ritchie bros auction results

{0} can only contain letters, numbers, dash (-) and dot (.). , Canada, Stony Plain , SK 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. (in U.S. dollars $000's, except share and per share data, and percentages), Loss on redemption of the 2021 Notes and certain related interest expense, Adjusted net income attributable to stockholders, Weighted average number of dilutive shares outstanding, Diluted adjusted earnings per share attributable to Stockholders. , Canada, Rouleau , United States, Arran , Canada, Saskatoon , SK , Canada, Stockholm Auctioneers: : Inventory sales revenue less cost of inventory sold. Auction results: US$50+ million of equipment sold in Pacific Northwest auction . $7.9 million amortization of acquired intangible assets primarily from the acquisitions of Iron Planet, SmartEquip, and Rouse. Get Shipping Quotes. $6.8 million amortization of acquired intangible assets primarily from the acquisitions of Iron Planet and Rouse. In 2021, the Company updated the calculation of adjusted operating income to add-back share-based payments expense, all acquisition-related costs (including any share-based continuing employment costs recognized in acquisition-related costs), amortization of acquired intangible assets, and gain or loss on disposition of property, plant and equipment. Sign Me Up Login. $5.4 million share based payments expense. This metric calculates the total number of bids received for a lot divided by the total number of lots sold. , Canada, Young By providing your email address below, you are providing consent to Ritchie Bros. Auctioneers to send you the requested Investor Email Alert updates. Category: All Categories. 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. , MD 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. Fourth Quarter Financial and Business Metric Highlights1: Gross transaction value ("GTV") 1 increased 6% year-over-year to $1.5 billion or 9% year-over-year when excluding the impact of foreign exchange. Low value assets are sometimes bundled into a single lot, collectively referred to as "small value lots". , Canada, Colonsay , SK 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. "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, Porcupine Plain On an adjusted basis, Ritchie Bros. says it earned 68 cents per diluted share, up from an adjusted profit . , Canada, Rockhaven , SK This item will be selling through a Timed Auction. If you have equipment to consign, please contact us today! , United Arab Emirates, Caorso , NV C I M Charity Auction, USA. Bidding is open, transparent and fair no minimum bids, and no reserve prices. , Canada, Colgate , Canada, Bolton Adjusted EBITDA increased 24% driven by high flow through revenue growth of 24%. View All Ritchie Bros. Auctioneers Videos. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. 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. Auctions. 2016 Western Star 4900 (52293209), Detroit DD13 455 hp Engine, Eaton Fuller 10-Speed Transmission, 12000 lb Front Axle, 40000 lb Rears insp 23-04 from Ritchie Bros. Auctioneers Subcategory: All Subcategories. We publish selling prices from our auct. , SK $9.1 million share based payments expense. , MB , Italy, Chilliwack , SK : Represents total proceeds from all items sold at the Company's auctions and online marketplaces. Get Free Auction Results. , Canada, Brandon , Canada, Perris 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. Debt / net income was 1.9x for the twelve months ended December 31, 2022. , Canada, Calgary , MB 1 and Amendment No. , BC , Canada, Taylor , SK , Canada, Chehalis A one-stop-shop for used equipment dealers and resellers. A&M service revenue increased 11% year-over-year to $222.1 million with A&M take rate increasing 70 basis points to 14.4% driven by higher buyer fees implemented in early 2022. $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. , Canada, Oakbank If you experience any issues with this process, please contact us for further assistance. Measures of liquidity are noted under "Liquidity and Capital Resources". Please refer to pages 14-15 for a summary of adjusting items during the trailing 12months ended December 31, 2022 and December 31, 2021. Create a free account: it's fast, free and gives you full access to our website features. , Australia, Yorkton Amortization of acquired intangible assets, Loss (gain) on disposition of property, plant and equipment and related costs, Non-recurring advisory, legal and restructuring costs. We offer a wide range of unused and used equipment and trucks for sale: Upcoming auctions; Auction results; Search over 87,427 items in inventory. 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. We sold more than 450 items in last weeks Houston auction and were extremely happy with the results. , SK , Canada, Rolling Hills 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 . : A single asset to be sold, or a group of assets bundled for sale as one unit. Get Free Auction Results. , SK 2013 JLG 260 MRT Diesel 4x4 Scisso. : Each bid is completed electronically through our real-time online bidding system. Ritchie Bros. Auctioneers Nisku Email address. The remaining 12% was sold to international buyers from as far away as Australia, Finland, Israel, and Malaysia. , SK Operating margins came in at . , CA $3.8 million share based payments expense. 1-800-211-3983, View Website , AB Service revenue increased 11% year-over-year, driven by solid contribution from both Auctions & Marketplace ("A&M") and positive growth from our Other Services. The largest of these events took place in Houston, TX, where we sold US$63+ million of equipment online for approximately 700 consignors. Online Auction. Updated within 24 hours of the end of an auction. At Ritchie Bros. Auctioneers, we promise to treat your data with respect and will not share your information with any third party. First sign in or create an account. Last week we conducted 24 online auctions across the globe, selling more than 34,000 equipment items over six days. , United States, View Past The Company does not consider this to be a measure of its liquidity, which is its ability to settle only short-term obligations, but rather a measure of how well it funds liquidity. The unreserved online auction attracted more than 10,800 online bidders from 63 countries. , United States, North East , SK $2.3 million of non-recurring advisory, legal and restructuring costs, which include $0.9 million related to severance and retention costs in connection with the restructuring of our information technology team driven by our strategy to build a new digital technology platform, $0.5 million of terminated and ongoing transaction and legal costs relating to mergers and acquisition activity, $0.4 million of SOX remediation costs, and $0.6 million of advisory costs relating to a cybersecurity incident detected in the fourth quarter of 2021. Ritchie Bros. is the world's largest auctioneer of used and unused heavy equipment.We conduct hundreds of public equipment auctions around the world each year for the construction, transportation, agricultural, real estate and other industries.Bidding is open, transparent and fair no minimum bids, and no reserve prices. With the market capitalization of Ritchie Bros. Auctioneers Incorporated currently standing at about $6.71 billion, investors are eagerly awaiting this quarter's results, scheduled for May 08, 2023 - May 12, 2023. Our newsletter is the best way to keep up with all current auctions in your area! , AB Service revenue increased 14% year-over-year driven by higher buyer fees implemented in early 2022 and revenue growth from our Other Services. , SK Equipment highlights included 330+ truck tractors, 120+ excavators, 40+ dozers, 20+ cranes, as well as directional drilling equipment, hundreds of trailers, and more. First sign in or create an account. We continue to drive strong global demand for equipment and trucks, resulting in a lot of happy consignors, said Jacen Cowick, Regional Sales Manager, Ritchie Bros. Today we offer customers more options and flexibility than ever before. Containers (2267) Excavator Attachments (2086) Industrial and Construction Supplies (2502) Other (4351 . Industry. , Canada, Bow Island These adjustments in 2021 have been applied retrospectively to all periods presented, as applicable. We define our key operating metrics as follows: Gross transaction value , Canada, Hazenmore 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. We continue to see strong demand for late-model, low-hour equipment and trucks, said Nicolas Agudelo, Regional Sales Manager, Ritchie Bros. Even with tight supply, our Fort Worth event offered a diverse selection of equipment catering to buyers from a variety of industries.. Marketplace-E. How it works . It's fast and free. , MB 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. $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. Inventory management system activations , Canada, Killam , SK Your email address will not be published. , Canada, Evansburg , SK , AB New to our site? may be of interest to you, and that you understand you may unsubscribe at any time. , Canada, Athabasca , MB Select a reason for reporting this job. 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. We're the auction expertsand we've been helping people around the world buy and sell with confidence since 1958. $8.4 million amortization of acquired intangible assets primarily from the acquisitions of Iron Planet, SmartEquip, and Rouse. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Enter your email address to follow this blog and receive notifications of new posts by email. Auction Results: US$71+ million of equipment sold in Fort Worth, TX. You must click the activation link in order to complete your subscription. Sell your equipment. After submitting your request, you will receive an activation email to the requested email address. The June 21 - 23 auction attracted more than 10,000 bidders from the 5,900 . Register to bid online. Adjusted operating income enhances the Company's ability to evaluate and understand ongoing operations, underlying business profitability, and facilitate the allocation of resources. , SK VANCOUVER - Ritchie Bros. Auctioneers Inc. reported its fourth-quarter profit and sales were up compared with a year earlier. , Canada, Balcarres Report Job. , Canada, Benito The June 21 23 auction attracted more than 10,000 bidders from the 5,900+ items consigned, with buyers from Texas purchasing approximately 48% of the equipment. Group. Buy new and used heavy equipment and trucks for sale at our live unreserved public auctions from your home, office or jobsite. Construction Equipment Guide 470 Maryland Drive Fort Washington, PA 19034 800-523-2200 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. , Canada, Zevenbergen Access some of the most up-to-date equipment pricing information available online, Two-year's worth of equipment selling prices, Updated within 24 hours of the end of an auction, Determine the approximate value of specific equipment in today's marketplaces, Research residual value of specific equipment makes and models, Discover where equipment and trucks for specific industries are in demand, Compare selling prices of equipment based on make, model, year or even location. , SK In addition, Canada saw an increased volume of inventory sold mainly in the commercial transportation and construction sectors. $1.5 million of non-recurring advisory, legal and restructuring costs, which include $1.1 million of terminated and ongoing transaction and legal costs relating to mergers and acquisition activity, $0.3 million of severance and retention costs in connection with the restructuring of our information technology team during the first quarter of 2022 driven by our strategy to build a new digital technology platform, and $0.1 million of advisory costs relating to a cybersecurity incident detected in the fourth quarter of 2021. The Registration Statement was declared effective by the SEC on February 10, 2023. *The information collected will be retained in accordance with our privacy statement. 400+ unreserved onsite auctions with online bidding. {0} must be between {1} and {2} characters. , Canada, Las Vegas , SK $8.8 million share based payments expense. We are excited by the anticipated closing of the IAA acquisition and its expected impact to Ritchie Bros. for years to come. , United States, Polotitlan , Canada, Hanley . 78 weekly online auctions. You can sign up for additional alert options at any time. $22.2 million of acquisition-related costs primarily relating to the proposed acquisition of IAA, and the share-based continuing employment costs for the acquisitions of Rouse and SmartEquip. , Canada, Hussar consent to Glacier Farm Media LP, on its own behalf and on behalf of its affiliates, and carrying on Total lots sold 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. Ritchie Bros. Auctions. , Canada, Carievale The increase was also due to higher operating income and a lower effective tax rate, partially offset by $9.7 million primarily relating to higher interest expense from our 2021 Notes and a loss on redemption. {0} can only contain letters, numbers, dash (-) and dot (.). Ive been selling with Ritchie Bros. since 2007 and they always do the best they can to get the most money possible for our equipment.. Construction Equipment Guide 470 Maryland Drive Fort Washington, PA 19034 800-523-2200 , United States, Dunnigan Start selling today. $5.6 million share based payments expense. 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. Account holders can access 24 months of selling prices through Auction Results. Ritchie Bros. to host Fourth Quarter 2022 Results Earnings Conference Call on February 21st, 2023. In 2021, the Company updated the calculation of diluted adjusted EPS attributable to stockholders to add-back certain adjustments that have been applied retrospectively to all periods presented, as applicable (refer to adjusted operating income reconciliation above). US $17,000. , SK Despite a challenging supply, mix, and pricing environment, the Ritchie Bros. team is executing well, and we are confident in our ability to maintain the momentum.". Save my name, email, and website in this browser for the next time I comment. $13.6 million share based payments expense. 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. , SK Adjusted EBITDA increased 21% driven by strong flow through on revenue growth of 22%, despite inflationary pressures on costs and higher costs relating to investments made for our growth initiatives. , SK Auction Results. , Netherlands, Australia who was the first black female police officer,

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