Get inventory updates. , MB , SK , Canada, Stony Plain 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. , United States, Mont Saint Hilaire , SK Auction Results: US$63+ million of equipment sold in Houston, TX. Adjusting items for the year , Canada, Chehalis 2001 Kenworth T800 6x4 T/A Dump Truck . , Canada, Leask , United States, St Aubin Sur Gaillon 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. GlobalAuctionGuide.com 2001-2023 | Part of the Global Auction Guide Media , Canada, Schuler $0.1 million gain recognized on the disposition of property, plant and equipment. Select a reason for reporting this job. Home > Auction Results. 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. We offer a wide range of unused and used equipment and trucks for sale: If you have equipment to consign, please contact us today! In addition, Canada saw an increased volume of inventory sold mainly in the commercial transportation and construction sectors. , SK Adjusted operating income enhances the Company's ability to evaluate and understand ongoing operations, underlying business profitability, and facilitate the allocation of resources. 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. You can sign up for additional alert options at any time. , Canada, Minitonas , United States, Arran Whether you're buying or selling equipment, it pays to have the latest equipment pricing information. Ritchie Bros. Auctions. , AB Our newsletter is the best way to keep up with all current auctions in your area! , SK Please refer to pages 14-15 for a summary of adjusting items during the trailing 12months ended December 31, 2022 and December 31, 2021. , BC For more information about Ritchie Bros., visit RitchieBros.com. , SK , SK $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. , MB 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. 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 . , AB Ritchie Bros. is hosting a conference call to discuss its financial results for the quarter ended June 30, 2022 at 8am Pacific time . , SK , AB 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 , Canada, Rouleau We believe thesekey operating metricsare useful to investors because management uses these metrics to assess the growth of our business and the effectiveness of our operational strategies. , Canada, Salvador 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. Ritchie Bros. and IAA, certain of their respective directors and executive officers and other members of management and employees, and Jeffrey C. Smith and potentially other Starboard employees, may be deemed to be participants in the solicitation of proxies from the stockholders of Ritchie Bros. and IAA in respect of the proposed IAA transaction under the rules of the SEC. If you have equipment to consign, please contact us today! $8.8 million share based payments expense. , Canada, Middle Lake Account holders can access 24 months of selling prices through Auction Results. , MB Ritchie Bros. is the world's largest auctioneer of used and unused heavy equipment. $0.2 million gain recognized on the disposition of property, plant and equipment. Email Auctioneer. We're the auction expertsand we've been helping people around the world buy and sell with confidence since 1958. Fourth Quarter Financial and Business Metric Highlights1: Full Year Financial and Business Metric Highlights1: 1For information regarding Ritchie Bros. use and definition of this measure, see "Key Operating Metrics" and "Non-GAAP Measures" sections in this press release, (in U.S. dollars $000's, except EPS and percentages), Diluted earnings per share attributable to stockholders, Diluted adjusted earnings per share attributable to stockholders, (in U.S. dollars $000's, except percentages), Ancillary and logistical service expenses, A&M service revenue as a % of total GTV- Rate. 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 . View options. 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 services. , SK $7.9 million amortization of acquired intangible assets primarily from the acquisitions of Iron Planet, SmartEquip, and Rouse. ", In addition, Eric Jacobs, CFO of Ritchie Bros. added, "we are pleased with our continued strong financial performance in the fourth quarter. Report Job. The . Sell your equipment. Read more. Adjusted net income attributable to stockholders represents net income attributable to stockholders, excluding the effects of adjusting items. 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. , Canada, Canora Auction Results. , Canada, Wymark , Spain, Grande Prairie $4.5B in gross transactional value: one of the world's largest sellers of used equipment on-site and online. Subcategory: All Subcategories. View original content:https://www.prnewswire.com/news-releases/ritchie-bros-reports-fourth-quarter-2022-results-301752127.html. Dear SalvageSale customers, Ritchie Bros. Auctioneers' acquisition of IronPlanet has given us the tools and technology to provide customers like you more choices and improved platforms to buy, sell and list equipment online. We publish selling prices from our auct. . 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". A lot is defined as a single asset to be sold, or a group of assets bundled for sale as one unit. , AB $6.8 million amortization of acquired intangible assets primarily from the acquisitions of Iron Planet and Rouse. , Canada, Colgate , CO Auction Results: US$71+ million of equipment sold in Fort Worth, TX. Please refer to pages 14-15 for a summary of adjusting items for the three months ended December 31, 2022 and December 31, 2021. Description: Cummins ISB 6.7 L Diesel 305 hp Engine, 2008 US EPA Label, Automatic Transmission, 225/70R19.5, Spring Suspension, 190 in Wheelbase, DEL 11 ft 5 in Long Body, Manual Roll Tarp LOCATED . , Canada, Rolling Hills , Canada, Meppen From the onset of the pandemic, Ritchie Bros. has invested to create . , Canada, Wakaw 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. This increase in mix was mainly driven by our strategic accounts in the United States. , Canada, Mossleigh
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