ritchie bros auction results

$1.1 million gain recognized on the sale of a property in Denver, Colorado. , Canada, Eatonia , SK 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. , Canada, Rockhaven 400+ unreserved onsite auctions with online bidding. All items were sold without minimum bids or reserve prices. Other Services selling, general and administrative expenses increased 48% year-over-year to $73.7 million due to the inclusion of SmartEquip, higher costs in RBFS with strong results, as well as investments made for our growth initiatives in Rouse. Ritchie Bros. is the world's largest industrial auctioneer . The unreserved online auction attracted more than 10,800 online bidders . Keyword: Industry: All Industries. We define our key operating metrics as follows: Gross transaction value , Canada, Roblin , SK , Canada, South Vienna , SK Auction Results: US$86+ million of equipment sold in Fort Worth US $17,000. Ritchie Bros. Announces Senior Notes Offering to Partially Fund IAA Merger , United Arab Emirates, Caorso , Canada, Outlook We also had an entire day dedicated to energy-specific equipment.. , SK Equipment highlights in the October Edmonton auction included 140+ truck tractors, 85+ excavators, 60+ skid steers, 60+ dozers, 25+ pipelayers, forestry equipment, and more. , MB , Canada, Reston Plant and Agricultural Machinery | Ritchie Bros. Auctioneers | Ritchie View options. Auction Results: US$63+ million of equipment sold in Houston, TX. . , United States, Arran 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} , Canada, High Prairie Used Heavy Equipment for Sale | Heavy Equipment Auctions | Ritchie Bros About Ritchie Bros. Auctioneers About Ritchie Bros. Careers Media Investors Blog Security Center. Search, register and bid at Ritchie Bros. auctions around the world on your Android mobile devices! , Canada, Western Canada Save my name, email, and website in this browser for the next time I comment. , MB Ritchie Bros. to Acquire IAA and Create a Leading Global Marketplace Bids per lots sold , Canada, Western Canada Inventory return , AB All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. , Canada, Langenburg At Ritchie Bros. Auctioneers, we promise to treat your data with respect and will not share your information with any third party. , Canada, Rolling Hills 2001 Kenworth T800 6x4 T/A Dump Truck . GTV increased 9% when excluding the impact of foreign exchange. , Canada, Teulon You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. 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. Ritchie List - Heavy Equipment, Machinery & Truck Listings $3.0 million of acquisition-related costs related to the acquisition of Rouse. The Company has also adjusted for certain non-recurring advisory, legal and restructuring costs. , SK {0} must be between {1} and {2} characters. Online Auction. Adjusted operating income represents operating income excluding the effects of adjusting items. Ritchie Bros. sold more than 13,300 equipment items, trucks and vehicles at its Premier Global Auction in Orlando, FL, generating more than $244 million in gross transaction value. IronPlanet is the leading marketplace for the buying and selling of used equipment. First sign in or create an account. , Canada, Young Sort by: Type. 2023 AGROTK B7 No Till Drill (Unused) | Ritchie Bros. Auctioneers $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. Upcoming Auctions in Saskatchewan | Farm Auction Guide , SK You can unsubscribe to any of the investor alerts you are subscribed to by visiting the 'unsubscribe' section below. Make: Model: Year: - . Select a reason for reporting this job. This metric excludes GovPlanet transactions. , SK Other Ritchie Bros. Auctioneers offerings. We offer a wide range of unused and used equipment and trucks for sale: First sign in or create an account. , Canada, Hilda How it works Buying Selling . , Canada, Colonsay , MB Construction Equipment Guide 470 Maryland Drive Fort Washington, PA 19034 800-523-2200 The following table reconciles adjusted EBITDA to net income, which is the most directly comparable GAAP measure in, or calculated from, the consolidated financial statements: Adjusted EBITDA is calculated by adding back depreciation and amortization, interest expense, income tax expense, and subtracting interest income from net income, as well as adding back share-based payments expense, acquisition-related costs, loss (gain) on disposition of property, plant and equipment, change in fair value of derivatives, non-recurring advisory, legal and restructuring costs which includes terminated and ongoing transaction costs, and excluding the effects of any non-recurring or unusual adjusting items. , AB Ritchie Bros. reports second quarter 2022 results {0} is an invalid phone number format. $2.9 million of acquisition-related costs related to the acquisition of Rouse. Construction Equipment Guide 470 Maryland Drive Fort Washington, PA 19034 800-523-2200 $8.8 million share based payments expense. Service revenue as a percent of GTV increased 90 bps year-over-year to 17.6%. The Company does not consider this to be a measure of its liquidity, which is its ability to settle only short-term obligations, but rather a measure of how well it funds liquidity. 2023-01-18 Rabu, 18 01 2023. $7.9 million amortization of acquired intangible assets primarily from the acquisitions of Iron Planet, SmartEquip, and Rouse. After submitting your request, you will receive an activation email to the requested email address. $8.2 million amortization of acquired intangible assets primarily from the acquisitions of Iron Planet, SmartEquip, and Rouse. , Canada, Congress : Each bid is completed electronically through our real-time online bidding system. 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. It's fast and free. Auction Results: US$71+ million of equipment sold in Fort Worth, TX Sign Me Up Login. , AB , AB GTV increased 9% year-over-year to $6.0 billion driven by continued strong demand, strong asset pricing and higher lot counts, partially offset by an unfavourable impact of foreign exchange and an unfavorable asset mix. New to our site? Our Main Office. They have the best marketing, reach the most buyers, and will get you the most money for your equipment. 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. Selling prices of similar items. , Canada, Fox Valley Thanks to technology and our hardworking teams, its easier than ever to sell equipment from anywhere, which is a huge benefit for our customers.. Research: Rating Action: Moody's confirms Ritchie Bros.' Ba2 CFR and Your email address will not be published. We're the auction expertsand we've been helping people around the world buy and sell with confidence since 1958. Last week Ritchie Bros. conducted its largest ever December auction in Texas, selling US$86+ million of equipment and trucks for 800+ consignors in three days. 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. A free account gives you access to all the features of rbauction.com: We have encountered a server error. , SK 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. We continue to see strong demand for late-model, low-hour equipment and trucks, said Nicolas Agudelo, Regional Sales Manager, Ritchie Bros. Even with tight supply, our Fort Worth event offered a diverse selection of equipment catering to buyers from a variety of industries.. $0.2 million gain recognized on the disposition of property, plant and equipment. Our newsletter is the best way to keep up with all current auctions in your area! Required fields are marked *. 2020 John Deere 648R (52281852), LOCATED-IN-BUTNER-NC-MD Closing Time: 2023-03-30 04:00:00 PM from Ritchie Bros. Auctioneers Auction Results: 10,000+ items sold for CA$99+ million in Edmonton, AB. , MB Amortization of acquired intangible assets, Loss (gain) on disposition of property, plant and equipment and related costs, Non-recurring advisory, legal and restructuring costs. , Canada, Manor The company's Forward Dividend Ratio is 1.08, with its dividend yield at 1.83%. 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. , Canada, Las Vegas Solid execution from the at-risk team drove a robust 10.4% inventory rate. , SK , SK Burnaby, BC, CA, 1-800-211-XXXX (Click to reveal) consent to Glacier Farm Media LP, on its own behalf and on behalf of its affiliates, and carrying on Add to Watchlist. Auction Results: US$71+ million of equipment sold in Fort Worth, TX. HOUSTON, Feb. 20, 2023 /PRNewswire/ - With its first Houston, TX . Ritchie Bros. Auctioneers , Canada, Hanley : Inventory return divided by inventory sales revenue. See the equipment prices. , CO 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. 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 . It's fast and free. , MB , Canada, Mossleigh Other costs of services increased 91% year-over-year to $10.6 million mainly due to the acquisition of SmartEquip. You can sign up for additional alert options at any time. 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, The Pas Create a free account: it's fast, free and gives you full access to our website features. On an adjusted basis, Ritchie Bros. says it earned 68 cents per diluted share, up from an adjusted profit . 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. Ritchie Bros. Auctioneers Equipment For Sale. February 14 - 16 unreserved auction attracted 14,500+ bidders to compete for 6,500+ items. , Canada, Taylor The following table reconciles adjusted net income attributable to stockholders and diluted adjusted EPS attributable to stockholders to net income attributable to stockholders and diluted EPS attributable to stockholders, which are the most directly comparable GAAP measures in the consolidated financial statements. , SK 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. party promotions, as well as product and/or service information, including that of third parties, that $6.2 million share based payments expense. Assistant Yard Manager Job in Phoenix, AZ at Ritchie Bros Auctioneers Our latest changes to Salvage Sale were designed to improve user experience, as well as grant more exposure to our inventory. 2003 Mack CH613 6x4 T/A Day Cab Truck Tractor | Ritchie Bros. Auctioneers Solid execution from the at-risk team drove a robust 10.9% inventory rate. for more information. 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. Industry. These adjustments in 2021 have been applied retrospectively to all periods presented, as applicable. , MB , ON