<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the Statement of Financial Condition at January 31, 1997 (Unaudited) and the Statement of Income for the three months ended January 31, 1997 (Unaudited) and is qualified in its entirety by reference to such financial statements. Company is Market America, Inc. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> APR-30-1996 <PERIOD-END> JAN-31-1997 <CASH> 13,704,811 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 1,156,511 <CURRENT-ASSETS> 15,225,619 <PP&E> 863,444 <DEPRECIATION> 260,252 <TOTAL-ASSETS> 15,829,492 <CURRENT-LIABILITIES> 2,928,301 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 199 <OTHER-SE> 11,905,007 <TOTAL-LIABILITY-AND-EQUITY> 15,829,492 <SALES> 15,960,661 <TOTAL-REVENUES> 15,960,661 <CGS> 3,345,007 <TOTAL-COSTS> 3,345,007 <OTHER-EXPENSES> 9,780,680 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 3,050,288 <INCOME-TAX> 1,907,124 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,907,124 <EPS-PRIMARY> .09 <EPS-DILUTED> .09