Retail POS Systems266 South lincoln ave, Oakhurst, New JerseyFounded 2010CEO Elliot Djmal
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.
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 #410 on the Latka List. The list ranks the 1,301 companies Nathan Latka has interviewed by revenue.
| As of | Revenue | Source |
|---|---|---|
| Nov 2021 | $900K | – |
| 2022 | $1.2M | Elliot Djmal on cameraWatch at 21:09 |
| Jun 2023 | $1.5M | – |
| Oct 2024 | $9.9MEST | GetLatka estimate |
– source not recorded
Nathan Latka has interviewed Material Retail once, speaking with Elliot Djmal. Each figure links to the second it was said.
Watch: How Material Retail Hit 200 Software Customers While Reaching Profitability (Interview with CEO Elliot Djmal)June 2023 · Elliot Djmal, Co-CEO
Growth tactics they described: Organic SEOWatch at 10:07
Elliot Djmal founded Material Retail in 2010 and runs it as CEO. Material Retail had 16 employees (October 2024, LinkedIn), down from 18 a year earlier.
| As of | Employees | Source |
|---|---|---|
| Oct 2024 | 16 | |
| Jun 2023 | 18 | Elliot Djmal on cameraWatch at 19:28 |
| Nov 2022 | 3 | – |
| Nov 2021 | 3 | – |
| Nov 2020 | 3 | – |
GetLatka estimates Material Retail's revenue at about $9.9M a year (October 2024). The last reported figure was $1.2M in 2022, as Elliot Djmal said on camera.
Material Retail had 16 employees in October 2024, according to LinkedIn.
Elliot Djmal is the CEO of Material Retail and founded the company in 2010. Nathan Latka interviewed Elliot Djmal in June 2023.
Elliot Djmal founded Material Retail in 2010.
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 List 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 29, 2026Data disclaimerReport a correctionClaim this profile