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). At Ritchie Bros. Auctioneers, we promise to treat your data with respect and will not share your information with any third party. , Canada, The Pas , MB Auctioneers: Subcategory: All Subcategories. , SK GTV increased 12% when excluding the impact of foreign exchange. 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. , Canada, Rockhaven , SK Required fields are marked *. , Canada, Glenbush , AB $5.6 million share based payments expense. The company sells a range of used and unused commercial assets, including earthmoving equipment, truck . 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. About Ritchie Bros. Auctioneers About Ritchie Bros. Careers Media Investors Blog Security Center. VANCOUVER, BC, Feb. 21, 2023 /CNW/ - Ritchie Bros. Auctioneers Incorporated (NYSE: RBA) (TSX: RBA) (the "Company", "Ritchie Bros.", "we", "us", or "our") reported the following results for the fourth quarter, for the three months ended December 31, 2022. 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. $3.4 million of acquisition-related costs related to the proposed acquisition of Euro Auctions and the completed acquisitions of SmartEquip and Rouse. 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. IronPlanet - Auction Results IronPlanet is the leading marketplace for the buying and selling of used equipment. Auction Results: 10,000+ items sold for CA$99+ million in Edmonton, AB Auctions. , Canada, Hilda Please try again. Selling: Houston, TX, USA - Thu, Apr 13. GTV increased 6% year-over-year to $1.5 billion driven by a rebound in lot volumes offset by weaker mix adjusted prices, unfavourable impact of foreign exchange and unfavorable asset mix. FULL OPERATIONS NOT TESTED 17844, 17841, 17839 SOLD WITH 17840 17840: Model ME130/6 - 17.4 HP 460 Volts Pump Model AFP (K) 2046.5 - ME130/6 FM 17844: Model ME200/6 - 26.8 HP 460 Volt.See More Details. , SK All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Industry. , SK Online Auction. , SK , AB , AB 2023-01-18 Wednesday Jan 18, 2023. . This metric excludes GovPlanet transactions. , SK {0} must be between {1} and {2} characters. The presentation of this financial information, which is not prepared under any comprehensive set of accounting rules or principles, is not intended to be considered in isolation of, or as a substitute for, the financial information prepared and presented in accordance with US GAAP. 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 . Construction Equipment Guide 470 Maryland Drive Fort Washington, PA 19034 800-523-2200 Account holders can access 24 months of selling prices through Auction Results. (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. , Canada, Canora Ritchie Bros. - C I M Charity Auction, USA - Wednesday Jan 18, 2023. Sell your equipment. , AB Cash provided by operating activities was $463.1 million for 2022. , Canada, Hazenmore Adjusted EBITDAThe Company believes adjusted EBITDA provides useful information about the growth or decline of its net income when compared between different financial periods. , TX Inventory sales revenue in Q1 2022 increased 19% to $149.1 million. Ritchie Bros. is hosting a conference call to discuss its financial results for the quarter ended June 30, 2021 at 8am Pacific time / 11 am Eastern time / 4pm GMT on August 6, 2021. , AB , GA To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. Ritchie Bros. to Acquire IAA and Create a Leading Global Marketplace 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 . Copyright 1999-2023 IronPlanet, Inc. All Rights Reserved. Selling: Montreal, QC, CAN - Fri, Mar 24. $6.8 million amortization of acquired intangible assets primarily from the acquisitions of Iron Planet and Rouse. For the reasons set forth above, you should not place undue reliance on forward looking statements. , Canada, Notre Dame De Lourdes , Canada, Reston It's fast and free. The remaining 17% of the equipment . VANCOUVER - Ritchie Bros. Auctioneers Inc. reported its fourth-quarter profit and sales were up compared with a year earlier. 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. , AB Other Ritchie Bros. Auctioneers offerings. , Canada, Hanley , Canada, Rolling Hills Sort by: Type. Fourth Quarter Financial and Business Metric Highlights1: Gross transaction value ("GTV") 1 increased 6% year-over-year to $1.5 billion or 9% year-over-year when excluding the impact of foreign exchange. In 2018, Ritchie Bros. sold $4.96 billion of used equipment and other assets. , Canada, Watrous The June 21 - 23 auction attracted more than 10,000 bidders from the 5,900 . Past Heavy Equipment Auctions | Ritchie Bros. Auctioneers If you experience any issues with this process, please contact us for further assistance. This metric calculates the total number of bids received for a lot divided by the total number of lots sold. How to bid on this item. Auction results Archives - Ritchie Hub , United States, Dunnigan The company, which keeps its books in U.S. dollars, reported a . By providing your email address below, you are providing consent to Ritchie Bros. Auctioneers to send you the requested Investor Email Alert updates.
Forward-looking statements are statements that are not historical facts and are generally, although not always, identified by words such as "expect", "plan", "anticipate", "project", "target", "potential", "schedule", "forecast", "budget", "estimate", "intend", or "believe" and similar expressions or their negative connotations, or statements that events or conditions "will", "would", "may", "could", "should", or "might" occur. 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. $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. It's fast and free. Apr 11, 2023 Ritchie Bros. Auctioneers - Farm Auction Middle Lake , SK Apr 8 (9 AM) - Apr 11 (9 AM) Unreserved Online Timed Equipment Consignment Auction, Saskatchewan 23DK Apr 11, 2023 Team Sekura Auctions - Farm Auction , SK Ritchie Bros. auction in Houston hits US$61+ million