22,600+ bidders competing for 13,300+ items Last week we sold 13,300+ equipment items, trucks, and vehicles at our Premier Global. Ritchie Bros. is the world's largest auctioneer of used and unused heavy equipment. , AB Ritchie Bros. sold more than 13,300 equipment items, trucks and vehicles at its Premier Global Auction in Orlando, FL, generating more than $244 million in gross transaction value. , Netherlands, Australia Important Additional Information and Where to Find It. $14.0 million of acquisition-related costs related to the proposed acquisition of Euro Auctions and the completed acquisitions of SmartEquip and Rouse. , Canada, Hazenmore , SK , Canada, Perris , Canada, Saskatoon , SK Read more. $0.2 million of non-recurring advisory, legal and restructuring costs relating to retention costs in connection with the restructuring of our information technology team during the year. VANCOUVER - Ritchie Bros. Auctioneers Inc. reported its fourth-quarter profit and sales were up compared with a year earlier. How it works Buying Selling . *The information collected will be retained in accordance with our privacy statement. , AB After submitting your request, you will receive an activation email to the requested email address. You must click the activation link in order to complete your subscription. , SK , Canada, Schuler 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. By providing your email address below, you are providing consent to Ritchie Bros. Auctioneers to send you the requested Investor Email Alert updates. , United States, Arran {0} can only contain letters and numbers. New to our site? Service revenue increased 14% year-over-year driven by higher buyer fees implemented in early 2022 and revenue growth from our Other Services. "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. Other Ritchie Bros. Auctioneers offerings. $2.0 million of acquisition-related costs primarily relating to the share-based continuing employment costs for the acquisitions of Rouse and SmartEquip. 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, Hussar Adjusting operating income eliminates the financial impact of adjusting items from operating income, which are significant recurring and non-recurring items that the Company does not consider to be part of its 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". $0.7 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 third quarter of 2021. Search, register and bid at Ritchie Bros. auctions around the world on your Android mobile devices! {0} can only contain letters and numbers. , SK Buy used equipment. 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 services. We're the auction expertsand we've been helping people around the world buy and sell with confidence since 1958. Address Norwalk, CT. 06851 USA. , MB Total revenue increased 24% year-over-year to $443.9 million. Sign Me Up Login. $10.3 million of acquisition-related costs related to the acquisitions of Rouse, and SmartEquip and proposed acquisition of Euro Auctions. , Canada, Langenburg , MB 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. 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} , SK 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). 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, Kincaid , MB 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. See the equipment prices. Approximately 88% of the equipment in the September 20 22 auction was sold to U.S. buyers, including 42% sold to Texans. , SK , NV (in U.S. dollars $millions, except percentages). The unreserved online auction attracted more than 10,800 online bidders from 63 countries. Adjusted Operating Income ReconciliationThe Company believes that adjusted operating income provides useful information about the growth or decline of its operating income for the relevant financial period and eliminates the financial impact of adjusting items the Company does not consider to be part of its normal operating results. , United States, Wilkie $1.1 million of non-recurring advisory, legal and restructuring costs, which include $0.6 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 driven by our strategy to build a new digital technology platform, and $0.2 million of advisory costs relating to a cybersecurity incident detected in the fourth quarter of 2021. Ritchie Bros. Auctioneers. Adjusting items for the year 2023-01-18 Wednesday Jan 18, 2023. . Search IronPlanet's auction results. . 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. Ritchie Bros. - Tipton, CA, USA - Kamis, 22 12 2022. . 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. , Canada, Grayson Email Auctioneer. , SK Ritchie Bros. - C I M Charity Auction, USA - Wednesday Jan 18, 2023. About Ritchie Bros. Auctioneers About Ritchie Bros. Careers Media Investors Blog Security Center. , Canada, Shamrock , Canada, Bow Island Industry. , Canada, Radville , Canada, Bruno Select a reason for reporting this job. 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. 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. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. A free account gives you access to all the features of rbauction.com: We have encountered a server error. Service revenue as a percent of GTV increased 90 bps year-over-year to 17.6%. 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. , Canada, Benito 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. They have the best marketing, reach the most buyers, and will get you the most money for your equipment. Achieves full year record GTV of $6.0 billion. The following table reconciles adjusted net income attributable to stockholders and diluted adjusted EPS attributable to stockholders to net income attributable to stockholders and diluted EPS attributable to stockholders, which are the most directly comparable GAAP measures in the consolidated financial statements. , BC Here are three of the biggest sellers in the auction: Your email address will not be published. Inventory return 400+ unreserved onsite auctions with online bidding. $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. Cookie Preferences. The Registration Statement was declared effective by the SEC on February 10, 2023. Category: All Categories. , SK , MD Your email address will not be published. Support Contact us Frequently Asked . Auction Results: US$63+ million of equipment sold in Houston, TX. 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. The following table reconciles adjusted EBITDA to net income, which is the most directly comparable GAAP measure in, or calculated from, the consolidated financial statements: Adjusted EBITDA is calculated by adding back depreciation and amortization, interest expense, income tax expense, and subtracting interest income from net income, as well as adding back share-based payments expense, acquisition-related costs, loss (gain) on disposition of property, plant and equipment, change in fair value of derivatives, non-recurring advisory, legal and restructuring costs which includes terminated and ongoing transaction costs, and excluding the effects of any non-recurring or unusual adjusting items.

Josh Taylor Actor Height, A Kind Of Murders Who Killed Clara Stackhouse Spoiler, Russian Style Of Boxing, Articles R