The MEGAjoist is a revolutionary, cost effective and environmentally friendly long span joist system that provides rock solid stability in flooring, roofing, decking, or any other platform surface.
Offering at least twice the load capacity relative to traditional truss systems, the MEGAjoist is designed to be load-bearing and to cantilever; significantly reducing the amount of expensive steelwork and hardwood timber beams required for construction projects, hence, materially reducing the costs of construction.
With over 1,500 successful projects completed and revenues in excess of $6.5 million since 2017, we are now drawing the attention of a growing number of architects, engineers, and builders around Australia.
With their technology patented in Australia, New Zealand, and USA, representing a total market opportunity of over $21.8 billion, MEGAjoist is ready to embark on domestic and international expansion.
For as little as $500, you can become a MEGAjoist shareholder and join them as they scale the business.
The MEGAjoist was developed by Australian Engineered Solutions Pty Ltd (AES) which was established in 2009. Providing civil and structural engineering consulting services to the construction industry. The founding director and CEO, Darren Hercus, is a qualiﬁed and charted structural and civil engineer with over 30 years of industry experience.
AES is committed to developing and supplying superior, innovative, cost-eﬀective and environmentally friendly timber engineered products to the building industry. These revolutionary timber engineered products are the MEGAjoist ﬂoor truss and MEGArafter roof truss systems.
The MEGAjoist range of products are fabricated using 97% plantation timber and the connections are ﬁxed with adhesive rather than the conventional metal nail plates or metal struts. All MEGAjoist products and the proprietary adhesive have been thoroughly tested prior to release on the market.
With 73% of detached Australian homes built in 2017-18 being of timber frame construction, timber is the preferred frame option in Australia because of its cheaper cost, faster assembly, and greater flexibility. The MEGAjoist roof and truss system offers these same benefits, while being more than double the strength of a conventional truss.
Having spent the last 12 years perfecting the MEGAjoist, AES is ready to scale their operations and capitalise on Australia’s $2.3 billion timber roof and floor truss market.
With registered patents in New Zealand and the United States, AES plans to expand their operations into these international markets, representing a combined $19.5 billion market opportunity.
With tailwinds of increased awareness of wood as a sustainable construction material, MEGAjoist floor and roof trusses offer a cost-effective solution that does not compromise on quality. AES believes the MEGAjoist range of products is well positioned to grow market share within a construction industry that has faced rapid price rises.
To date, AES has successfully completed over 1,500 projects in Victoria and New South Wales, having generated revenues in excess of $6.5 million since 2017.
AES's annual turnover in FY23 was $1.25 million AUD, representing a 11% compound annual growth rate (CAGR) increase since FY21. FY23 gross profit was $480,000, representing a gross profit margin of 39%.
Since 2011, the Company’s core focus has been manufacturing the MEGAjoist within its fabrication plant based in the Mornington Peninsula, Victoria. This period has enabled AES to perfect the MEGAjoist fabrication process and prove marketability of the product.
Having invested in the MEGAjoist solution, AES is now ready to facilitate expansion through growth in MEGAjoist licencing agreements and fabrication plants.
AES also plans to establish additional facilities within the Australian market and sell MEGAjoist licenses within Australia and into New Zealand and the USA.
The MEGAjoist products have many advantages over conventional truss systems:
AES is pleased to announce the below shareholder benefits. Not only are you supporting the growth of the Company, but investors who invest $5,000 or more into AES will also benefit from trade discounts on MEGAjoist products and licences.
You can join MEGAjoist as a shareholder by investing as little as $500. However, the below benefits are for those who invest $5,000 or more;
*This offer is not valid for existing wholesale arrangements with AES.
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