, SK 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, Rouleau , MB $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. 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.. {0} must be a valid date of the format YYYY-MM-DD. , MN Bids per lots sold
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". : Inventory sales revenue less cost of inventory sold. Solid execution from the at-risk team drove a robust 10.4% inventory rate. , Canada, Oakbank Cash provided by operating activities was $463.1 million for 2022. 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 . , MB $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. , SK , SK IronPlanet is the leading marketplace for the buying and selling of used equipment. US$244+ million of equipment sold in our 2023 Premier Global Auction in Orlando, FL. Selling: Montreal, QC, CAN - Fri, Mar 24. 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, Medford , AB may be of interest to you, and that you understand you may unsubscribe at any time. Register to bid online. Ritchie Bros. is hosting a conference call to discuss its financial results for the quarter ended June 30, 2022 at 8am Pacific time . 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. Ritchie Bros. is the world's largest auctioneer of heavy equipment and trucks.
, GA First sign in or create an account. Auction Results: US$71+ million of equipment sold in Fort Worth, TX. Our newsletter is the best way to keep up with all current auctions in your area! , SK , SK , Canada, Notre Dame De Lourdes Approximately 92% of the equipment in the October 25 28 auction was sold to Canadians, including 61% purchased by Albertans. Located: Mont-Saint-Hilaire, QC. Add to Watchlist. Register to bid online. , Canada, Elm Creek 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.". Examples of valid formats would be 000-0000 or 0000000. Approximately 88% of the equipment in the September 20 22 auction was sold to U.S. buyers, including 42% sold to Texans. 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. Please try again. , AB , SK , Canada, Manitoba , Canada, Longmont Ritchie Bros. is so efficient, and they get your equipment in front of hundreds of thousands of potential equipment buyersits hard to beat! These adjustments in 2021 have been applied retrospectively to all periods presented, as applicable. , AB Last week we conducted 24 online auctions across the globe, selling more than 34,000 equipment items over six days. *The information collected will be retained in accordance with our privacy statement. Our customers in the energy sector benefitted greatly from selling their construction and transportation assets in Fort Worth, with a massive global audience watching. Auction Results. $6.8 million amortization of acquired intangible assets primarily from the acquisitions of Iron Planet and Rouse. 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. 2023-01-18 Rabu, 18 01 2023. , SK Forward-looking statements are statements that are not historical facts and are generally, although not always, identified by words such as "expect", "plan", "anticipate", "project", "target", "potential", "schedule", "forecast", "budget", "estimate", "intend", or "believe" and similar expressions or their negative connotations, or statements that events or conditions "will", "would", "may", "could", "should", or "might" occur. business through its divisions, to receive emails containing news, updates and promotions, including third Adjusted EBITDAThe Company believes adjusted EBITDA provides useful information about the growth or decline of its net income when compared between different financial periods. , Canada, Wadena Keyword: Industry: All Industries. , SK 2013 JLG 260 MRT Diesel 4x4 Scisso. , SK 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, Somerset , SK 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. First sign in or create an account. The foregoing list is not exhaustive of the factors that may affect the Company's forward-looking statements. Selling: Houston, TX, USA - Thu, Apr 13. , Canada, Rolling Hills A free account gives you access to all the features of rbauction.com: We have encountered a server error. {0} is an invalid phone number format. , Canada, Wymark , MB party promotions, as well as product and/or service information, including that of third parties, that , SK All items were sold without minimum bids or reserve prices. Apply for Financing. Thanks to technology and our hardworking teams, its easier than ever to sell equipment from anywhere, which is a huge benefit for our customers.. 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. $6.6 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. In 2018, Ritchie Bros. sold $4.96 billion of used equipment and other assets. : A single asset to be sold, or a group of assets bundled for sale as one unit. /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. Support Contact us Frequently Asked . Second Quarter 2022 Earnings Conference Call. $1.1 million gain recognized on the sale of a property in Denver, Colorado. Auction Results: 10,000+ items sold for CA$99+ million in Edmonton, AB October 29, 2022 October 31, 2022. . $2.0 million of acquisition-related costs primarily relating to the share-based continuing employment costs for the acquisitions of Rouse and SmartEquip. You may obtain free copies of these documents from Ritchie Bros. or IAA free of charge using the sources indicated above. All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. The June 21 - 23 auction attracted more than 10,000 bidders from the 5,900 . 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. 2001 Kenworth T800 6x4 T/A Dump Truck . $8.2 million amortization of acquired intangible assets primarily from the acquisitions of Iron Planet, SmartEquip, and Rouse. , Canada, Steelman The Company has also adjusted for certain non-recurring advisory, legal and restructuring costs. , Canada, Tangent 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. 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. Your email address will not be published. $13.6 million share based payments expense. The replay of the webcast will be available through March 21, 2023. Important Additional Information and Where to Find It. , Canada, Zevenbergen $14.0 million of acquisition-related costs related to the proposed acquisition of Euro Auctions and the completed acquisitions of SmartEquip and Rouse. , United States, Mont Saint Hilaire /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. When the auction yard dust settled, Ritchie Bros. sold more than 11,200 items for US$213 million in the massive six-day event. Auction Results. Amortization of acquired intangible assets, Loss (gain) on disposition of property, plant and equipment and related costs, Non-recurring advisory, legal and restructuring costs. The largest of these events took place in Houston, TX, where we sold US$63+ million of equipment online for approximately 700 consignors. Auctioneers: This item will be selling through a Timed Auction. , Canada, Salvador Inventory sales revenue increased 50% year-over-year to $171.3 million primarily due to a higher mix of GTV contracted via inventory deals. We also had an entire day dedicated to energy-specific equipment.. {0} must be must be greater than 2 characters or be entered as "GD". , AB Buy used equipment. , AB , SK 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. Forward-looking statements necessarily involve assumptions, risks and uncertainties, certain of which are beyond the Company's control, including the duration and impact of the COVID-19 pandemic on the Company's operations, the operations of customers, and general economic conditions, including inflation, rising interest rates and foreign exchange rate fluctuation; the numerous factors that influence the supply of and demand for used equipment; economic and other conditions in local, regional and global sectors; the risk that a condition to closing of the Company's pending acquisition of IAA may not be satisfied (or waived), that either party may terminate the merger agreement or that the closing of the proposed IAA transaction might be delayed or not occur at all; the Company's ability to successfully integrate acquired companies including IAA, and to receive the anticipated benefits of such acquisitions; the significant costs associated with the pending IAA transaction; potential business disruption following the public announcement or consummation of the proposed IAA transaction; and the risks and uncertainties set forth in the Company's Annual Report on Form 10-K for the year ended December 31, 2022 and our subsequent quarterly reports on Form 10-Q, which are available on the SEC, SEDAR, and Company websites. Sell your equipment. Service revenue as a percent of GTV increased 90 bps year-over-year to 17.6%. The remaining 17% of the equipment . {0} can only contain letters and numbers. 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. See the equipment prices. This metric calculates the total number of bids received for a lot divided by the total number of lots sold. $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. $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. 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 At Ritchie Bros. Auctioneers, we promise to treat your data with respect and will not share your information with any third party. , NS Keyword: Industry: All Industries. New to our site? 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. Password Forgot password? 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. , Canada, Schuler 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. , Canada, Perris Email address. , Canada, South Vienna Upcoming auctions; Auction results; Search over 87,427 items in inventory. You can filter the results by year, make, model, type and location. $8.4 million amortization of acquired intangible assets primarily from the acquisitions of Iron Planet, SmartEquip, and Rouse. , MB Equipment highlights included 330+ truck tractors, 120+ excavators, 40+ dozers, 20+ cranes, as well as directional drilling equipment, hundreds of trailers, and more. 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. 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. This metric excludes GovPlanet transactions. Adjusted EBITDA increased 24% driven by high flow through revenue growth of 24%. We publish selling prices from our auct. 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. {0} must be between {1} and {2} characters. , Canada, Balcarres The Registration Statement includes a joint proxy statement/prospectus which will be sent to the shareholders of Ritchie Bros. and stockholders of IAA seeking their approval of their respective transaction-related proposals. Investors and security holders may obtain copies of these documents (when they are available) free of charge through the website maintained by the SEC at www.sec.gov, SEDAR at www.sedar.com or from Ritchie Bros. at its website, investor.ritchiebros.com, or from IAA at its website, investors.iaai.com. $9.6 million of acquisition-related costs related to the proposed acquisition of Euro Auctions and the completed acquisitions of SmartEquip and Rouse. Containers (2267) Excavator Attachments (2086) Industrial and Construction Supplies (2502) Other (4351 . This metric excludes GovPlanet transactions. $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. , Canada, Gilbert Plains , SK To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. , Canada, Congress It's fast and free. We're the auction expertsand we've been helping people around the world buy and sell with confidence since 1958. Low value assets are sometimes bundled into a single lot, collectively referred to as "small value lots". , CA , Spain, Grande Prairie , Canada, Moosomin Auction Results: US$71+ million of equipment sold in Fort Worth, TX. 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. Start selling today. , AB 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 . Burnaby, BC, CA, 1-800-211-XXXX (Click to reveal) Ritchie Bros. - Tipton, CA, USA - Kamis, 22 12 2022. . IronPlanet, Asset Appraisal Services, TruckPlanet, GovPlanet, Ritchie Bros. Energy, IronClad Assurance and Auctions you can trust are service marks of IronPlanet, Inc. All other marks and brands are the property of their respective owners. As long as you're connected you can bid. 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. Required fields are marked *.
Adjusted net debt is calculated by subtracting cash and cash equivalents from short and long-term debt. Your email address will not be published. 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.