<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED BALANCE SHEET AND THE CONSOLIDATED STATEMENT OF OPERATIONS FILED AS PART OF THE QUARTERLY REPORT ON FORM 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH QUARTERLY REPORT ON FORM 10-Q. </LEGEND> <CIK> 0001011028 <NAME> NETSMART TECHNOLOGIES, INC. <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-1-1998 <PERIOD-END> DEC-31-1998 <CASH> 198,689 <SECURITIES> 0 <RECEIVABLES> 3,600,025 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 6,958,004 <PP&E> 354,036 <DEPRECIATION> 0 <TOTAL-ASSETS> 10,288,946 <CURRENT-LIABILITIES> 6,947,821 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 12 <COMMON> 27,869 <OTHER-SE> 3,256,211 <TOTAL-LIABILITY-AND-EQUITY> 10,288,946 <SALES> 13,105,267 <TOTAL-REVENUES> 13,105,267 <CGS> 8,081,539 <TOTAL-COSTS> 4,324,347 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 346,114 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 413,267 <DISCONTINUED> (217,018) <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 196,249 <EPS-PRIMARY> .04 <EPS-DILUTED> .04