, Netherlands, Australia , OH 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15010 75-ton crawler crane US$550,000, 2016 Volvo A40G articulated dump truck US$237,500, Your email address will not be published. , Canada, Mossleigh , WA Service revenue increased 14% year-over-year driven by higher buyer fees implemented in early 2022 and revenue growth from our Other Services. Total number of organizations activated on the Business Inventory Management System increased by 465% year-over-year compared to 2021. , Canada, Watrous , SK Adjusted net debt is calculated by subtracting cash and cash equivalents from short and long-term debt. Selling prices of similar items. , Canada, Rockhaven February 14 - 16 unreserved auction attracted 14,500+ bidders to compete for 6,500+ items. We have encountered a server error. , SK , Canada, Bruno Our newsletter is the best way to keep up with all current auctions in your area! The increase was also due to higher operating income and a lower effective tax rate, partially offset by $9.7 million primarily relating to higher interest expense from our 2021 Notes and a loss on redemption. Report Job. {0} is an invalid phone number format. 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. , Canada, Zevenbergen 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. Net income increased 110% year-over-year to $319.8 million primarily due to the gain of $169.1 million on property, plant and equipment from the sale of the Bolton property. $1.2 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, and $0.1 million gain on disposition of property, plant and equipment in the quarter. , AB 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". $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. 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 . (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. 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. consent to Glacier Farm Media LP, on its own behalf and on behalf of its affiliates, and carrying on , SK Serial number or VIN: B722121701B. , Canada, Perris "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 . , AB 2016 Western Star 4900 (52293209), Detroit DD13 455 hp Engine, Eaton Fuller 10-Speed Transmission, 12000 lb Front Axle, 40000 lb Rears insp 23-04 from Ritchie Bros. Auctioneers $1.1 million gain recognized on the sale of a property in Denver, Colorado. $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. 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. This increase in mix was mainly driven by our strategic accounts in the United States. , AB , SK Auctions. , SK Our customers in the energy sector benefitted greatly from selling their construction and transportation assets in Fort Worth, with a massive global audience watching. Adjusted EBITDA increased 21% driven by strong flow through on revenue growth of 22%, despite inflationary pressures on costs and higher costs relating to investments made for our growth initiatives. , United States, Arran 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). C I M Charity Auction, USA. 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. View original content:https://www.prnewswire.com/news-releases/ritchie-bros-reports-fourth-quarter-2022-results-301752127.html. 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 . 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. $6.2 million share based payments expense. , Canada, Hazenmore , AB 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. Your email address will not be published. For more information about Ritchie Bros., visit RitchieBros.com. , Canada, Grayson The . 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. 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. 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. $169.8 million gain recognized on the disposition of property, plant and equipment of which $169.1 million related to the sale of a property located in Bolton, Ontario. The Company has also adjusted for certain non-recurring advisory, legal and restructuring costs. 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. If you experience any issues with this process, please contact us for further assistance. , MD A one-stop-shop for used equipment dealers and resellers. 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 . , MB Ritchie Bros. is the world's largest auctioneer of used and unused heavy equipment. GTV increased 9% when excluding the impact of foreign exchange. , SK IronPlanet is the leading marketplace for the buying and selling of used equipment. , SK , CA , CA Our Main Office. , AB : Number of organizations activated on IMS. Save my name, email, and website in this browser for the next time I comment. By providing your email address below, you are providing consent to Ritchie Bros. Auctioneers to send you the requested Investor Email Alert updates. Second Quarter 2022 Earnings Conference Call. , Canada, Taylor Start selling today. Adjusted EBITDAThe Company believes adjusted EBITDA provides useful information about the growth or decline of its net income when compared between different financial periods. , AB Auctioneers: Ritchie Bros. Feb 20, 2023, 07:00 ET. HOUSTON, Feb. 20, 2023 /PRNewswire/ - With its first Houston, TX . , Canada, Rouleau , SK , BC It's fast and free. Measures of liquidity are noted under "Liquidity and Capital Resources". We conduct hundreds of public equipment auctions around the world each year for the construction, transportation, agricultural, real estate and other industries. Support Contact us Frequently Asked . To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. 2023-01-18 Wednesday Jan 18, 2023. . Save my name, email, and website in this browser for the next time I comment. , United States, Dunnigan The replay of the webcast will be available through March 21, 2023. Adjusted net income attributable to stockholders represents net income attributable to stockholders, excluding the effects of adjusting items. $3.8 million share based payments expense. , Canada, Western Canada New York. , Canada, Roblin Service revenue as a percent of GTV increased 80 bps year-over-year to 17.4%. 2009 Mack GU813 (52292149), 6 Cylinder 12.7 L Diesel Engine LOCATED-IN-BOLTON-ON, Closing Time: 2023-02-28 11:35:15 AM from Ritchie Bros. Auctioneers 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.. 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. 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. Email Auctioneer. Email address. , Canada, Moosomin , Canada, Reston Account holders can access 24 months of selling prices through Auction Results. , Canada, Middle Lake It's fast and free. 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. The December 13 - 15 Fort Worth auction attracted more than 12,600 registered bidders from 65+ countries, which is new . Your email address will not be published. A lot is defined as a single asset to be sold, or a group of assets bundled for sale as one unit. By providing your email address below, you are providing consent to Ritchie Bros. Auctioneers to send you the requested Investor Email Alert updates. , AB Auction Results: US$71+ million of equipment sold in Fort Worth, TX. Thanks to technology and our hardworking teams, its easier than ever to sell equipment from anywhere, which is a huge benefit for our customers.. Our Houston yard was very busy leading up to the auction with customers inspecting, testing, and comparing items prior to bidding online, said Chuck Roberson, Regional Sales Manager, Ritchie Bros. As expected, we continue to drive strong pricing for late-model, low-hour equipment and trucks, resulting in a lot of happy consignors., With Ritchie Bros., everything is first class. In 2018, Ritchie Bros. sold $4.96 billion of used equipment and other assets. You may obtain free copies of these documents from Ritchie Bros. or IAA free of charge using the sources indicated above. The company sells a range of used and unused commercial assets, including earthmoving equipment, truck . Sell your equipment. {0} must be between {1} and {2} characters. . Required fields are marked *. . C I M Charity Auction, USA. $0.1 million gain recognized on the disposition of property, plant and equipment. Located: Mont-Saint-Hilaire, QC. The largest of these events took place in Houston, TX, where we sold US$63+ million of equipment online for approximately 700 consignors. Auction Results. 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. , SK After submitting your request, you will receive an activation email to the requested email address. When you work with Ritchie Bros. everything is first class, said Cortney Laney, Vice President & Chief Operating Officer for MDS Boring & Drilling. First sign in or create an account. 400+ unreserved onsite auctions with online bidding. , Canada, Leask 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} Ritchie Bros. has grown from a small-town auctioneer to a global asset management and disposition company. Ritchie Bros. Auctioneers (http://www.rbauction.com) is the world's largest auctioneer of heavy equipment and trucks. Ritchie Bros. Auctioneers 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. Containers (2267) Excavator Attachments (2086) Industrial and Construction Supplies (2502) Other (4351 . 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. Inventory sales revenue increased 37% year-over-year to $683.2 million primarily due to a higher mix of GTV contracted via inventory deals primarily sourced from our United States strategic accounts teams. Amortization of acquired intangible assets, Loss (gain) on disposition of property, plant and equipment and related costs, Non-recurring advisory, legal and restructuring costs. , United States, Ocana : A single asset to be sold, or a group of assets bundled for sale as one unit. Search, register and bid at Ritchie Bros. auctions around the world on your Android mobile devices! Cookie Preferences. {0} can only contain letters, numbers, dash (-) and dot (.). {0} must be between {1} and {2} characters. 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.". Examples of valid formats would be 000-0000 or 0000000. How to bid on this item. 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 . Category: All Categories. *The information collected will be retained in accordance with our privacy statement. , Canada, Lethbridge , Canada, Glenbush Support Contact us Frequently Asked . , MB About Ritchie Bros. Auctioneers About Ritchie Bros. Careers Media Investors Blog Security Center. Required fields are marked *. $8.2 million amortization of acquired intangible assets primarily from the acquisitions of Iron Planet, SmartEquip, and Rouse. The Registration Statement was declared effective by the SEC on February 10, 2023. 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. $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. IronPlanet is the leading marketplace for the buying and selling of used equipment. , SK , Canada, Medford 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. , Canada, James River Bridge Apply for Financing. , United States, Jebel Ali Free Zone As long as you're connected you can bid. Get inventory updates. 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. $8.4 million amortization of acquired intangible assets primarily from the acquisitions of Iron Planet, SmartEquip, and Rouse. Make: Model: Year: - . , SK , Canada, Congress , SK Report Job. Fourth Quarter and Full Year 2022 Earnings Conference CallRitchie Bros. is hosting a conference call to discuss its financial results for the quarter and year ended December 31, 2022 at 2pm Pacific time / 5pm Eastern time / 10pm GMT on February 21, 2023. GlobalAuctionGuide.com 2001-2023 | Part of the Global Auction Guide Media Auction Results: US$71+ million of equipment sold in Fort Worth, TX. , SK : Inventory return divided by inventory sales revenue.
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