: Inventory return divided by inventory sales revenue. , Canada, Vegreville 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. 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. 2001 Kenworth T800 6x4 T/A Dump Truck . Service revenue in Q1 2022 increased 19% to $244.9 million. , SK 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. *The information collected will be retained in accordance with our privacy statement. For the reasons set forth above, you should not place undue reliance on forward looking statements. Examples of valid formats would be 000-0000 or 0000000. , Canada, Bruno , SK The replay of the webcast will be available through March 21, 2023. Our customers in the energy sector benefitted greatly from selling their construction and transportation assets in Fort Worth, with a massive global audience watching. {0} can only contain letters, numbers, dash (-) and dot (.). 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. This metric excludes GovPlanet transactions. , United States, Wilkie Cookie Preferences. How to bid on this item. Approximately 92% of the equipment in the October 25 28 auction was sold to Canadians, including 61% purchased by Albertans. , SK Start selling today. , MB Adjusted net income attributable to stockholders represents net income attributable to stockholders, excluding the effects of adjusting items. 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 Inventory management system activations
Achieves full year record GTV of $6.0 billion. Cat C-12 Diesel Engine, 2001 US EPA Label, 31980 Engine hrs, Engine Brake, Eaton Fuller FRO-16210C Manual Transmission, 16000 lb Front Axle, 40000 lb Rears, 56000 lb GVWR, Air Ride Cab, Aluminum Wheels, 385/65R22.5 Front Tires, 11R24.5 Rear Tires, Rubber Suspension, 226 in Wheelbase, PTO, 0 ft 203 in Long x 0 ft 62 in High Steel Body, Round Bottom . You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. "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. How to bid on this item. , Canada, Rolling Hills 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. , CA 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 . $6.2 million share based payments expense. 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. 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. (in U.S. dollars $millions, except percentages). , United States, Dunnigan , SK , Canada, Evansburg Approximately 88% of the equipment in the September 20 22 auction was sold to U.S. buyers, including 42% sold to Texans. , SK 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 Bros.' Auction Results. Account holders can access 24 months of selling prices through Auction Results.
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). Consolidated results: Total revenue in Q1 2022 increased 19% to $393.9 million. {0} must be between {1} and {2} characters. Your email address will not be published. consent to Glacier Farm Media LP, on its own behalf and on behalf of its affiliates, and carrying on , MB , Canada, Stony Plain , Canada, Brandon We have encountered a server error. , Canada, James River Bridge $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, North Battleford , Canada, Mossleigh Selling: Montreal, QC, CAN - Fri, Mar 24. The largest of these events took place in Houston, TX, where we sold US$63+ million of equipment online for approximately 700 consignors. , Canada, Western Canada Items were sold for close to 700 consignors, including Fort Worth-based land clearing company Thelin Recycling Co. We got a lot more for our equipment than we expected, said Bill Taylor, Equipment Manager for Thelin Recycling. Our newsletter is the best way to keep up with all current auctions in your area! Read more. , Canada, Outlook You can unsubscribe to any of the investor alerts you are subscribed to by visiting the 'unsubscribe' section below. {0} can only contain letters, numbers, dash (-) and dot (.). In 2018, Ritchie Bros. sold $4.96 billion of used equipment and other assets. All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. $3.8 million share based payments expense. Industry. Selling prices of similar items. , France, Neilburg , Canada, Wakaw Adjusting operating income eliminates the financial impact of adjusting items from operating income, which are significant recurring and non-recurring items that the Company does not consider to be part of its 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". *The information collected will be retained in accordance with our privacy statement. , SK $13.6 million share based payments expense. 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 . 2013 JLG 260 MRT Diesel 4x4 Scisso. $10.3 million of acquisition-related costs related to the acquisitions of Rouse, and SmartEquip and proposed acquisition of Euro Auctions. For more information about Ritchie Bros., visit RitchieBros.com. 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. In 2018, Ritchie Bros. sold $4.96 billion of used equipment and other assets. Auction Results. Adjusted operating income enhances the Company's ability to evaluate and understand ongoing operations, underlying business profitability, and facilitate the allocation of resources. 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 . Password Forgot password? Brexit. , SK $6.6 million amortization of acquired intangible assets primarily from the acquisitions of Iron Planet and Rouse. , Canada, Eatonia Whether you're buying or selling equipment, it pays to have the latest equipment pricing information. ", In addition, Eric Jacobs, CFO of Ritchie Bros. added, "we are pleased with our continued strong financial performance in the fourth quarter. This item will be selling through a Timed Auction. Adjusting items for the year
After submitting your request, you will receive an activation email to the requested email address. Email address. , Canada, Steelman 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. Solid execution from the at-risk team drove a robust 10.4% inventory rate. $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.
