Upcoming Auctions by Ritchie Bros. Auctioneers - Global Auction Guide 22,600+ bidders competing for 13,300+ items Last week we sold 13,300+ equipment items, trucks, and vehicles at our Premier Global. , Canada, Bow Island VANCOUVER, BC, and WESTCHESTER, Ill. -November 7, 2022 - Ritchie Bros. Auctioneers Incorporated (NYSE: RBA) (TSX: RBA), (the "Company" or "Ritchie Bros.") and IAA, Inc. (NYSE: IAA), today announced that they have entered into a definitive agreement under which Ritchie Bros. will acquire IAA in a stock and cash transaction valued at approximately $7.3 billion including the assumption of . After submitting your request, you will receive an activation email to the requested email address. View options. Sort by: Type. , Canada, Leask Consolidated results: Total revenue in Q1 2022 increased 19% to $393.9 million. Total number of organizations activated on the Business Inventory Management System increased by 465% year-over-year compared to 2021. , Canada, Shamrock *The information collected will be retained in accordance with our privacy statement. , SK $8.4 million amortization of acquired intangible assets primarily from the acquisitions of Iron Planet, SmartEquip, and Rouse. 2023 AGROTK B7 No Till Drill (Unused) | Ritchie Bros. Auctioneers Whether you're buying or selling equipment, it pays to have the latest equipment pricing information. 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. Ritchie List - Heavy Equipment, Machinery & Truck Listings Inventory return increased 56% year-over-year to $17.8 million due to higher volume of inventory deals, driven primarily by the rental sector within our strategic accounts in the United States. Total revenue increased 24% year-over-year to $443.9 million. 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. Search Results Near Norwalk, CT General Store Manager Auto Collision Estimator Neonatal Nurse 8 of the Highest Paying Jobs in Norwalk, CT for 2023 . Adjusted net income attributable to stockholders represents net income attributable to stockholders, excluding the effects of adjusting items. Category: All Categories. RBA - Ritchie Bros. Auctioneers Incorporated Stock Price and Quote We are excited by the anticipated closing of the IAA acquisition and its expected impact to Ritchie Bros. for years to come. /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. , United States, Arran 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. for more information. It's fast and free. As long as you're connected you can bid. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. , Canada, Canora 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. Last week in Texas, we sold close to 5,000 equipment items and trucks over three days for US$71+ million in gross transaction value, which is up 25% from the same auction last year. Auction Results: 10,000+ items sold for CA$99+ million in Edmonton, AB 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. $4.5B in gross transactional value: one of the world's largest sellers of used equipment on-site and online. , Canada, Benito 2023-01-18 Rabu, 18 01 2023. Operating margins came in at . After submitting your request, you will receive an activation email to the requested email address. , Canada, Radville Other costs of services increased 91% year-over-year to $10.6 million mainly due to the acquisition of SmartEquip. Other Services selling, general and administrative expenses increased 48% year-over-year to $73.7 million due to the inclusion of SmartEquip, higher costs in RBFS with strong results, as well as investments made for our growth initiatives in Rouse. 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. Equipment highlights in the October Edmonton auction included 140+ truck tractors, 85+ excavators, 60+ skid steers, 60+ dozers, 25+ pipelayers, forestry equipment, and more. GlobalAuctionGuide.com 2001-2023 | Part of the Global Auction Guide Media The Registration Statement was declared effective by the SEC on February 10, 2023. Richie Brothers Auctions - IronPlanet February 14 - 16 unreserved auction attracted 14,500+ bidders to compete for 6,500+ items. , MB /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. , United States, St Aubin Sur Gaillon , SK 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. , Canada, Eatonia Gain on property, plant and equipment in Q1 2022 was $169.1 million due to a sale of property located in Bolton, Ontario. , MB You may obtain free copies of these documents from Ritchie Bros. or IAA free of charge using the sources indicated above. 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. Auction Results. Support Contact us Frequently Asked . About this app. A lot is defined as a single asset to be sold, or a group of assets bundled for sale as one unit. Ritchie Bros. sells US$244+ million of equipment in its 2023 Premier , Canada, Debert 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. , SK Brexit. Ritchie Hub - Blog 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. 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. US$244+ million of equipment sold in our 2023 Premier Global Auction in Orlando, FL. , Canada, Assiniboia 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. Our newsletter is the best way to keep up with all current auctions in your area! Last week we conducted 24 online auctions across the globe, selling more than 34,000 equipment items over six days. 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. 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. 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"). $0.2 million of non-recurring advisory, legal and restructuring costs related to SOX remediation costs relating to efforts to remediate the material weaknesses identified in 2020, which has been retrospectively applied to the second quarter of 2021. Required fields are marked *. How to bid on this item. ", In addition, Eric Jacobs, CFO of Ritchie Bros. added, "we are pleased with our continued strong financial performance in the fourth quarter. 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. C I M Charity Auction, USA. | Ritchie Bros. Auctioneers Debt / net income was 1.9x for the twelve months ended December 31, 2022. Ritchie Bros. - C I M Charity Auction, USA - Rabu, 18 01 2023. , Canada, Rouleau 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. Our latest changes to Salvage Sale were designed to improve user experience, as well as grant more exposure to our inventory. 2009 Mack GU813 For Sale (52292149) from Ritchie Bros. Auctioneers View original content:https://www.prnewswire.com/news-releases/ritchie-bros-reports-fourth-quarter-2022-results-301752127.html. 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. Equipment highlights included 330+ truck tractors, 120+ excavators, 40+ dozers, 20+ cranes, as well as directional drilling equipment, hundreds of trailers, and more. Key Operating MetricsWe regularly review a number ofmetrics, including the following key operating metrics, to evaluate our business, measure our performance, identify trends affecting our business, and make operating decisions. Our customers in the energy sector benefitted greatly from selling their construction and transportation assets in Fort Worth, with a massive global audience watching. , Canada, Lake Lenore Ritchie Bros. Auctioneers reports Q4 profit and revenue up from year Forward-looking StatementsThis news release contains forward-looking statements and forward-looking information within the meaning of applicable U.S. and Canadian securities legislation (collectively, "forward-looking statements"), including, in particular, statements regarding future financial and operational results and growth and value prospects and payment of dividends. , United States, Ocana First sign in or create an account. The company sells a range of used and unused commercial assets, including earthmoving equipment, truck . Address Norwalk, CT. 06851 USA. , AB 1992 Peterbilt 379 T/A Dump Truck | Ritchie Bros. Auctioneers , Canada, Congress Auction Results: US$71+ million of equipment sold in Fort Worth, TX You can sign up for additional alert options at any time. 2013 JLG 260 MRT Diesel 4x4 Scisso. Ritchie Bros. has grown from a small-town auctioneer to a global asset management and disposition company. Simply select a category and click Search. , Canada, North Battleford February 27, 2023. , AB , Canada, Porcupine Plain The December 13 - 15 Fort Worth auction attracted more than 12,600 registered bidders from 65+ countries, which is new . $3.8 million share based payments expense. $5.6 million share based payments expense. , SK $5.4 million share based payments expense. 2007 Sterling ACTERRA For Sale (52280065) from Ritchie Bros Cash provided by operating activities was $463.1 million for 2022. , WA , AB : A single asset to be sold, or a group of assets bundled for sale as one unit. 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. We offer a wide range of unused and used equipment and trucks for sale: Ritchie Bros Auctioneers Incorporated : Earnings Document Register to bid online. Ritchie Bros. to host Fourth Quarter 2022 Results Earnings Conference Call on February 21st, 2023. 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. , Canada, Vibank *The information collected will be retained in accordance with our privacy statement. , SK Ritchie Bros. reports second quarter 2021 results - PR Newswire 2016 Western Star 4900 For Sale (52293209) from Ritchie Bros 2001 Kenworth T800 6x4 T/A Dump Truck . Solid execution from the at-risk team drove a robust 10.4% inventory rate. Register to bid online. /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. , Canada, Langenburg , Canada, Edgeley , SK This metric excludes GovPlanet transactions. , BC 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 More ways to buy from all over the world. Subscribe by clicking on the button below. Your email address will not be published. Other Ritchie Bros. Auctioneers offerings. Home > Auction Results. 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. , United States, Jebel Ali Free Zone , Canada, Colonsay 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. 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. $9.1 million share based payments expense. 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". Ritchie Bros. - C I M Charity Auction, USA - Wednesday Jan 18, 2023. Auctions. $6.2 million share based payments expense. 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 as a percent of GTV increased 90 bps year-over-year to 17.6%. Past Heavy Equipment Auctions | Ritchie Bros. Auctioneers The following table reconciles adjusted operating income to operating income, which is the most directly comparable GAAP measure in the consolidated financial statements. 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} , United States, Polotitlan $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 *The information collected will be retained in accordance with our privacy statement. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. , Canada, Salvador Select a reason for reporting this job. , Canada, Rolling Hills Ritchie Bros. is the world's largest industrial auctioneer . In 2018, Ritchie Bros. sold $4.96 billion of used equipment and other assets. The company, which keeps its books in U.S. dollars, reported a . This item will be selling through a Timed Auction. , United States, Wilkie List inventory and reach more qualified leads than ever before through the strength of Ritchie Bros.' global buyer network and reputation as the leading equipment marketplace. Assistant Yard Manager Job in Phoenix, AZ at Ritchie Bros Auctioneers , Canada, Rycroft , AB (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. business through its divisions, to receive emails containing news, updates and promotions, including third GTV increased 9% when excluding the impact of foreign exchange. 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. , AB {0} must be must be greater than 2 characters or be entered as "GD". , SK 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. Low value assets are sometimes bundled into a single lot, collectively referred to as "small value lots". Updated within 24 hours of the end of an auction. June 28, 2022. Get Free Auction Results. Ritchie Bros. to acquire Euro Auctions and expand its reach in EMEA region
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