<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extractd from the Statement of Financial Position at July 31, 1997 (Unaudited) and the Statement of Operations for the three months ended July 31, 1997 (Unaudited) and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0000880121 <NAME> Market America, Inc. <MULTIPLIER> 1 <CURRENCY> U.S. Dollars <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> APR-30-1997 <PERIOD-START> MAY-01-1997 <PERIOD-END> JUL-31-1997 <EXCHANGE-RATE> 1.000 <CASH> 20,713,393 <SECURITIES> 0 <RECEIVABLES> 56,624 <ALLOWANCES> 0 <INVENTORY> 1,787,656 <CURRENT-ASSETS> 22,617,087 <PP&E> 998,964 <DEPRECIATION> 328,644 <TOTAL-ASSETS> 23,362,371 <CURRENT-LIABILITIES> 5,814,354 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 199 <OTHER-SE> 17,292,858 <TOTAL-LIABILITY-AND-EQUITY> 23,362,371 <SALES> 19,463,823 <TOTAL-REVENUES> 19,463,823 <CGS> 2,652,779 <TOTAL-COSTS> 2,652,779 <OTHER-EXPENSES> 12,577,306 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 4,440,947 <INCOME-TAX> 1,788,860 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,652,087 <EPS-PRIMARY> 0.13 <EPS-DILUTED> 0.13