, SK Your email address will not be published. Ritchie Bros. Auctions. , Canada, The Pas Start selling today. , SK Important Additional Information and Where to Find It. The . The remaining 12% was sold to international buyers from as far away as Australia, Finland, Israel, and Malaysia. The following table reconciles adjusted net debt to debt, adjusted EBITDA to net income, and adjusted net debt/ adjusted EBITDA to debt/ net income, respectively, which are the most directly comparable GAAP measures in, or calculated from, its consolidated financial statements. ", In addition, Eric Jacobs, CFO of Ritchie Bros. added, "we are pleased with our continued strong financial performance in the fourth quarter. , MB It's fast and free. , AB , CA Consolidated results: Total revenue in Q1 2022 increased 19% to $393.9 million. , Canada, Hazenmore , United States, St Aubin Sur Gaillon , Canada, Outlook $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. The replay of the webcast will be available through March 21, 2023. $10.3 million of acquisition-related costs related to the acquisitions of Rouse, and SmartEquip and proposed acquisition of Euro Auctions. The presentation of this financial information, which is not prepared under any comprehensive set of accounting rules or principles, is not intended to be considered in isolation of, or as a substitute for, the financial information prepared and presented in accordance with US GAAP. This item will be selling through a Timed Auction. 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. : Inventory sales revenue less cost of inventory sold. , AB {0} must be must be greater than 2 characters or be entered as "GD". , AB Ritchie Bros. is the world's largest auctioneer of used and unused heavy equipment. , Canada, Glenbush , SK Ritchie Bros. - C I M Charity Auction, USA - Rabu, 18 01 2023. 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.. The following table reconciles adjusted operating income to operating income, which is the most directly comparable GAAP measure in the consolidated financial statements. , United States, Polotitlan Solid execution from the at-risk team drove a robust 10.4% inventory rate. $8.2 million amortization of acquired intangible assets primarily from the acquisitions of Iron Planet, SmartEquip, and Rouse. $6.6 million amortization of acquired intangible assets primarily from the acquisitions of Iron Planet and Rouse. , Canada, Edgeley Brexit. , Mexico, Lake Worth Ritchie Bros. is the world's largest industrial auctioneer . Located: Mont-Saint-Hilaire, QC. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the 'unsubscribe' section below. 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). Measures of liquidity are noted under "Liquidity and Capital Resources". At Ritchie Bros. Auctioneers, we promise to treat your data with respect and will not share your information with any third party. Report Job. , Canada, Shamrock "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. , AB Bidding is open, transparent and fair no minimum bids, and no reserve prices. The June 21 - 23 auction attracted more than 10,000 bidders from the 5,900 . The auction was held from Feb. 20 to Feb. 24 and attracted more than 22,600 people from more than 80 countries, with approximately 83% of the equipment selling to U.S. buyers, including 18% purchased by Floridians. Buy new and used heavy equipment and trucks for sale at our live unreserved public auctions from your home, office or jobsite. 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. , SK This metric excludes GovPlanet transactions. Support Contact us Frequently Asked . , SK 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. Your email address will not be published. Auctioneers: 2013 JLG 260 MRT Diesel 4x4 Scisso. Ritchie Bros. - Tipton, CA, USA - Kamis, 22 12 2022. . , Canada, Minitonas Sell your equipment 3 3 (Day {0} of {1}) Sold for {0} on {1} {2} in {3} Selling today {0} in {1} Selling on {0} {1} in {2} GlobalAuctionGuide.com 2001-2023 | Part of the Global Auction Guide Media {0} must be between {1} and {2} characters. 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.". , AB Upcoming auctions; Auction results; Search over 93,979 items in inventory. , Canada, Meppen , AB Home > Auction Results. At Ritchie Bros. Auctioneers, we promise to treat your data with respect and will not share your information with any third party. Other Services selling, general and administrative expenses increased 29% year-over-year to $20.3 million due to higher labor costs from investments made for our growth initiatives in RBFS and Rouse, and the inclusion of SmartEquip. {0} can only contain letters and numbers. Equipment highlights in the October Edmonton auction included 140+ truck tractors, 85+ excavators, 60+ skid steers, 60+ dozers, 25+ pipelayers, forestry equipment, and more. Ritchie Bros. is hosting a conference call to discuss its financial results for the quarter ended September 30, 2022 at 5am Pacific time / 8am Eastern time / 1pm GMT on November 7, 2022. View original content:https://www.prnewswire.com/news-releases/ritchie-bros-reports-fourth-quarter-2022-results-301752127.html. , SK , United States, North East Total revenue increased 24% year-over-year to $443.9 million. How to bid on this item. . If you have equipment to consign, please contact us today! , Canada, Benito , Canada, Hilda 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. $3.0 million of acquisition-related costs related to the acquisition of Rouse. Through our broad global buyer base of registered users, we continue to do what we've done for over a decade: deliver fair market value for equipment. , SK Private Treaty, offering privately negotiated sales; and sector-specific solutions GovPlanet, TruckPlanet, and Ritchie Bros. Energy. , SK They have the best marketing, reach the most buyers, and will get you the most money for your equipment. Read more. We offer a wide range of unused and used equipment and trucks for sale: , Canada, Rolling Hills , SK , Canada, Stump Lake 1 and Amendment No. 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. , AB , Canada, North Battleford B723010601B. , Canada, Killam Adjusted Operating Income ReconciliationThe Company believes that adjusted operating income provides useful information about the growth or decline of its operating income for the relevant financial period and eliminates the financial impact of adjusting items the Company does not consider to be part of its normal operating results. , Canada, Steelman *The information collected will be retained in accordance with our privacy statement. , Canada, Hussar 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). $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. We define our key operating metrics as follows: Gross transaction value 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. : Number of organizations activated on IMS. 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. First sign in or create an account. At Ritchie Bros. Auctioneers, we promise to treat your data with respect and will not share your information with any third party. Auction Results: US$71+ million of equipment sold in Fort Worth, TX. , SK Account holders can access 24 months of selling prices through Auction Results. Save my name, email, and website in this browser for the next time I comment. PERMISSION TO CONTACT YOU BY EMAIL By providing your e-mail address, you confirm that you are providing Auction Results: 10,000+ items sold for CA$99+ million in Edmonton, AB October 29, 2022 October 31, 2022. . , SK , SK , SK Burnaby, BC, CA, 1-800-211-XXXX (Click to reveal) Remember me. $6.2 million share based payments expense. Diluted adjusted EPS attributable to stockholders eliminates the financial impact of adjusting items from net income attributable to stockholders that the Company does not consider to be part of the 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". Adjusted EBITDA increased 24% driven by high flow through revenue growth of 24%. , AB The largest of these events took place in Houston, TX, where we sold US$63+ million of equipment online for approximately 700 consignors. , Australia, Yorkton , SK , SK business through its divisions, to receive emails containing news, updates and promotions, including third 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. Revenue totalled US$443.9 million for the quarter, up from $359.4 million a year earlier. 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 . Group. Upcoming auctions; Auction results; Search over 87,427 items in inventory. , Canada, Radville 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. About Ritchie Bros. Auctioneers About Ritchie Bros. Careers Media Investors Blog Security Center. : Represents total proceeds from all items sold at the Company's auctions and online marketplaces. Serial number or VIN: B722121701B. , AB Inventory return increased 56% year-over-year to $17.8 million due to higher volume of inventory deals, driven primarily by the rental sector within our strategic accounts in the United States. The December 13 - 15 Fort Worth auction attracted more than 12,600 registered bidders from 65+ countries, which is new . The foregoing list is not exhaustive of the factors that may affect the Company's forward-looking statements. , Canada, Western Canada The company sells a range of used and unused commercial assets, including earthmoving equipment, truck . , Canada, Watrous , SK , SK Make: Model: Year: - . , AB Please see contact us , AB A lot is defined as a single asset to be sold, or a group of assets bundled for sale as one unit. The Company uses adjusted EBITDA as a key performance measure because the Company believes it facilitates operating performance comparisons from period to period and provides management with the ability to monitor its controllable incremental revenues and costs. Inventory sales revenue in Q1 2022 increased 19% to $149.1 million. Selling prices of similar items. By providing your email address below, you are providing consent to Ritchie Bros. Auctioneers to send you the requested Investor Email Alert updates. September 27, 2022. 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. $2.9 million of acquisition-related costs related to the acquisition of Rouse. , Canada, Manor 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. $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. Ritchie Bros. Auctioneers Equipment For Sale. , MB , SK *The information collected will be retained in accordance with our privacy statement. , Italy, Chilliwack Get Shipping Quotes. Adjusted operating income enhances the Company's ability to evaluate and understand ongoing operations, underlying business profitability, and facilitate the allocation of resources. Examples of valid formats would be 000-0000 or 0000000. 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. Ritchie Bros. Auctioneers Buy used equipment. Copyright 1999-2023 IronPlanet, Inc. All Rights Reserved. {0} must be a valid date of the format YYYY-MM-DD. We will work with you to determine the best way to sell your equipment and market it to our millions of buyers. , Canada, Tangent 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. Ritchie Bros. is hosting a conference call to discuss its financial results for the quarter ended June 30, 2022 at 8am Pacific time . , SK

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