$6.6 million amortization of acquired intangible assets primarily from the acquisitions of Iron Planet and Rouse. Please try again. Ritchie Bros. is hosting a conference call to discuss its financial results for the quarter ended June 30, 2022 at 8am Pacific time . Inventory sales revenue increased 37% year-over-year to $683.2 million primarily due to a higher mix of GTV contracted via inventory deals primarily sourced from our United States strategic accounts teams. Forward looking statements are made as of the date of this news release and the Company does not undertake any obligation to update the information contained herein unless required by applicable securities legislation. Id like to thank Ritchie Bros. and its employees for their professionalism throughout the entire consignment processthey were so friendly, polite, and respectful. Ritchie Bros. next Texas auction will be held at its Fort Worth site, with onsite bidding and events, on June 19 21.
Other costs of services increased 91% year-over-year to $10.6 million mainly due to the acquisition of SmartEquip. Please refer to pages 14-15 for a summary of adjusting items during the three months ended December 31, 2022 and December 31, 2021. , ON Ritchie Bros. is the world's largest industrial auctioneer . , United States, Ocana The remaining 12% was sold to international buyers from as far away as Australia, Finland, Israel, and Malaysia. The Company's suite of solutions also includes Ritchie Bros. Asset Solutions and Rouse Services LLC, which together provides a complete end-to-end asset management, data-driven intelligence and performance benchmarking system; SmartEquip, an innovative technology platform that supports customers' management of the equipment lifecycle and integrates parts procurement with both OEMs and dealers; plus equipment financing and leasing through Ritchie Bros. Financial Services. "Ritchie Bros. delivered outstanding bottom line performance in 2022 with record $6.0 billion in GTV," said Ann Fandozzi, CEO of Ritchie Bros. "These results reflect the high bar we set for . , Canada, Fox Valley , Canada, Reston , MB Serving a broad range of industries, including construction, mining, over the road trucking, agriculture, government assets, automotive as well as oil and gas, we have conducted successful internet auctions since 1999 and sold more than $4 billion of equipment. , Canada, Leask $1.2 million loss on disposition of property, plant and equipment and related costs includes a $1.3 million non-cash cost in the quarter relating to the adjustment made to recognize the Bolton property sale proceeds at fair value when calculating the $169.0 million gain on the Bolton property in the first quarter of 2022, and $0.1 million gain on disposition of property, plant and equipment in the quarter.
Get Free Auction Results. , Canada, Longmont $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. , SK See the equipment prices. , AB Required fields are marked *. , Germany, Newnan $14.0 million of acquisition-related costs related to the proposed acquisition of Euro Auctions and the completed acquisitions of SmartEquip and Rouse. You may obtain free copies of these documents from Ritchie Bros. or IAA free of charge using the sources indicated above. US $17,000. , Canada, Kincaid October Market Trends dives into aerial equipment, SmartEquip celebrates record global network growth, Visit Ritchie Bros. at CONEXPO/CON-AGG this March, Highest selling heavy construction equipment sold on GovPlanet, Everything you need to know about Humvee vehicles, Equipment inspection tips: skid steer loaders, When to buy, lease or rent used heavy equipment or trucks. The remaining 8% was purchased by international buyers from as far away as Egypt, Poland, and Vietnam. , SK The . B723010601B. , SK This item will be selling through a Timed Auction. Service revenue as a percent of GTV increased 90 bps year-over-year to 17.6%. GTV and Selected Condensed Consolidated Financial Information, GTV and Condensed Consolidated Income Statements Fourth Quarter(in U.S. dollars $000's, except share, per share amounts and percentages)(Unaudited), Gain on disposition of property, plant and equipment. You can filter the results by year, make, model, type and location. Cookie Preferences. , Canada, Radville , United States, Jebel Ali Free Zone {0} must be must be greater than 2 characters or be entered as "GD". , SK , Canada, Rycroft This document is not a substitute for the joint proxy statement/prospectus or registration statement or any other document that Ritchie Bros. or IAA may file with the SEC and/or applicable Canadian securities regulatory authorities. Serial number or VIN: B722121701B. Support Contact us Frequently Asked . , Canada, Zevenbergen , Canada, Athabasca , Canada, Balcarres , MN , MB , SK Auction Results: 10,000+ items sold for CA$99+ million in Edmonton, AB October 29, 2022 October 31, 2022. . Fourth Quarter Financial and Business Metric Highlights1: Full Year Financial and Business Metric Highlights1: 1For information regarding Ritchie Bros. use and definition of this measure, see "Key Operating Metrics" and "Non-GAAP Measures" sections in this press release, (in U.S. dollars $000's, except EPS and percentages), Diluted earnings per share attributable to stockholders, Diluted adjusted earnings per share attributable to stockholders, (in U.S. dollars $000's, except percentages), Ancillary and logistical service expenses, A&M service revenue as a % of total GTV- Rate. $2.9 million of acquisition-related costs related to the acquisition of Rouse. Account holders can access 24 months of selling prices through Auction Results. Investors should read the joint proxy statement/prospectus carefully before making any voting or investment decisions. The largest of these events took place in Houston, TX, where we sold US$63+ million of equipment online for approximately 700 consignors. , AB Whether you're buying or selling equipment, it pays to have the latest equipment pricing information. Documents filed with the SEC and applicable Canadian securities regulatory authorities by Ritchie Bros. (when they are available) will be available free of charge by accessing the website of Ritchie Bros. at investor.ritchiebros.com under the heading Financials/SEC Filings, or, alternatively, by directing a request by telephone or mail to Ritchie Bros. at 9500 Glenlyon Parkway, Burnaby, BC, V5J 0C6, Canada, and documents filed with the SEC by IAA (when they are available) will be available free of charge by accessing IAA's website at investors.iaai.com or by contacting IAA's Investor Relations at investors@iaai.com. Total lots sold
FULL OPERATIONS NOT TESTED 17844, 17841, 17839 SOLD WITH 17840 17840: Model ME130/6 - 17.4 HP 460 Volts Pump Model AFP (K) 2046.5 - ME130/6 FM 17844: Model ME200/6 - 26.8 HP 460 Volt.See More Details. $8.5 million amortization of acquired intangible assets primarily from the acquisitions of Iron Planet, SmartEquip, and Rouse. Ritchie Bros. is hosting a conference call to discuss its financial results for the quarter ended June 30, 2021 at 8am Pacific time / 11 am Eastern time / 4pm GMT on August 6, 2021. , QC , United States, Polotitlan , Canada, Young , SK , MB Ritchie Bros. is a one-stop-shop for everything your equipment and truck business needs to succeed - buying and selling solutions, market insights and valuation, global buyer demand, and fleet management tools. Measures of liquidity are noted under "Liquidity and Capital Resources". Adjusted net income attributable to stockholders represents net income attributable to stockholders, excluding the effects of adjusting items. Muskrat Falls auction helps break new regional sales record for Ritchie Bros. SmartEquip celebrates record global network growth, Visit Ritchie Bros. at CONEXPO/CON-AGG this March, Highest selling heavy construction equipment sold on GovPlanet, Everything you need to know about Humvee vehicles, Equipment inspection tips: skid steer loaders, When to buy, lease or rent used heavy equipment or trucks. We believe thesekey operating metricsare useful to investors because management uses these metrics to assess the growth of our business and the effectiveness of our operational strategies. , CA , Canada, Killam , Canada, Vegreville You can unsubscribe to any of the investor alerts you are subscribed to by visiting the 'unsubscribe' section below. , CO Inventory rate
GTV increased 6% year-over-year to $1.5 billion driven by a rebound in lot volumes offset by weaker mix adjusted prices, unfavourable impact of foreign exchange and unfavorable asset mix. , Canada, Brandon , MB 2013 JLG 260 MRT Diesel 4x4 Scisso. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. Total number of organizations activated on the Business Inventory Management System increased by 465% year-over-year compared to 2021. Report Job. , SK Group. US$244+ million of equipment sold in our 2023 Premier Global Auction in Orlando, FL. Adjustments for items not affecting cash: Net changes in operating assets and liabilities, Net cash provided by operating activities, Proceeds on disposition of property, plant and equipment, Net cash provided by (used in) investing activities, Proceeds from exercise of options and share option plans, Payment of withholding taxes on issuance of shares, Net increase (decrease) in short-term debt, Effect of changes in foreign currency rates on cash, cash equivalents, and restricted cash, Cash, cash equivalents, and restricted cash, end of period. (All figures are presented in U.S. dollars), "Ritchie Bros. delivered outstanding bottom line performance in 2022 with record $6.0 billion in GTV," said Ann Fandozzi, CEO of Ritchie Bros. "These results reflect the high bar we set for execution for our team and a strong focus on delivering value for our customers. Fourth Quarter and Full Year 2022 Earnings Conference CallRitchie Bros. is hosting a conference call to discuss its financial results for the quarter and year ended December 31, 2022 at 2pm Pacific time / 5pm Eastern time / 10pm GMT on February 21, 2023. , Canada, Carievale , MD , SK Adjusted operating income enhances the Company's ability to evaluate and understand ongoing operations, underlying business profitability, and facilitate the allocation of resources. We define our key operating metrics as follows: Gross transaction value
$6.2 million share based payments expense. Sell your equipment. $0.9 million loss on disposition of property, plant and equipment and related costs includes a $1.3 million non-cash cost in the quarter relating to the adjustment made to recognize the Bolton property sale proceeds at fair value when calculating the $169.0 million gain on the Bolton property in the first quarter of 2022, partially offset by $0.3 million gain on disposition of property, plant and equipment in the quarter. , SK Ritchie Bros. Auctioneers Incorporated, an asset management and disposition company, sells industrial equipment and other durable assets through its unreserved auctions, online marketplaces, listing services, and private brokerage services. Whether you're buying or selling equipment, it pays to have the latest equipment pricing information. We're the auction expertsand we've been helping people around the world buy and sell with confidence since 1958. $0.2 million of non-recurring advisory, legal and restructuring costs relating to retention costs in connection with the restructuring of our information technology team during the year. , AB For the reasons set forth above, you should not place undue reliance on forward looking statements. Adjusted net debt is calculated by subtracting cash and cash equivalents from short and long-term debt. In addition, Canada saw an increased volume of inventory sold mainly in the commercial transportation and construction sectors. With our fifth Edmonton, AB auction of the year, we attracted more than 16,500 bidders to compete for 10,000+ items, generating CA$99+ million (US$73+ million) in gross transaction value. , Canada, Teulon , SK $3.0 million of acquisition-related costs related to the acquisition of Rouse. Service revenue as a percent of GTV increased 80 bps year-over-year to 17.4%. , SK , CA It's fast and free. Ritchie Bros. is the world's largest auctioneer of used and unused heavy equipment. Selling: Montreal, QC, CAN - Fri, Mar 24. Thanks to our innovative online platform, we were able to efficiently sell 3,500+ offsite items right alongside the 7,000+ items on display in our Edmonton yard. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE REGISTRATION STATEMENT ON FORM S-4 AND THE RELATED JOINT PROXY STATEMENT/PROSPECTUS, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS AND ANY OTHER RELEVANT DOCUMENTS FILED OR TO BE FILED WITH THE SECAND APPLICABLE CANADIAN SECURITIES REGULATORY AUTHORITIESIN CONNECTION WITH THE PROPOSED IAA TRANSACTION OR INCORPORATED BY REFERENCE IN THE JOINT PROXY STATEMENT/PROSPECTUS, CAREFULLY AND IN THEIR ENTIRETY IF AND WHEN THEY BECOME AVAILABLE, BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT Ritchie Bros., IAA AND THE PROPOSED IAA TRANSACTION. Account holders can access 24 months of selling prices through Auction Results. Containers (2267) Excavator Attachments (2086) Industrial and Construction Supplies (2502) Other (4351 . , Canada, Vibank $7.5 million share based payments expense. Inventory sales revenue increased 50% year-over-year to $171.3 million primarily due to a higher mix of GTV contracted via inventory deals. Mack E7 6 Cylinder 12 L Diesel 427 hp Engine, 2002 US EPA Label, 18041 Engine hrs, Engine Brake, Eaton Fuller 10-Speed Manual Transmission, Differential Lock, 12000 lb Front Axle, 38000 lb Rears, MACK Drive Axles, 50000 lb GVWR, Air Ride Cab, Aluminum Wheels, 11R24.5 Front Tires, 11R24.5 Rear Tires, Air Ride Suspension, 204 in Wheelbase, PTO, Wet Kit, Air Sliding 5th Wheel, Headache Rack, Dual . Last week Ritchie Bros. sold 13,300+ equipment items, trucks, and vehicles at its Premier Global Auction in Orlando, FL, generating US$244+ million in gross transaction value. Non-GAAP measures do not have a standardized meaning and are, therefore, unlikely to be comparable to similar measures presented by other companies. Consolidated results: Total revenue in Q1 2022 increased 19% to $393.9 million. This metric excludes GovPlanet transactions. {0} must be between {1} and {2} characters. Equipment highlights in the October Edmonton auction included 140+ truck tractors, 85+ excavators, 60+ skid steers, 60+ dozers, 25+ pipelayers, forestry equipment, and more. , MB Search IronPlanet's auction results. Other Services total revenue increased 28% year-over-year to $198.6 million primarily due to stronger performance and execution in RBFS, the addition of SmartEquip and strong growth in Rouse. The replay of the webcast will be available through March 21, 2023. Adjusted EBITDA increased 24% driven by high flow through revenue growth of 24%. Burnaby, BC, CA, 1-800-211-XXXX (Click to reveal) Gain on property, plant and equipment in Q1 2022 was $169.1 million due to a sale of property located in Bolton, Ontario. Cash provided by operating activities was $463.1 million for 2022. , Canada, Wymark After submitting your request, you will receive an activation email to the requested email address. *The information collected will be retained in accordance with our privacy statement. , Canada, Wakaw 2001 Kenworth T800 6x4 T/A Dump Truck . {0} is an invalid phone number format. Examples of valid formats would be 000-0000 or 0000000. The company sells a range of used and unused commercial assets, including earthmoving equipment, truck . GlobalAuctionGuide.com 2001-2023 | Part of the Global Auction Guide Media , Canada, Gilbert Plains Adjusting items for the year
Make: Model: Year: - . Revenue totalled US$443.9 million for the quarter, up from $359.4 million a year earlier. , Canada, Notre Dame De Lourdes Thanks to technology and our hardworking teams, its easier than ever to sell equipment from anywhere, which is a huge benefit for our customers.. Last week in Texas, we sold close to 5,000 equipment items and trucks over three days for US$71+ million in gross transaction value, which is up 25% from the same auction last year. Get Shipping Quotes.
Home > Auction Results. Auction Results. Copyright 1999-2023 IronPlanet, Inc. All Rights Reserved. , SK Dear SalvageSale customers, Ritchie Bros. Auctioneers' acquisition of IronPlanet has given us the tools and technology to provide customers like you more choices and improved platforms to buy, sell and list equipment online. Please refer to pages 14-15 for a summary of adjusting items for the three months ended December 31, 2022 and December 31, 2021. , Canada, Roblin This metric calculates the total number of bids received for a lot divided by the total number of lots sold. You can sign up for additional alert options at any time. $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. "Ritchie Bros. delivered outstanding bottom line performance in 2022 with record $6.0 billion in GTV," said Ann Fandozzi, CEO of Ritchie Bros. "These results reflect the high bar we set for execution for our team and a strong focus on delivering value for our customers. Earnings per share attributable to stockholders: Weighted average number of share outstanding: Condensed Consolidated Balance Sheets(in U.S. dollars $000's, except share data)(Unaudited), Common stock; no par value, unlimited shares authorized, issued and, outstanding shares: 110,881,363 (December 31, 2021: 110,618,049), Condensed Consolidated Statements of Cash Flows(in U.S. dollars $000's)(Unaudited). (in U.S. dollars $millions, except percentages). Ritchie Bros. - C I M Charity Auction, USA - Rabu, 18 01 2023. Online Auction. Forward-looking StatementsThis news release contains forward-looking statements and forward-looking information within the meaning of applicable U.S. and Canadian securities legislation (collectively, "forward-looking statements"), including, in particular, statements regarding future financial and operational results and growth and value prospects and payment of dividends. , Canada, Schuler You must click the activation link in order to complete your subscription. Apply for Financing. Adjusting operating income eliminates the financial impact of adjusting items from operating income, which are significant recurring and non-recurring items that the Company does not consider to be part of its normal operating results, such as share-based payments expense, acquisition-related costs, amortization of acquired intangible assets, management reorganization costs, and certain other items, which the Company refers to as "adjusting items". $1.3 million loss due to the change in fair value of derivatives to manage our exposure to foreign currency exchange rate fluctuations on the purchase consideration for the proposed acquisition of Euro Auctions. , AB We offer a wide range of unused and used equipment and trucks for sale: Quarterly DividendOn January 13, 2023, the Company declared a quarterly cash dividend of $0.27 per common share, payable on March 3, 2023 to stockholders of record on February 10, 2023. /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. In 2021, the Company updated the calculation of adjusted EBITDA to add-back certain adjustments that have been applied retrospectively to all periods presented, as applicable (refer to adjusted operating income reconciliation above). , MB , Canada, Salvador Keyword: Industry: All Industries. Day Three was our first dedicated Energy Day in Fort Worth, said Mike Brzezinski, Regional Sales Manager and leader of the Ritchie Bros. Energy team. *The information collected will be retained in accordance with our privacy statement. , SK In the year 2020, revenues rose 4% to $1.4 billion, with most sales generated from commissions and fees, with inventory sales coming in at roughly half a billion. $5.4 million share based payments expense. Search, view and compare equipment selling prices for the past two years, including construction equipment, farm equipment and trucks when you get access to Ritchie . Your email address will not be published. , AB , Canada, Meppen , SK , Canada, Elm Creek 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. {0} must be a valid date of the format YYYY-MM-DD. About Ritchie Bros.Established in 1958, Ritchie Bros. (NYSE and TSX: RBA) is a global asset management and disposition company, offering customers end-to-end solutions for buying and selling used heavy equipment, trucks and other assets. Nisku Add to Watchlist. , Canada, Eston Last week we conducted 24 online auctions across the globe, selling more than 34,000 equipment items over six days. Inventory return increased 46% year-over-year to $74.7 million due to higher volume of inventory deals sourced, including from our strategic accounts in the United States primarily in the finance and rental sectors. , United States, Arran From the onset of the pandemic, Ritchie Bros. has invested to create . , SK Important Additional Information and Where to Find It. Subcategory: All Subcategories. , MB It's fast and free. Industry. We have encountered a server error. Our Main Office. The Illinois Equipment Distributors (IED) has invited a representative of Ritchie Bros. Auctioneers to speak to its members at the organization's 2023 kick off business meeting March 23. Second Quarter 2022 Earnings Conference Call. , United States, St Aubin Sur Gaillon Create a free account: it's fast, free and gives you full access to our website features. Service revenue increased 11% year-over-year, driven by solid contribution from both Auctions & Marketplace ("A&M") and positive growth from our Other Services. Achieves full year record GTV of $6.0 billion. . The following table reconciles adjusted operating income to operating income, which is the most directly comparable GAAP measure in the consolidated financial statements. Ritchie Bros. is the world's largest auctioneer of heavy equipment and trucks. If you have equipment to consign, please contact us today! VANCOUVER, BC, Feb. 28, 2023 /PRNewswire/ - Ritchie Bros. Auctioneers Incorporated (NYSE: RBA) (TSX: RBA), ("Ritchie Bros.," the "Company," "we," "us" or "our"), today announced that Ritchie Bros . {0} is an invalid phone number format. Ritchie Bros. Auctioneers These adjustments in 2021 have been applied retrospectively to all periods presented, as applicable. PR Newswire. , AB Auction Results: US$71+ million of equipment sold in Fort Worth, TX. , SK $0.1 million gain recognized on the disposition of property, plant and equipment.