<ARTICLE>                     5
<LEGEND>
                                ILX Incorporated
                            Financial Data Schedule
                               December 31, 1994
                          Article 5 of Regulation S-X

THE  SCHEDULE   CONTAINS  SUMMARY  FINANCIAL   INFORMATED   EXTRACTED  FROM  THE
REGISTRANT'S 1994 CONSOLIDATED BALANCE SHEET AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.

</LEGEND>
                       
                       
<MULTIPLIER>                                            1
<CURRENCY>                                     US DOLLARS
       
                             
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                              DEC-31-1994
<PERIOD-START>                                 JAN-01-1994
<PERIOD-END>                                   DEC-31-1994
<EXCHANGE-RATE>                                          1
<CASH>                                             3635587
<SECURITIES>                                             0
<RECEIVABLES>                                      8014184
<ALLOWANCES>                                       1263288
<INVENTORY>                                       12816493
<CURRENT-ASSETS>                                  23202976
<PP&E>                                             1806795
<DEPRECIATION>                                      369568
<TOTAL-ASSETS>                                    28403404
<CURRENT-LIABILITIES>                              3070475
<BONDS>                                            6882445
<COMMON>                                           8972969
<PREFERRED-MANDATORY>                                    0
<PREFERRED>                                        1648755
<OTHER-SE>                                           30000
<TOTAL-LIABILITY-AND-EQUITY>                      28403804
<SALES>                                           21186111
<TOTAL-REVENUES>                                  29950669
<CGS>                                              8548315
<TOTAL-COSTS>                                     22297933
<OTHER-EXPENSES>                                   3198604
<LOSS-PROVISION>                                    764065
<INTEREST-EXPENSE>                                  661141
<INCOME-PRETAX>                                    3426522
<INCOME-TAX>                                       (161799)
<INCOME-CONTINUING>                                2148287
<DISCONTINUED>                                           0
<EXTRAORDINARY>                                          0
<CHANGES>                                                0
<NET-INCOME>                                       2148287
<EPS-PRIMARY>                                          .17
<EPS-DILUTED>                                          .17