,237
<CGS>                                            2,750
<TOTAL-COSTS>                                   82,860
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                   125
<INTEREST-EXPENSE>                                 537
<INCOME-PRETAX>                                 14,878
<INCOME-TAX>                                    10,640 
<INCOME-CONTINUING>                              4,238 
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     4,238  
<EPS-PRIMARY>                                     0.13 
<EPS-DILUTED>                                     0.12