If you experience any issues with this process, please contact us for further assistance. Save my name, email, and website in this browser for the next time I comment. , Canada, Evansburg , Mexico, Lake Worth , SK Upcoming Auctions in Saskatchewan | Farm Auction Guide PERMISSION TO CONTACT YOU BY EMAIL By providing your e-mail address, you confirm that you are providing Get Free Auction Results. Bids per lots sold , SK , Canada, Debert Located: Mont-Saint-Hilaire, QC. Ritchie Bros Auctioneers Incorporated : Earnings Document You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. Review our account terms and conditions and privacy statement to learn more about accessing a free account and how we process information. Adjusted net income attributable to stockholders represents net income attributable to stockholders, excluding the effects of adjusting items. Cookie Preferences. Selling: Montreal, QC, CAN - Fri, Mar 24. {0} must be between {1} and {2} characters. Selling: Houston, TX, USA - Thu, Apr 13. 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. , Canada, Schuler Password Forgot password? We offer a wide range of unused and used equipment and trucks for sale: 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. $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. , SK , France, Neilburg View All Ritchie Bros. Auctioneers Videos. The December 13 - 15 Fort Worth auction attracted more than 12,600 registered bidders from 65+ countries, which is new . 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. 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. , MB , SK for more information. 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. , Canada, Carievale Inventory rate $8.2 million amortization of acquired intangible assets primarily from the acquisitions of Iron Planet, SmartEquip, and Rouse. Ritchie Bros. hits US$297+ million in world's largest equipment auction , SK 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. 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. , AB Online Auction. IronPlanet is the leading marketplace for the buying and selling of used equipment. Inventory return , Canada, Rouleau Our customers in the energy sector benefitted greatly from selling their construction and transportation assets in Fort Worth, with a massive global audience watching. , SK Earnings per share attributable to stockholders: Weighted average number of share outstanding: Condensed Consolidated Balance Sheets(in U.S. dollars $000's, except share data)(Unaudited), Common stock; no par value, unlimited shares authorized, issued and, outstanding shares: 110,881,363 (December 31, 2021: 110,618,049), Condensed Consolidated Statements of Cash Flows(in U.S. dollars $000's)(Unaudited). 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, Dunnigan Category: All Categories. , AB 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 , Canada, Calgary , AB How to check equipment & truck auction results on rbauction.com $1.1 million gain recognized on the sale of a property in Denver, Colorado. 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. In addition, Canada saw an increased volume of inventory sold mainly in the commercial transportation and construction sectors. A free account gives you access to all the features of rbauction.com: We have encountered a server error. business through its divisions, to receive emails containing news, updates and promotions, including third : Number of organizations activated on IMS. , Canada, Elm Creek , Canada, Medford 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. Upcoming auctions; Auction results; Search over 93,979 items in inventory. VANCOUVER, BC, Feb. 28, 2023 /PRNewswire/ - Ritchie Bros. Auctioneers Incorporated (NYSE: RBA) (TSX: RBA), ("Ritchie Bros.," the "Company," "we," "us" or "our"), today announced that Ritchie Bros . Through our family of companies, we help our customers buy and sell a wide range of used and unused equipment for construction, mining, transportation, agriculture, oil & gas, lifting & material handling, forestry & other industries. , SK This item will be selling through a Timed Auction. Ritchie Bros. reports second quarter 2022 results 2023-01-18 Rabu, 18 01 2023. 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. Ritchie Bros. - Apps on Google Play A lot is defined as a single asset to be sold, or a group of assets bundled for sale as one unit. , Canada, Rolling Hills 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. Auctioneers: , Canada, Wymark New to our site? Auction Results: US$71+ million of equipment sold in Fort Worth, TX. , SK , SK , AB , Canada, Teulon Start selling today. Ritchie Bros. is so efficient, and they get your equipment in front of hundreds of thousands of potential equipment buyersits hard to beat! VANCOUVER, BC, Aug. 8, 2021 /PRNewswire/ - Ritchie Bros., a leading global asset management, disposition, and services company; and Europe's leading plant and machinery auction house, Euro . 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. $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. , AB Auction Results: US$63+ million of equipment sold in Houston, TX , SK Private Treaty, offering privately negotiated sales; and sector-specific solutions GovPlanet, TruckPlanet, and Ritchie Bros. Energy. , Canada, Eston First sign in or create an account. Solid execution from the at-risk team drove a robust 10.9% inventory rate. Ritchie Bros. Auctions. Account holders can access 24 months of selling prices through Auction Results. 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. , Canada, Meppen Support Contact us Frequently Asked . , AB Assistant Yard Manager Job in Phoenix, AZ at Ritchie Bros Auctioneers Understanding Ritchie Bros. Auctioneers Incorporated (NYSE: RBA)'s . . , SK Sign in to your account | Ritchie Bros. Auctioneers $8.8 million share based payments expense. Select a reason for reporting this job. , Canada, Colgate Last week Ritchie Bros. sold 13,300+ equipment items, trucks, and vehicles at its Premier Global Auction in Orlando, FL, generating US$244+ million in gross transaction value. , MB Ritchie Bros. Auctioneers - Financials - Quarterly Results 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. , Canada, Bruno In 2018, Ritchie Bros. sold $4.96 billion of used equipment and other assets. , Canada, Perris Ritchie Bros. is the world's largest auctioneer of heavy equipment and trucks. A&M service revenue increased 12% year-over-year to $852.0 million with A&M take rate increasing 40 basis points to 14.1% driven by higher buyer fees implemented in early 2022. , Canada, Moosomin , SK , Canada, Milden , Canada, Zevenbergen Amortization of acquired intangible assets, Loss (gain) on disposition of property, plant and equipment and related costs, Non-recurring advisory, legal and restructuring costs. Subcategory: All Subcategories. Auction Results: US$63+ million of equipment sold in Houston, TX. , Canada, Notre Dame De Lourdes $2.9 million of acquisition-related costs related to the acquisition of Rouse. , SK For the reasons set forth above, you should not place undue reliance on forward looking statements. Information about the directors and executive officers of Ritchie Bros. is available in its definitive proxy statement on Schedule 14A for its 2022 Annual Meeting of Shareholders, which was filed with the SEC and applicable Canadian securities regulatory authorities on March 15, 2022, and certain of its Current Reports on Form 8-K. Information about IAA's directors and executive officers is available in IAA's definitive proxy statement on Schedule 14A for its 2022 Annual Meeting of Stockholders, which was filed with the SEC on May 2, 2022, and certain of its Current Reports on Form 8-K. Other information regarding persons who may be deemed participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, including information with respect to Mr. Smith, are contained or will be contained in the joint proxy statement/prospectus and other relevant materials filed or to be filed with the SEC and applicable Canadian securities regulatory authorities regarding the proposed IAA transaction when they become available. /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. About Us | Ritchie Bros. Auctioneers , Canada, Langbank Register to bid online. Required fields are marked *. Filter. , Canada, Wakaw The largest of these events took place in Houston, TX, where we sold US$63+ million of equipment online for approximately 700 consignors. Apply for Financing. Research: Rating Action: Moody's confirms Ritchie Bros.' Ba2 CFR and 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. Please try again. This news release references non-GAAP measures. , Canada, Congress This metric excludes GovPlanet transactions. , Canada, Bow Island In 2018, Ritchie Bros. sold $4.96 billion of used equipment and other assets. , MB Subscribe by clicking on the button below. 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. , Canada, Gilbert Plains Sell your equipment. You can sign up for additional alert options at any time. $3.8 million share based payments expense. , Canada, Stornoway , Canada, James River Bridge , Canada, Manor Serial number or VIN: B722121701B. 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). 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 . 2020 John Deere 648R For Sale (52281852) from Ritchie Bros. Auctioneers 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. , CA , Canada, Glenbush , Canada, Lake Lenore , Canada, Oakbank : A single asset to be sold, or a group of assets bundled for sale as one unit. , Canada, Fox Valley Our Main Office. , Canada, Mossleigh Ritchie Bros. Sells More Than $244MM in Equipment at Auction in Orlando , Canada, Hanley Service revenue as a percent of GTV increased 80 bps year-over-year to 17.4%. 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. Get the latest Auction Results from Ritchie Bros. , MB , SK {0} can only contain letters, numbers, dash (-) and dot (.). , Canada, Grayson Read more. , Canada, Balcarres Consolidated results: Total revenue in Q1 2022 increased 19% to $393.9 million. Other costs of services increased 91% year-over-year to $10.6 million mainly due to the acquisition of SmartEquip. Total number of organizations activated on the Business Inventory Management System increased by 465% year-over-year compared to 2021. The unreserved online auction attracted more than 10,800 online bidders . 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. Cookie Preferences. Inventory sales revenue in Q1 2022 increased 19% to $149.1 million. $9.1 million share based payments expense. *The information collected will be retained in accordance with our privacy statement. (All figures are presented in U.S. dollars), "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. Ritchie Bros. sells US$244+ million of equipment in its 2023 Premier , Canada, Outlook Selling prices of similar items. Easy-to-use, self-serve interface, automatic inventory upload. Bidding is open, transparent and fair no minimum bids, and no reserve prices. , Canada, Grimshaw
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