ritchie bros auction results

Industry. Please refer to pages 14-15 for a summary of adjusting items during the three months ended December 31, 2022 and December 31, 2021. , AB , MB , Canada, High Prairie 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} business through its divisions, to receive emails containing news, updates and promotions, including third , United Arab Emirates, Caorso , SK , Canada, Milden 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. Sell your equipment. , Canada, Vibank , Canada, Debert The . Upcoming auctions; Auction results; Search over 93,979 items in inventory. , Canada, Watrous All items were sold without minimum bids or reserve prices. The remaining 8% was purchased by international buyers from as far away as Egypt, Poland, and Vietnam. Service revenue increased 14% year-over-year driven by higher buyer fees implemented in early 2022 and revenue growth from our Other Services. , Canada, The Pas Conference call and webcast details are available at the following link:https://investor.ritchiebros.com. Here are three of the biggest sellers in the auction: Your email address will not be published. , CO At Ritchie Bros. Auctioneers, we promise to treat your data with respect and will not share your information with any third party. In connection with the proposed IAA transaction, Ritchie Bros. filed with the SEC and applicable Canadian securities regulatory authorities a registration statement on Form S-4 to register the common shares of Ritchie Bros. to be issued in connection with the proposed IAA transaction on December 14, 2022 (the "Initial Registration Statement"), as amended by Amendment No. , Canada, Bolton We sold more than 450 items in last weeks Houston auction and were extremely happy with the results. Select a reason for reporting this job. GTV is not a measure of financial performance, liquidity, or revenue, and is not presented in the Company's consolidated financial statements. The company's Forward Dividend Ratio is 1.08, with its dividend yield at 1.83%. $2.6 million of non-recurring advisory, legal and restructuring costs, which include $1.4 million of terminated and ongoing transaction and legal costs relating to mergers and acquisition activity, $0.7 million of SOX remediation costs relating to efforts to remediate the material weaknesses identified in 2020, and $0.5 million of advisory costs relating to a cybersecurity incident detected in the fourth quarter of 2021. You may obtain free copies of these documents from Ritchie Bros. or IAA free of charge using the sources indicated above. First sign in or create an account. 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 . New York. We offer a wide range of unused and used equipment and trucks for sale: $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. , MB Despite a challenging supply, mix, and pricing environment, the Ritchie Bros. team is executing well, and we are confident in our ability to maintain the momentum.". 2013 JLG 260 MRT Diesel 4x4 Scisso. 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. Burnaby, BC, CA, 1-800-211-XXXX (Click to reveal) Day Three was our first dedicated Energy Day in Fort Worth, said Mike Brzezinski, Regional Sales Manager and leader of the Ritchie Bros. Energy team. Subscribe by clicking on the button below. Please refer to pages 14-15 for a summary of adjusting items for the three months ended December 31, 2022 and December 31, 2021. Get Free Auction Results. Auction Results: CA$65+ million of equipment sold in Edmonton, AB, 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. , Canada, Canora , MB , AB , SK Nisku 1-800-211-3983, View Website Ritchie Bros. Feb 20, 2023, 07:00 ET. 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. , Canada, Athabasca 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 . , Canada, Colonsay , SK , Canada, Taylor Marketplace-E. How it works . Support Contact us Frequently Asked . Inventory return increased 46% year-over-year to $74.7 million due to higher volume of inventory deals sourced, including from our strategic accounts in the United States primarily in the finance and rental sectors. 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. , Canada, Stockholm , Canada, Shamrock Keyword: Industry: All Industries. $1.5 million of non-recurring advisory, legal and restructuring costs, which include $1.1 million of terminated and ongoing transaction and legal costs relating to mergers and acquisition activity, $0.3 million of severance and retention costs in connection with the restructuring of our information technology team during the first quarter of 2022 driven by our strategy to build a new digital technology platform, and $0.1 million of advisory costs relating to a cybersecurity incident detected in the fourth quarter of 2021. , Canada, Mossleigh , Canada, Middle Lake Adjusted Net Debt and Adjusted Net Debt/Adjusted EBITDA ReconciliationThe Company believes that comparing adjusted net debt/adjusted EBITDA on a trailing 12month basis for different financial periods provides useful information about the performance of its operations as an indicator of the amount of time it would take to settle both the Company's short and long-term debt. , Canada, Assiniboia Search Results Near Norwalk, CT General Store Manager Auto Collision Estimator Neonatal Nurse 8 of the Highest Paying Jobs in Norwalk, CT for 2023 . 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. Construction Equipment Guide 470 Maryland Drive Fort Washington, PA 19034 800-523-2200 Adjusted Net Income Attributable to Stockholders and Diluted Adjusted EPS Attributable to Stockholders ReconciliationThe Company believes that adjusted net income attributable to stockholders provides useful information about the growth or decline of the net income attributable to stockholders for the relevant financial period and eliminates the financial impact of adjusting items the Company does not consider to be part of the normal operating results. 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. Here are three of the top sellers from Fort Worth: 2017 Tadano Mantis 15010 75-ton crawler crane US$550,000, 2016 Volvo A40G articulated dump truck US$237,500, 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. , AB , Canada, Young , SK , SK : Represents total proceeds from all items sold at the Company's auctions and online marketplaces. Make: Model: Year: - . Auction results: US$50+ million of equipment sold in Pacific Northwest auction . Service revenue in Q1 2022 increased 19% to $244.9 million. , BC View All Ritchie Bros. Auctioneers Videos. $1.1 million gain recognized on the sale of a property in Denver, Colorado. , Canada, Wetaskiwin , AB Support Contact us Frequently Asked . 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). Service revenue increased 11% year-over-year, driven by solid contribution from both Auctions & Marketplace ("A&M") and positive growth from our Other Services. In addition, Canada saw an increased volume of inventory sold mainly in the commercial transportation and construction sectors. We define our key operating metrics as follows: Gross transaction value , United States, Jebel Ali Free Zone Non-GAAP measures do not have a standardized meaning and are, therefore, unlikely to be comparable to similar measures presented by other companies. Email Auctioneer. $8.2 million amortization of acquired intangible assets primarily from the acquisitions of Iron Planet, SmartEquip, and Rouse. Auction Results. 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. Through our broad global buyer base of registered users, we continue to do what we've done for over a decade: deliver fair market value for equipment. , Italy, Chilliwack How to bid on this item. may be of interest to you, and that you understand you may unsubscribe at any time. You can sign up for additional alert options at any time. , Canada, Handel ", In addition, Eric Jacobs, CFO of Ritchie Bros. added, "we are pleased with our continued strong financial performance in the fourth quarter. At Ritchie Bros. Auctioneers, we promise to treat your data with respect and will not share your information with any third party. , SK Account holders can access 24 months of selling prices through Auction Results. 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. These adjustments in 2021 have been applied retrospectively to all periods presented, as applicable. , AB Auctions. , AB Cookie Preferences. Approximately 92% of the equipment in the October 25 28 auction was sold to Canadians, including 61% purchased by Albertans. Group. . , SK We also had an entire day dedicated to energy-specific equipment.. , AB $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. 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. 1 and Amendment No. {0} must be between {1} and {2} characters. 2013 Altec AM900-E100 100 ft on 2014 International 7400 6x6 Bucket Truck, 2015 VOLVO VNL64670 6x4 Truck Tractor (T/A), 2016 GENIE GTH-5519 Telescopic Forklift, 2005 STERLING A9500 6x4 Truck Tractor (T/A), 2015 JOHN DEERE 35G Mini Excavator (1 - 4.9 Tons), 2013 FREIGHTLINER CASCADIA 125 6x4 Truck Tractor (T/A), 1999 GMC W4500 Schwarze on COE Street Sweeper, 2006 VOLVO VNL 6x4 Truck Tractor (T/A), 2009 INTERNATIONAL 8600 SBA 6x4 Truck Tractor (T/A), 2009 FREIGHTLINER CASCADIA 125 6x4 Truck Tractor (T/A), 2014 FREIGHTLINER CASCADIA 113 6x4 Truck Tractor (T/A), 1999 PETERBILT 379 6x4 Truck Tractor (T/A), 2017 FORD TRANSIT T-350 H 4x2 Utility Truck, 2016 FORD TRANSIT T-350HD 4x2 Utility Truck, 2006 STERLING 12x4 Super 18 Dump Truck (Quad/A), 2019 MACK GRANITE Truck Tractor (Tri/A), Unused 2022 AGROTK H12 (Unused) Mini Excavator (1 - 4.9 Tons), 2019 INTERNATIONAL LT625 6x4 Truck Tractor (T/A), 2015 FORD F-550 XLT 4x4 Crew Cab Service Truck, 2014 SKYJACK SJ6826 RT Dual Fuel Scissorlift, 2000 PETERBILT 378 6x4 Truck Tractor (T/A), 2016 PETERBILT 579 8x4 Truck Tractor (Tri/A), 2020 MACK GRANITE 10x4 Dump Truck (Quad/A), 2008 CAT 303.5C CR Mini Excavator (1 - 4.9 Tons), 2006 PETERBILT 379 10x4 Dump Truck (Quad/A), 2006 INTERNATIONAL 7700 Deluxe 12x4 Super 18 Dump Truck (Quad/A), 2008 BOBCAT 337G Mini Excavator (1 - 4.9 Tons), 2017 FREIGHTLINER CASCADIA 125 6x4 Truck Tractor (T/A), 2015 FREIGHTLINER CASCADIA 125 6x4 Truck Tractor (T/A), 2014 KENWORTH T370 4x2 Dump Truck (S/A), 2007 MACK CV713 10x4 Dump Truck (Quad/A), 2018 CAT 289D Two-Speed High Flow XPS Compact Track Loader, 2013 INTERNATIONAL 4400 4x2 Truck Tractor (S/A), 2016 FREIGHTLINER CASCADIA 125 6x4 Truck Tractor (T/A), 1997 PETERBILT 379 6x4 Truck Tractor (T/A), 2019 FREIGHTLINER CASCADIA 126 6x4 Truck Tractor (T/A), 2013 FORD F-350 XLT 4x4 Crew Cab Utility Truck, 2011 FORD F-450 Lariat 4x4 Crew Cab Flatbed Truck, 2015 FORD F-750 XLT 4x2 Rollback Truck, 2019 BOBCAT T650 Two-Speed Compact Track Loader, 2012 BOBCAT S650 Two-Speed Skid Steer Loader, 2015 FREIGHTLINER M2 106 4x2 Bed Truck. , Canada, Roblin , SK If you experience any issues with this process, please contact us for further assistance. , Canada, Elm Creek 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. , Canada, Lake Lenore A&M service revenue increased 11% year-over-year to $222.1 million with A&M take rate increasing 70 basis points to 14.4% driven by higher buyer fees implemented in early 2022. , Canada, Saskatoon 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. 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. After submitting your request, you will receive an activation email to the requested email address. Operating margins came in at . Last week we conducted 24 online auctions across the globe, selling more than 34,000 equipment items over six days. {0} must be must be greater than 2 characters or be entered as "GD". B723010601B. Technology. , AB 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.. New to our site? Adjusted EBITDAThe Company believes adjusted EBITDA provides useful information about the growth or decline of its net income when compared between different financial periods. February 14 - 16 unreserved auction attracted 14,500+ bidders to compete for 6,500+ items. 2023-01-18 Rabu, 18 01 2023. , Canada, Fox Valley , SK Meter: 2163 Hours. 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. , Canada, Leask , QC Examples of valid formats would be 000-0000 or 0000000. Online Auction. , Canada, Teulon , AB 22,600+ bidders competing for 13,300+ items Last week we sold 13,300+ equipment items, trucks, and vehicles at our Premier Global. 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. 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. How to bid on this item. $0.2 million gain recognized on the disposition of property, plant and equipment. Brexit. If you have equipment to consign, please contact us today! , Canada, Kincaid Easy-to-use, self-serve interface, automatic inventory upload. 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.

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