"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 . ended December 31, 2022 were: Adjusting items for the year ended December 31, 2021 were: This news release is not intended to and shall not constitute an offer to buy or sell or the solicitation of an offer to buy or sell any securities, or a solicitation of any vote or approval, nor shall there be any offer, solicitation or sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. Online Auction. 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 . , TX When you work with Ritchie Bros. everything is first class, said Cortney Laney, Vice President & Chief Operating Officer for MDS Boring & Drilling. , Canada, Grayson , Netherlands, Australia Ritchie Bros. has grown from a small-town auctioneer to a global asset management and disposition company. $6.8 million amortization of acquired intangible assets primarily from the acquisitions of Iron Planet and Rouse. : Each bid is completed electronically through our real-time online bidding system. 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. Inventory management system activations , Canada, Canora 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. . Ritchie Bros. to host Fourth Quarter 2022 Results Earnings Conference Call on February 21st, 2023. About Us | Ritchie Bros. Auctioneers 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 . Email Auctioneer. Used Heavy Equipment for Sale | Heavy Equipment Auctions | Ritchie Bros , SK Adjusted net income attributable to stockholders represents net income attributable to stockholders, excluding the effects of adjusting items. , SK Ritchie Bros. Feb 20, 2023, 07:00 ET. 400+ unreserved onsite auctions with online bidding. Net income increased 110% year-over-year to $319.8 million primarily due to the gain of $169.1 million on property, plant and equipment from the sale of the Bolton property. , Canada, High Prairie Ritchie Hub - Blog $9.7 million loss on redemption of the 2021 Notes and certain related interest expense includes (a) $4.8 million of loss on redemption of the 2021 Notes due to a difference between the reacquisition price of the 2021 Notes and the net carrying amount of the extinguished debt (primarily the write off of the unamortized debt issuance costs), (b) $0.7 million of deferred debt issuance costs written off due to the expiry of the undrawn $205.0 million DDTL Facility in the quarter, and (c) non-recurring interest expense of $4.2 million incurred in the quarter relating to the 2021 Notes, which were redeemed as a result of the discontinued Euro Auctions acquisition in April 2022. Ritchie Bros. to acquire Euro Auctions and expand its reach in EMEA region 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. , United States, Dunnigan , MB To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. , AB Auction Results: 10,000+ items sold for CA$99+ million in Edmonton, AB ", In addition, Eric Jacobs, CFO of Ritchie Bros. added, "we are pleased with our continued strong financial performance in the fourth quarter. , Canada, Vegreville February 27, 2023. Category: All Categories. Ritchie Bros. Auctioneers reports Q4 profit and revenue up from year , SK , Canada, Longmont 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. Selling prices of similar items. Your email address will not be published. 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. 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. For more information about Ritchie Bros., visit RitchieBros.com. 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. 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. You must click the activation link in order to complete your subscription. , MB Register to bid online. , SK Assistant Yard Manager Job in Phoenix, AZ at Ritchie Bros Auctioneers This metric calculates the total number of bids received for a lot divided by the total number of lots sold. Solid execution from the at-risk team drove a robust 10.4% inventory rate. Keyword: Industry: All Industries. Review our account terms and conditions and privacy statement to learn more about accessing a free account and how we process information. 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. 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} Auction Results: CA$65+ million of equipment sold in Edmonton, AB, 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. . Sell your equipment 2 2 (Day {0} of {1}) Sold for {0} on {1} {2} in {3} Selling today {0} in {1} Selling on {0} {1} in {2} , Canada, Vibank 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. 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. First sign in or create an account. consent to Glacier Farm Media LP, on its own behalf and on behalf of its affiliates, and carrying on , Canada, Benito Last week we conducted 24 online auctions across the globe, selling more than 34,000 equipment items over six days. , WA HOUSTON, Feb. 20, 2023 /PRNewswire/ - With its first Houston, TX . When the auction yard dust settled, Ritchie Bros. sold more than 11,200 items for US$213 million in the massive six-day event. , SK , MN $8.8 million share based payments expense. The company's Forward Dividend Ratio is 1.08, with its dividend yield at 1.83%. View options. Please try again. $1.1 million of non-recurring advisory, legal and restructuring costs, which include $0.6 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 driven by our strategy to build a new digital technology platform, and $0.2 million of advisory costs relating to a cybersecurity incident detected in the fourth quarter of 2021. Selling: Houston, TX, USA - Thu, Apr 13. Get the latest Auction Results from Ritchie Bros. 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. The December 13 - 15 Fort Worth auction attracted more than 12,600 registered bidders from 65+ countries, which is new . We also had an entire day dedicated to energy-specific equipment.. If you experience any issues with this process, please contact us for further assistance. $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. , Canada, Porcupine Plain Auctioneers: Three-day auction attracted 12,600+ bidders from 65+ countries. , MB How to check equipment & truck auction results on rbauction.com , AB Ritchie Bros. Presents Auction Data at Next IED Business Meeting You may obtain free copies of these documents from Ritchie Bros. or IAA free of charge using the sources indicated above. 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. , Canada, Eston 2008 Sterling 4500 For Sale (52292390) from Ritchie Bros. Auctioneers Address Norwalk, CT. 06851 USA. This metric excludes GovPlanet transactions. , SK , SK , CA , Canada, Taylor If you have equipment to consign, please contact us today! The company sells a range of used and unused commercial assets, including earthmoving equipment, truck . On an adjusted basis, Ritchie Bros. says it earned 68 cents per diluted share, up from an adjusted profit . At Ritchie Bros. Auctioneers, we promise to treat your data with respect and will not share your information with any third party. Register to bid online. Apply for Financing. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. Auction Results: US$71+ million of equipment sold in Fort Worth, TX. Subcategory: All Subcategories. , Canada, Bow Island About this app. Ritchie Bros. Auctioneers - Ritchie Bros. sells US$244+ million of Whether you're buying or selling equipment, it pays to have the latest equipment pricing information. , Canada, Milden , Canada, Rolling Hills Approximately 88% of the equipment in the September 20 22 auction was sold to U.S. buyers, including 42% sold to Texans. , AB 2007 Sterling ACTERRA For Sale (52280065) from Ritchie Bros , GA Ritchie Bros. Auctioneers Construction Equipment Guide 470 Maryland Drive Fort Washington, PA 19034 800-523-2200 VANCOUVER, BC, Feb. 21, 2023 /CNW/ - Ritchie Bros. Auctioneers Incorporated (NYSE: RBA) (TSX: RBA) (the "Company", "Ritchie Bros.", "we", "us", or "our") reported the following results for the fourth quarter, for the three months ended December 31, 2022. $3.0 million of acquisition-related costs related to the acquisition of Rouse. C I M Charity Auction, USA. The . Other Ritchie Bros. Auctioneers offerings. GTV increased 9% when excluding the impact of foreign exchange. Buy used equipment. How it works Buying Selling . Examples of valid formats would be 000-0000 or 0000000. , AB , Canada, Stockholm , Canada, Colonsay /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. 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. , SK Ritchie Bros. sells 13,300+ items for US$244+ million in its 2023 Premier Global Auction in Orlando, FL (CNW Group/Ritchie Bros.) The February 20 - 24, 2023 auction attracted 22,600+ people from . , Canada, Moosomin 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. Select a reason for reporting this job. 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. , SK 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. *The information collected will be retained in accordance with our privacy statement. 2013 Altec AM900-E100 100 ft on 2014 International 7400 6x6 Bucket Truck, 2015 VOLVO VNL64670 6x4 Truck Tractor (T/A), 2016 GENIE GTH-5519 Telescopic Forklift, 2005 STERLING A9500 6x4 Truck Tractor (T/A), 2015 JOHN DEERE 35G Mini Excavator (1 - 4.9 Tons), 2013 FREIGHTLINER CASCADIA 125 6x4 Truck Tractor (T/A), 1999 GMC W4500 Schwarze on COE Street Sweeper, 2006 VOLVO VNL 6x4 Truck Tractor (T/A), 2009 INTERNATIONAL 8600 SBA 6x4 Truck Tractor (T/A), 2009 FREIGHTLINER CASCADIA 125 6x4 Truck Tractor (T/A), 2014 FREIGHTLINER CASCADIA 113 6x4 Truck Tractor (T/A), 1999 PETERBILT 379 6x4 Truck Tractor (T/A), 2017 FORD TRANSIT T-350 H 4x2 Utility Truck, 2016 FORD TRANSIT T-350HD 4x2 Utility Truck, 2006 STERLING 12x4 Super 18 Dump Truck (Quad/A), 2019 MACK GRANITE Truck Tractor (Tri/A), Unused 2022 AGROTK H12 (Unused) Mini Excavator (1 - 4.9 Tons), 2019 INTERNATIONAL LT625 6x4 Truck Tractor (T/A), 2015 FORD F-550 XLT 4x4 Crew Cab Service Truck, 2014 SKYJACK SJ6826 RT Dual Fuel Scissorlift, 2000 PETERBILT 378 6x4 Truck Tractor (T/A), 2016 PETERBILT 579 8x4 Truck Tractor (Tri/A), 2020 MACK GRANITE 10x4 Dump Truck (Quad/A), 2008 CAT 303.5C CR Mini Excavator (1 - 4.9 Tons), 2006 PETERBILT 379 10x4 Dump Truck (Quad/A), 2006 INTERNATIONAL 7700 Deluxe 12x4 Super 18 Dump Truck (Quad/A), 2008 BOBCAT 337G Mini Excavator (1 - 4.9 Tons), 2017 FREIGHTLINER CASCADIA 125 6x4 Truck Tractor (T/A), 2015 FREIGHTLINER CASCADIA 125 6x4 Truck Tractor (T/A), 2014 KENWORTH T370 4x2 Dump Truck (S/A), 2007 MACK CV713 10x4 Dump Truck (Quad/A), 2018 CAT 289D Two-Speed High Flow XPS Compact Track Loader, 2013 INTERNATIONAL 4400 4x2 Truck Tractor (S/A), 2016 FREIGHTLINER CASCADIA 125 6x4 Truck Tractor (T/A), 1997 PETERBILT 379 6x4 Truck Tractor (T/A), 2019 FREIGHTLINER CASCADIA 126 6x4 Truck Tractor (T/A), 2013 FORD F-350 XLT 4x4 Crew Cab Utility Truck, 2011 FORD F-450 Lariat 4x4 Crew Cab Flatbed Truck, 2015 FORD F-750 XLT 4x2 Rollback Truck, 2019 BOBCAT T650 Two-Speed Compact Track Loader, 2012 BOBCAT S650 Two-Speed Skid Steer Loader, 2015 FREIGHTLINER M2 106 4x2 Bed Truck. Filter. , SK Start selling today. , Canada, Hilbre VANCOUVER - Ritchie Bros. Auctioneers Inc. reported its fourth-quarter profit and sales were up compared with a year earlier. Your email address will not be published. , Canada, Grimshaw , MB Report Job. An organization is considered activated on IMS when a customer has signed an annual multi-channel contract and has an IMS instance setup to allow for equipment to be directed to one of our transaction solutions digitally. , MB Adjusted Net Income Attributable to Stockholders and Diluted Adjusted EPS Attributable to Stockholders ReconciliationThe Company believes that adjusted net income attributable to stockholders provides useful information about the growth or decline of the net income attributable to stockholders for the relevant financial period and eliminates the financial impact of adjusting items the Company does not consider to be part of the normal operating results. You can sign up for additional alert options at any time. Buy new and used heavy equipment and trucks for sale at our live unreserved public auctions from your home, office or jobsite. Required fields are marked *. Group. View All Ritchie Bros. Auctioneers Videos. Ritchie Bros. sells $213 million of equipment in sweeping six-day Sell your equipment. At Ritchie Bros. Auctioneers, we promise to treat your data with respect and will not share your information with any third party. , Canada, Hazenmore Your email address will not be published. We have encountered a server error. Past Heavy Equipment Auctions | Ritchie Bros. Auctioneers Subcategory: All Subcategories. By providing your email address below, you are providing consent to Ritchie Bros. Auctioneers to send you the requested Investor Email Alert updates. Used Heavy Equipment for Sale | Heavy Equipment Auctions | Ritchie Bros View original content:https://www.prnewswire.com/news-releases/ritchie-bros-reports-fourth-quarter-2022-results-301752127.html. $6.2 million share based payments expense. , AB , Canada, Outlook , AB Sign in to your account | Ritchie Bros. Auctioneers 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. , SK Updated within 24 hours of the end of an auction. $13.6 million share based payments expense. This increase in mix was mainly driven by our strategic accounts in the United States. , United States, Polotitlan , Germany, Newnan Low value assets are sometimes bundled into a single lot, collectively referred to as "small value lots". For the reasons set forth above, you should not place undue reliance on forward looking statements. It's fast and free. 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". , AB , Canada, Elm Creek Understanding Ritchie Bros. Auctioneers Incorporated (NYSE: RBA)'s Ritchie Bros. Auctions. These adjustments in 2021 have been applied retrospectively to all periods presented, as applicable. {0} must be between {1} and {2} characters. , MB $8.2 million amortization of acquired intangible assets primarily from the acquisitions of Iron Planet, SmartEquip, and Rouse. . Ritchie Bros. - C I M Charity Auction, USA - Wednesday Jan 18, 2023. , MB 1992 Peterbilt 379 T/A Dump Truck | Ritchie Bros. Auctioneers Cookie Preferences. , SK From the onset of the pandemic, Ritchie Bros. has invested to create . Diluted adjusted EPS attributable to stockholders is calculated by dividing adjusted net income attributable to stockholders, net of the effect of dilutive securities, by the weighted average number of dilutive shares outstanding. Upcoming auctions; Auction results; Search over 93,979 items in inventory. Net income increased 48% year-over-year to $45.3 million as a result of strong growth in operating income, higher interest income from a rise in interest rates and a lower effective tax rate. , 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 , SK Create a free account: it's fast, free and gives you full access to our website features. , SK $14.0 million of acquisition-related costs related to the proposed acquisition of Euro Auctions and the completed acquisitions of SmartEquip and Rouse. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the 'unsubscribe' section below. 2 to the Initial Registration Statement filed with the SEC and applicable Canadian securities regulatory authorities on February 1, 2023 and February 9, 2023, respectively (together with the Initial Registration Statement, the "Registration Statement"). {0} is an invalid phone number format. party promotions, as well as product and/or service information, including that of third parties, that 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. Password Forgot password? Auction results Archives - Ritchie Hub Total revenue increased 24% year-over-year to $443.9 million.
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