IronPlanet is the leading marketplace for the buying and selling of used equipment. Sell your equipment 2 2 (Day {0} of {1}) Sold for {0} on {1} {2} in {3} Selling today {0} in {1} Selling on {0} {1} in {2} , Canada, Debert $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. (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. Email Auctioneer. , Germany, Newnan Adjusted net debt/Adjusted EBITDA is calculated by dividing adjusted net debt by adjusted EBITDA. Adjusted net debt is calculated by subtracting cash and cash equivalents from short and long-term debt. $9.1 million share based payments expense. If you experience any issues with this process, please contact us for further assistance. $2.9 million of acquisition-related costs related to the acquisition of Rouse. First sign in or create an account. This increase in mix was mainly driven by our strategic accounts in the United States. , AB Ritchie Bros. is hosting a conference call to discuss its financial results for the quarter ended September 30, 2022 at 5am Pacific time / 8am Eastern time / 1pm GMT on November 7, 2022. Burnaby, BC, CA, 1-800-211-XXXX (Click to reveal) View options. Our customers in the energy sector benefitted greatly from selling their construction and transportation assets in Fort Worth, with a massive global audience watching. 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. You can filter the results by year, make, model, type and location. The February 20 - 24, 2023 auction attracted 22,600+ people from 80+ countries, with approximately 83% of the equipment selling to U.S. buyers, including 18% purchased by Floridians. , Canada, Manor , Canada, Fox Valley Inventory rate : Each bid is completed electronically through our real-time online bidding system. Adjusted net income attributable to stockholders represents net income attributable to stockholders, excluding the effects of adjusting items. 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. , SK Adjusted EBITDAThe Company believes adjusted EBITDA provides useful information about the growth or decline of its net income when compared between different financial periods. , Canada, Wymark 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). Investors should read the joint proxy statement/prospectus carefully before making any voting or investment decisions. , AB Ritchie Bros. is the world's largest auctioneer of used and unused heavy equipment.We conduct hundreds of public equipment auctions around the world each year for the construction, transportation, agricultural, real estate and other industries.Bidding is open, transparent and fair no minimum bids, and no reserve prices. , Canada, Carievale September 27, 2022. Meter: 2163 Hours. Solid execution from the at-risk team drove a robust 10.4% inventory rate. , MD ended December 31, 2022 were: Adjusting items for the year ended December 31, 2021 were: This news release is not intended to and shall not constitute an offer to buy or sell or the solicitation of an offer to buy or sell any securities, or a solicitation of any vote or approval, nor shall there be any offer, solicitation or sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. 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. The remaining 17% of the equipment . , OH Our Main Office. Cookie Preferences. 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 . : Inventory return divided by inventory sales revenue. IronPlanet is the leading marketplace for the buying and selling of used equipment. Add to Watchlist. 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. Read more. You can sign up for additional alert options at any time. Category: All Categories. 2 to the Initial Registration Statement filed with the SEC and applicable Canadian securities regulatory authorities on February 1, 2023 and February 9, 2023, respectively (together with the Initial Registration Statement, the "Registration Statement"). , Canada, South Vienna Selling prices of similar items. Serial number or VIN: B722121701B. Make: Model: Year: - . New York. We conduct hundreds of public equipment auctions around the world each year for the construction, transportation, agricultural, real estate and other industries. , SK We offer a wide range of unused and used equipment and trucks for sale: $3.8 million share based payments expense. Auction Results: 10,000+ items sold for CA$99+ million in Edmonton, AB October 29, 2022 October 31, 2022. . , Canada, Eston In 2018, Ritchie Bros. sold $4.96 billion of used equipment and other assets. , Canada, Salvador , Canada, The Pas As long as you're connected you can bid. The company, which keeps its books in U.S. dollars, reported a . business through its divisions, to receive emails containing news, updates and promotions, including third , Canada, James River Bridge The Illinois Equipment Distributors (IED) has invited a representative of Ritchie Bros. Auctioneers to speak to its members at the organization's 2023 kick off business meeting March 23. 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 , MN , Canada, Bolton Start selling today. , SK *The information collected will be retained in accordance with our privacy statement. Remember me. , Canada, Wakaw Other Services total revenue increased 28% year-over-year to $198.6 million primarily due to stronger performance and execution in RBFS, the addition of SmartEquip and strong growth in Rouse. Get Shipping Quotes. , Canada, Athabasca $3.4 million of acquisition-related costs related to the proposed acquisition of Euro Auctions and the completed acquisitions of SmartEquip and Rouse. 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. Ritchie Bros. reports fourth quarter 2022 results, https://www.prnewswire.com/news-releases/ritchie-bros-reports-fourth-quarter-2022-results-301752127.html, Total revenue increased 24% year-over-year to $443.9 million, Service revenue increased 11% year-over-year to $272.5 million, Inventory sales revenue increased 50% year-over-year to $171.3 million, Net income increased 48% year-over-year to $45.3 million, Diluted earnings per share increased 48% year-over-year to $0.40 per share, GTV increased 9% year-over-year to $6.0 billion or 12% year-over-year when excluding the impact of foreign exchange, Total revenue increased 22% year-over-year to $1.7 billion, Service revenue increased 14% year-over-year to $1.1 billion, Inventory sales revenue increased 37% year-over-year to $683.2 million, Net income increased 110% year-over-year to $319.8 million, Diluted earnings per share increased 110% year-over-year to $2.86 per share, Diluted adjusted earnings per share increased 24% year-over year to $2.41 per share, Adjusted EBITDA increased 21% year-over-year to $465.2 million. Auction Results: US$63+ million of equipment sold in Houston, TX. Cookie Preferences. This metric excludes GovPlanet transactions. , MB "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 . Important Additional Information and Where to Find It. , United States, Dunnigan VANCOUVER - Ritchie Bros. Auctioneers Inc. reported its fourth-quarter profit and sales were up compared with a year earlier. The foregoing list is not exhaustive of the factors that may affect the Company's forward-looking statements. . Your email address will not be published. $2.3 million of non-recurring advisory, legal and restructuring costs, which include $0.9 million related to severance and retention costs in connection with the restructuring of our information technology team driven by our strategy to build a new digital technology platform, $0.5 million of terminated and ongoing transaction and legal costs relating to mergers and acquisition activity, $0.4 million of SOX remediation costs, and $0.6 million of advisory costs relating to a cybersecurity incident detected in the fourth quarter of 2021. Report Job. , SK , Canada, Brandon $7.9 million amortization of acquired intangible assets primarily from the acquisitions of Iron Planet, SmartEquip, and Rouse. When the auction yard dust settled, Ritchie Bros. sold more than 11,200 items for US$213 million in the massive six-day event. Easy-to-use, self-serve interface, automatic inventory upload. 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. (in U.S. dollars $000's, except share and per share data, and percentages), Loss on redemption of the 2021 Notes and certain related interest expense, Adjusted net income attributable to stockholders, Weighted average number of dilutive shares outstanding, Diluted adjusted earnings per share attributable to Stockholders. $6.2 million share based payments expense. , SK Net income increased 48% year-over-year to $45.3 million as a result of strong growth in operating income, higher interest income from a rise in interest rates and a lower effective tax rate. , MB $0.9 million loss on disposition of property, plant and equipment and related costs includes a $1.3 million non-cash cost in the quarter relating to the adjustment made to recognize the Bolton property sale proceeds at fair value when calculating the $169.0 million gain on the Bolton property in the first quarter of 2022, partially offset by $0.3 million gain on disposition of property, plant and equipment in the quarter. , NV 22,600+ bidders competing for 13,300+ items Last week we sold 13,300+ equipment items, trucks, and vehicles at our Premier Global. /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. 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. , Canada, Abbey Ive been selling with Ritchie Bros. since 2007 and they always do the best they can to get the most money possible for our equipment.. Revenue totalled US$443.9 million for the quarter, up from $359.4 million a year earlier. You must click the activation link in order to complete your subscription. Examples of valid formats would be 000-0000 or 0000000. 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 . , Canada, Stornoway 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. 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. At Ritchie Bros. Auctioneers, we promise to treat your data with respect and will not share your information with any third party. Forward looking statements are made as of the date of this news release and the Company does not undertake any obligation to update the information contained herein unless required by applicable securities legislation. , Canada, Porcupine Plain 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, Evansburg 2023-01-18 Rabu, 18 01 2023. We are excited by the anticipated closing of the IAA acquisition and its expected impact to Ritchie Bros. for years to come. The company sells a range of used and unused commercial assets, including earthmoving equipment, truck . may be of interest to you, and that you understand you may unsubscribe at any time. , Italy, Chilliwack Bids per lots sold , CA Conference call and webcast details are available at the following link:https://investor.ritchiebros.com. $4.5B in gross transactional value: one of the world's largest sellers of used equipment on-site and online. Here are three of the biggest sellers in the auction: Your email address will not be published. First sign in or create an account. Sell your equipment. If you have equipment to consign, please contact us today! , SK The unreserved online auction attracted more than 10,800 online bidders from 63 countries. Access some of the most up-to-date equipment pricing information available online, Two-year's worth of equipment selling prices, Updated within 24 hours of the end of an auction, Determine the approximate value of specific equipment in today's marketplaces, Research residual value of specific equipment makes and models, Discover where equipment and trucks for specific industries are in demand, Compare selling prices of equipment based on make, model, year or even location. Ritchie Bros. Auctions. Service revenue in Q1 2022 increased 19% to $244.9 million. Subcategory: All Subcategories. The remaining 8% was purchased by international buyers from as far away as Egypt, Poland, and Vietnam. This metric calculates the total number of bids received for a lot divided by the total number of lots sold. This metric excludes GovPlanet transactions. Whether you're buying or selling equipment, it pays to have the latest equipment pricing information. , SK From the onset of the pandemic, Ritchie Bros. has invested to create . , SK Thanks to technology and our hardworking teams, its easier than ever to sell equipment from anywhere, which is a huge benefit for our customers.. , SK Inventory sales revenue in Q1 2022 increased 19% to $149.1 million. {0} can only contain letters, numbers, dash (-) and dot (.). $10.3 million of acquisition-related costs related to the acquisitions of Rouse, and SmartEquip and proposed acquisition of Euro Auctions. Documents filed with the SEC and applicable Canadian securities regulatory authorities by Ritchie Bros. (when they are available) will be available free of charge by accessing the website of Ritchie Bros. at investor.ritchiebros.com under the heading Financials/SEC Filings, or, alternatively, by directing a request by telephone or mail to Ritchie Bros. at 9500 Glenlyon Parkway, Burnaby, BC, V5J 0C6, Canada, and documents filed with the SEC by IAA (when they are available) will be available free of charge by accessing IAA's website at investors.iaai.com or by contacting IAA's Investor Relations at investors@iaai.com. Our latest changes to Salvage Sale were designed to improve user experience, as well as grant more exposure to our inventory.
