ritchie bros auction results
, Canada, Medford By providing your email address below, you are providing consent to Ritchie Bros. Auctioneers to send you the requested Investor Email Alert updates. Other Services selling, general and administrative expenses increased 48% year-over-year to $73.7 million due to the inclusion of SmartEquip, higher costs in RBFS with strong results, as well as investments made for our growth initiatives in Rouse. $1.3 million gain due to the change in fair value of derivatives to manage exposure to foreign currency exchange rate fluctuations on the purchase consideration for the proposed acquisition of Euro Auctions. How to bid on this item. Total lots sold On an adjusted basis, Ritchie Bros. says it earned 68 cents per diluted share, up from an adjusted profit . We have encountered a server error. View All Ritchie Bros. Auctioneers Videos. Here are three of the biggest sellers in the auction: Your email address will not be published. $3.0 million of acquisition-related costs related to the acquisition of Rouse. $3.8 million share based payments expense. Total revenue increased 24% year-over-year to $443.9 million. , United States, Wilkie , MB , Canada, Chehalis , MB Key Operating MetricsWe regularly review a number ofmetrics, including the following key operating metrics, to evaluate our business, measure our performance, identify trends affecting our business, and make operating decisions. , MB , Canada, Wadena You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. , AB $8.2 million amortization of acquired intangible assets primarily from the acquisitions of Iron Planet, SmartEquip, and Rouse. , Canada, Hussar Solid execution from the at-risk team drove a robust 10.9% inventory rate. , Canada, Benito Our latest changes to Salvage Sale were designed to improve user experience, as well as grant more exposure to our inventory. , Canada, Abbey Group. , Canada, Carievale Service revenue increased 11% year-over-year to $272.5 million. , Canada, Young In connection with the proposed IAA transaction, Ritchie Bros. filed with the SEC and applicable Canadian securities regulatory authorities a registration statement on Form S-4 to register the common shares of Ritchie Bros. to be issued in connection with the proposed IAA transaction on December 14, 2022 (the "Initial Registration Statement"), as amended by Amendment No. Ritchie Bros. - C I M Charity Auction, USA - Wednesday Jan 18, 2023. We also had an entire day dedicated to energy-specific equipment.. , Canada, Eston To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. , MB , AB /selling/sell-now Whether you have one piece of equipment, a fleet of trucks or an entire farm to sell, we can turn your valuable assets into cash - quickly, efficiently and for the best possible returns. , MB The company sells a range of used and unused commercial assets, including earthmoving equipment, truck . Equipment highlights from Fort Worth included 340+ truck tractors, 115+ excavators, 115+ forklifts, 90+ bucket trucks, 80+ skid steers, as well as cranes, miscellaneous drilling equipment, and so much more. , Canada, Stump Lake , Canada, Canora At Ritchie Bros. Auctioneers, we promise to treat your data with respect and will not share your information with any third party. , SK First sign in or create an account. Construction Equipment Guide 470 Maryland Drive Fort Washington, PA 19034 800-523-2200 In addition, Canada saw an increased volume of inventory sold mainly in the commercial transportation and construction sectors. {0} is an invalid phone number format. VANCOUVER - Ritchie Bros. Auctioneers Inc. reported its fourth-quarter profit and sales were up compared with a year earlier. , Canada, Minitonas , Canada, Glenbush By providing your email address below, you are providing consent to Ritchie Bros. Auctioneers to send you the requested Investor Email Alert updates. Auction Results: 10,000+ items sold for CA$99+ million in Edmonton, AB. First sign in or create an account. , SK *The information collected will be retained in accordance with our privacy statement. , Canada, South Vienna Adjusted Net Debt and Adjusted Net Debt/Adjusted EBITDA ReconciliationThe Company believes that comparing adjusted net debt/adjusted EBITDA on a trailing 12month basis for different financial periods provides useful information about the performance of its operations as an indicator of the amount of time it would take to settle both the Company's short and long-term debt. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the U.S. Securities Act of 1933, as amended, or pursuant to an exemption from, or in a transaction not subject to, such registration requirements. We will work with you to determine the best way to sell your equipment and market it to our millions of buyers. , CA , BC Save my name, email, and website in this browser for the next time I comment. There can be no assurance that forward-looking statements will prove to be accurate, and actual results may differ materially from those expressed in, or implied by, these forward-looking statements. Serial number or VIN: B722121701B. The following table reconciles adjusted EBITDA to net income, which is the most directly comparable GAAP measure in, or calculated from, the consolidated financial statements: Adjusted EBITDA is calculated by adding back depreciation and amortization, interest expense, income tax expense, and subtracting interest income from net income, as well as adding back share-based payments expense, acquisition-related costs, loss (gain) on disposition of property, plant and equipment, change in fair value of derivatives, non-recurring advisory, legal and restructuring costs which includes terminated and ongoing transaction costs, and excluding the effects of any non-recurring or unusual adjusting items. 2023-01-18 Wednesday Jan 18, 2023. . Review our account terms and conditions and privacy statement to learn more about accessing a free account and how we process information. If you have equipment to consign, please contact us today! Auction Results. Our Houston yard was very busy leading up to the auction with customers inspecting, testing, and comparing items prior to bidding online, said Chuck Roberson, Regional Sales Manager, Ritchie Bros. As expected, we continue to drive strong pricing for late-model, low-hour equipment and trucks, resulting in a lot of happy consignors., With Ritchie Bros., everything is first class. $0.2 million of non-recurring advisory, legal and restructuring costs related to SOX remediation costs relating to efforts to remediate the material weaknesses identified in 2020, which has been retrospectively applied to the second quarter of 2021. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. business through its divisions, to receive emails containing news, updates and promotions, including third IronPlanet is the leading marketplace for the buying and selling of used equipment. , Canada, Vegreville Get Shipping Quotes. $169.8 million gain recognized on the disposition of property, plant and equipment of which $169.1 million related to the sale of a property located in Bolton, Ontario. 2023-01-18 Rabu, 18 01 2023. Service revenue in Q1 2022 increased 19% to $244.9 million. Conference call and webcast details are available at the following link:https://investor.ritchiebros.com. Ritchie Bros. reports fourth quarter 2022 results, https://www.prnewswire.com/news-releases/ritchie-bros-reports-fourth-quarter-2022-results-301752127.html, Total revenue increased 24% year-over-year to $443.9 million, Service revenue increased 11% year-over-year to $272.5 million, Inventory sales revenue increased 50% year-over-year to $171.3 million, Net income increased 48% year-over-year to $45.3 million, Diluted earnings per share increased 48% year-over-year to $0.40 per share, GTV increased 9% year-over-year to $6.0 billion or 12% year-over-year when excluding the impact of foreign exchange, Total revenue increased 22% year-over-year to $1.7 billion, Service revenue increased 14% year-over-year to $1.1 billion, Inventory sales revenue increased 37% year-over-year to $683.2 million, Net income increased 110% year-over-year to $319.8 million, Diluted earnings per share increased 110% year-over-year to $2.86 per share, Diluted adjusted earnings per share increased 24% year-over year to $2.41 per share, Adjusted EBITDA increased 21% year-over-year to $465.2 million. Toronto, February 28, 2023 -- Moody's Investors Service ("Moody's") has confirmed Ritchie Bros. Auctioneers Incorporated's ("RBA") Ba2 corporate family rating (CFR), its Ba2-PD probability of default rating, and its Ba3 senior unsecured rating on its existing notes due 2025, which will be withdrawn once repaid. Auctioneers: You can sign up for additional alert options at any time. The following table reconciles adjusted net income attributable to stockholders and diluted adjusted EPS attributable to stockholders to net income attributable to stockholders and diluted EPS attributable to stockholders, which are the most directly comparable GAAP measures in the consolidated financial statements. , AB Each of Ritchie Bros. and IAA may also file other relevant documents with the SEC and/or applicable Canadian securities regulatory authorities regarding the proposed IAA transaction. Make: Model: Year: - . If you experience any issues with this process, please contact us for further assistance. , Canada, Radville Get Free Auction Results. Get Free Auction Results. Ritchie Bros. has grown from a small-town auctioneer to a global asset management and disposition company. , Canada, Wetaskiwin Our customers in the energy sector benefitted greatly from selling their construction and transportation assets in Fort Worth, with a massive global audience watching. , Canada, Debert VANCOUVER, BC, and WESTCHESTER, Ill. -November 7, 2022 - Ritchie Bros. Auctioneers Incorporated (NYSE: RBA) (TSX: RBA), (the "Company" or "Ritchie Bros.") and IAA, Inc. (NYSE: IAA), today announced that they have entered into a definitive agreement under which Ritchie Bros. will acquire IAA in a stock and cash transaction valued at approximately $7.3 billion including the assumption of . $8.4 million amortization of acquired intangible assets primarily from the acquisitions of Iron Planet, SmartEquip, and Rouse. , Canada, Outlook It's fast and free. Ritchie Bros. Auctioneers. Private Treaty, offering privately negotiated sales; and sector-specific solutions GovPlanet, TruckPlanet, and Ritchie Bros. Energy. Our newsletter is the best way to keep up with all current auctions in your area! After submitting your request, you will receive an activation email to the requested email address. , SK , Canada, Congress The company, which keeps its books in U.S. dollars, reported a . , Canada, Fox Valley It's fast and free. Ritchie Bros. and IAA, certain of their respective directors and executive officers and other members of management and employees, and Jeffrey C. Smith and potentially other Starboard employees, may be deemed to be participants in the solicitation of proxies from the stockholders of Ritchie Bros. and IAA in respect of the proposed IAA transaction under the rules of the SEC. , Canada, Western Canada Whether you're buying or selling equipment, it pays to have the latest equipment pricing information. , SK 2009 Mack GU813 (52292149), 6 Cylinder 12.7 L Diesel Engine LOCATED-IN-BOLTON-ON, Closing Time: 2023-02-28 11:35:15 AM from Ritchie Bros. Auctioneers We sold more than 450 items in last weeks Houston auction and were extremely happy with the results. Report Job. , SK Located: Mont-Saint-Hilaire, QC. Please see contact us , Canada, Hazenmore , Italy, Chilliwack $2.6 million of non-recurring advisory, legal and restructuring costs, which include $1.4 million of terminated and ongoing transaction and legal costs relating to mergers and acquisition activity, $0.7 million of SOX remediation costs relating to efforts to remediate the material weaknesses identified in 2020, and $0.5 million of advisory costs relating to a cybersecurity incident detected in the fourth quarter of 2021. $8.5 million amortization of acquired intangible assets primarily from the acquisitions of Iron Planet, SmartEquip, and Rouse. Ritchie Bros. is the world's largest industrial auctioneer . , Canada, Bolton Service revenue as a percent of GTV increased 90 bps year-over-year to 17.6%.
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