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Material Retail is a software and services platform built for independent brick-and-mortar boutiques, offering point-of-sale systems, inventory management, e-commerce tools, and access to a curated online marketplace called Shoptiques.com.

materialretail.comUpdated Oct 5, 2026
Annual revenue
$9.9M
Oct 2024EST.
Latka Top
#446
of 1,372 interviewed companiesEST.
Employees
16
Oct 2024
Customers
200

Material Retail revenue

Material Retail's last reported revenue was $1.2M in 2022 (Elliot Djmal on camera). GetLatka estimates it at about $9.9M a year (October 2024). Material Retail is #446 on the Latka Top. The Latka Top ranks the 1,372 companies Nathan Latka has interviewed by revenue.

$0
$2.5M
$5M
$7.5M
$900K
$1.2M
$1.5M
$9.9M
2021202220232024
ReportedEstimateOne figure per year; a reported figure wins over an estimate
All 4 revenue readings, with sources
As ofRevenueSource
Nov 2021$900K–
2022$1.2MElliot Djmal on cameraWatch at 21:09
Jun 2023$1.5M–
Oct 2024$9.9MEST.GetLatka estimate

– source not recorded

Interviews with Elliot Djmal

Nathan Latka has interviewed Material Retail once, speaking with Elliot Djmal. Each figure links to the second it was said.

Growth tactics they described: Organic SEOWatch at 10:07

Material Retail CEO, founders & employees

Elliot Djmal founded Material Retail in 2010 and runs it as CEO. Material Retail has 16 employees (October 2024, LinkedIn), down from 18 a year earlier.

0
5
10
15
3
3
3
18
16
20202021202220232024
ReportedOne figure per year; a reported figure wins over an estimate
All 5 headcount readings, with sources
As ofEmployeesSource
Oct 202416LinkedIn
Jun 202318Elliot Djmal on cameraWatch at 19:28
Nov 20223–
Nov 20213–
Nov 20203–

Material Retail FAQ

How much money does Material Retail make?

Material Retail's last reported revenue was $1.2M in 2022 (Elliot Djmal on camera). GetLatka estimates about $9.9M a year (October 2024).

Who is the CEO of Material Retail?

Elliot Djmal, a co-founder.

Who founded Material Retail?

Elliot Djmal, in 2010.

How many employees does Material Retail have?

About 16 as of October 2024 (LinkedIn).

How this page is sourced

7 said on camera · 1 from public sources · 1 estimate. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice. The Latka Top ranks the private, operating companies Nathan Latka has interviewed by the latest revenue figure on each profile, reported or estimated; equal figures share a rank.

Updated Oct 5, 2026Data disclaimerReport a correctionClaim this profile