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Containers (2267) Excavator Attachments (2086) Industrial and Construction Supplies (2502) Other (4351 . , SK , Canada, Oakbank , AB Service revenue as a percent of GTV increased 90 bps year-over-year to 17.6%. 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"). $4.5B in gross transactional value: one of the world's largest sellers of used equipment on-site and online. 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. , 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. Required fields are marked *. Add to Watchlist. , Italy, Chilliwack Sell your equipment. 2022 Agrotk B7 54 in 3-Point No Till Drill (Unused) | Ritchie Bros For more information about Ritchie Bros., visit RitchieBros.com. , MB , Canada, Teulon We have encountered a server error. We are excited by the anticipated closing of the IAA acquisition and its expected impact to Ritchie Bros. for years to come. Get Shipping Quotes. Your email address will not be published. $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. $6.8 million amortization of acquired intangible assets primarily from the acquisitions of Iron Planet and Rouse. Meter: 2163 Hours. On August 3, 2022, the Company declared a quarterly cash dividend of $0.27 per common share, payable on September 14, 2022 to shareholders of record on August 24, 2022. Auction Results: US$71+ million of equipment sold in Fort Worth, TX. Ritchie Bros. auction in Houston hits US$61+ million 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. Our Main Office. , SK Ritchie Bros. reports second quarter 2021 results - PR Newswire Auction Results: 10,000+ items sold for CA$99+ million in Edmonton, AB October 29, 2022 October 31, 2022. . , Canada, Zevenbergen , MB Construction Equipment Guide 470 Maryland Drive Fort Washington, PA 19034 800-523-2200 , SK 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. Ritchie Hub - Blog 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 . {0} must be between {1} and {2} characters. , SK 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 Please refer to pages 14-15 for a summary of adjusting items during the three months ended December 31, 2022 and December 31, 2021. Address Norwalk, CT. 06851 USA. Home > Auction Results. 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. Other Services total revenue increased 11% year-over-year to $50.5 million primarily due to the inclusion of SmartEquip, stronger performance and execution in RBFS, and growth in Rouse. Adjusted Net Debt and Adjusted Net Debt/Adjusted EBITDA ReconciliationThe Company believes that comparing adjusted net debt/adjusted EBITDA on a trailing 12month basis for different financial periods provides useful information about the performance of its operations as an indicator of the amount of time it would take to settle both the Company's short and long-term debt. , Canada, Wadena 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. 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. , AB 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, Mont Saint Hilaire $2.9 million of acquisition-related costs related to the acquisition of Rouse. Review our account terms and conditions and privacy statement to learn more about accessing a free account and how we process information. , Canada, Leoville Ritchie Bros. Auctioneers NYSE:RBA Stock Report - Simply Wall St Marketplace-E. How it works . , AB , SK , SK , Canada, Gilbert Plains 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. , Canada, Grimshaw , United States, Arran Inventory management system activations A sea of equipment stretched over the 220-acre Ritchie Bros. auction site in Orlando, FL last week as the company hosted its largest auction ever--13,350+ items sold for US$297+ million (CNW Group . Ritchie Bros. sells $213 million of equipment in sweeping six-day , SK {0} must be a valid date of the format YYYY-MM-DD. , BC 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. In addition, Canada saw an increased volume of inventory sold mainly in the commercial transportation and construction sectors. 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. (in U.S. dollars $millions, except percentages). $6.6 million amortization of acquired intangible assets primarily from the acquisitions of Iron Planet and Rouse. , Canada, High Prairie , SK , MB GlobalAuctionGuide.com 2001-2023 | Part of the Global Auction Guide Media "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. We're the auction expertsand we've been helping people around the world buy and sell with confidence since 1958. Cash provided by operating activities was $463.1 million for 2022. How to check equipment & truck auction results on rbauction.com $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.

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