The June 21 - 23 auction attracted more than 10,000 bidders from the 5,900 . Marketplace-E. How it works . , United States, Ocana may be of interest to you, and that you understand you may unsubscribe at any time. Equipment highlights included 330+ truck tractors, 120+ excavators, 40+ dozers, 20+ cranes, as well as directional drilling equipment, hundreds of trailers, and more. Low value assets are sometimes bundled into a single lot, collectively referred to as "small value lots". It's fast and free. Register to bid online. (in U.S. dollars $millions, except percentages). , SK , AB Construction Equipment Guide 470 Maryland Drive Fort Washington, PA 19034 800-523-2200 , SK , MB 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. We also had an entire day dedicated to energy-specific equipment.. $2.0 million of acquisition-related costs primarily relating to the share-based continuing employment costs for the acquisitions of Rouse and SmartEquip. , ON Important Additional Information and Where to Find It. , Canada, Bolton Group. We're the auction expertsand we've been helping people around the world buy and sell with confidence since 1958. Ritchie Bros. is hosting a conference call to discuss its financial results for the quarter ended June 30, 2021 at 8am Pacific time / 11 am Eastern time / 4pm GMT on August 6, 2021. Subscribe by clicking on the button below. , SK , SK , Canada, Stockholm 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. Toronto, February 28, 2023 -- Moody's Investors Service ("Moody's") has confirmed Ritchie Bros. Auctioneers Incorporated's ("RBA") Ba2 corporate family rating (CFR), its Ba2-PD probability of default rating, and its Ba3 senior unsecured rating on its existing notes due 2025, which will be withdrawn once repaid. 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.". , United States, Wilkie Register to bid online. We offer a wide range of unused and used equipment and trucks for sale: , Canada, Glenbush Quarterly DividendOn January 13, 2023, the Company declared a quarterly cash dividend of $0.27 per common share, payable on March 3, 2023 to stockholders of record on February 10, 2023. In 2018, Ritchie Bros. sold $4.96 billion of used equipment and other assets. , Canada, Wetaskiwin , SK , Canada, Stump Lake , SK , SK You must click the activation link in order to complete your subscription. 2013 JLG 260 MRT Diesel 4x4 Scisso. $8.2 million amortization of acquired intangible assets primarily from the acquisitions of Iron Planet, SmartEquip, and Rouse. , AB At Ritchie Bros. Auctioneers, we promise to treat your data with respect and will not share your information with any third party. Construction Equipment Guide 470 Maryland Drive Fort Washington, PA 19034 800-523-2200 $8.5 million amortization of acquired intangible assets primarily from the acquisitions of Iron Planet, SmartEquip, and Rouse. Online Auction. , AB , Canada, Handel for more information. , Canada, Shamrock Inventory rate : A single asset to be sold, or a group of assets bundled for sale as one unit. , Canada, Western Canada Our newsletter is the best way to keep up with all current auctions in your area! , United States, St Aubin Sur Gaillon , SK Id like to thank Ritchie Bros. and its employees for their professionalism throughout the entire consignment processthey were so friendly, polite, and respectful. Ritchie Bros. next Texas auction will be held at its Fort Worth site, with onsite bidding and events, on June 19 21. Upcoming auctions; Auction results; Search over 93,979 items in inventory. , Canada, Rolling Hills 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. Add to Watchlist. Operating in a number of sectors, including construction, commercial transportation, agriculture, energy, mining, and forestry, the company's selling channels include: Ritchie Bros. Auctioneers, the world's largest industrial auctioneer offering live auction events with online bidding; IronPlanet, an online marketplace with weekly featured auctions and providing the exclusive IronClad Assurance equipment condition certification; Marketplace-E, a controlled marketplace offering multiple price and timing options; Ritchie List, a self-serve listing service for North America; Mascus, a leading European online equipment listing service; Ritchie Bros. Second Quarter 2022 Earnings Conference Call. If you have equipment to consign, please contact us today! 2020 John Deere 648R (52281852), LOCATED-IN-BUTNER-NC-MD Closing Time: 2023-03-30 04:00:00 PM from Ritchie Bros. Auctioneers Measures of liquidity are noted under "Liquidity and Capital Resources". $22.2 million of acquisition-related costs primarily relating to the proposed acquisition of IAA, and the share-based continuing employment costs for the acquisitions of Rouse and SmartEquip. , AB Keyword: Industry: All Industries. , Canada, Saskatoon Bidding is open, transparent and fair no minimum bids, and no reserve prices. 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. , Canada, Milden , SK , Canada, Elm Creek , CA The Registration Statement was declared effective by the SEC on February 10, 2023. Get Free Auction Results. , SK Required fields are marked *. 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. We offer a wide range of unused and used equipment and trucks for sale: {0} is an invalid phone number format. Last week Ritchie Bros. conducted its largest ever December auction in Texas, selling US$86+ million of equipment and trucks for 800+ consignors in three days. , Canada, Evansburg These adjustments in 2021 have been applied retrospectively to all periods presented, as applicable. 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. Last week Ritchie Bros. sold 13,300+ equipment items, trucks, and vehicles at its Premier Global Auction in Orlando, FL, generating US$244+ million in gross transaction value. Adjusted operating income enhances the Company's ability to evaluate and understand ongoing operations, underlying business profitability, and facilitate the allocation of resources. *The information collected will be retained in accordance with our privacy statement. , Canada, Edgeley /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. Non-GAAP measures do not have a standardized meaning and are, therefore, unlikely to be comparable to similar measures presented by other companies. Selling prices of similar items. , Canada, Perris , SK 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. Other costs of services increased 91% year-over-year to $10.6 million mainly due to the acquisition of SmartEquip. There can be no assurance that forward-looking statements will prove to be accurate, and actual results may differ materially from those expressed in, or implied by, these forward-looking statements. , Canada, Hanley 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 . With the market capitalization of Ritchie Bros. Auctioneers Incorporated currently standing at about $6.71 billion, investors are eagerly awaiting this quarter's results, scheduled for May 08, 2023 - May 12, 2023. Selling: Montreal, QC, CAN - Fri, Mar 24. Category: All Categories. Your email address will not be published. When the auction yard dust settled, Ritchie Bros. sold more than 11,200 items for US$213 million in the massive six-day event. $14.0 million of acquisition-related costs related to the proposed acquisition of Euro Auctions and the completed acquisitions of SmartEquip and Rouse. {0} can only contain letters, numbers, dash (-) and dot (.). 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. By providing your email address below, you are providing consent to Ritchie Bros. Auctioneers to send you the requested Investor Email Alert updates. In 2021, the Company updated the calculation of diluted adjusted EPS attributable to stockholders to add-back certain adjustments that have been applied retrospectively to all periods presented, as applicable (refer to adjusted operating income reconciliation above). , Canada, Eatonia The . 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 . Adjusted EBITDA increased 24% driven by high flow through revenue growth of 24%. We conduct hundreds of public equipment auctions around the world each year for the construction, transportation, agricultural, real estate and other industries. , Canada, Lethbridge , Netherlands, Australia Ritchie Bros. Auctioneers , Australia, Yorkton , SK *The information collected will be retained in accordance with our privacy statement. , Canada, Grimshaw 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. Ritchie Bros. sells 13,300+ items for US$244+ million in its 2023 Premier Global Auction in Orlando, FL (CNW Group/Ritchie Bros.) The February 20 - 24, 2023 auction attracted 22,600+ people from . As long as you're connected you can bid. 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. $1.3 million gain due to the change in fair value of derivatives to manage exposure to foreign currency exchange rate fluctuations on the purchase consideration for the proposed acquisition of Euro Auctions. , AB (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. The unreserved online auction attracted more than 10,800 online bidders from 63 countries. , Canada, Carievale 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. Online Auction. , SK 400+ unreserved onsite auctions with online bidding. , Canada, Manor Ritchie Bros. - C I M Charity Auction, USA - Rabu, 18 01 2023. Located: Mont-Saint-Hilaire, QC. This metric calculates the total number of bids received for a lot divided by the total number of lots sold. 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. Other Ritchie Bros. Auctioneers offerings. You can sign up for additional alert options at any time. You may obtain free copies of these documents from Ritchie Bros. or IAA free of charge using the sources indicated above. 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. B723010601B. Service revenue as a percent of GTV increased 80 bps year-over-year to 17.4%. , MB , MN 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. , Canada, Vegreville $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. , Canada, Middle Lake $9.1 million share based payments expense. Make: Model: Year: - . , Canada, Oakbank Account holders can access 24 months of selling prices through Auction Results. consent to Glacier Farm Media LP, on its own behalf and on behalf of its affiliates, and carrying on About Ritchie Bros. Auctioneers About Ritchie Bros. Careers Media Investors Blog Security Center. , Canada, Hussar The Company uses adjusted EBITDA as a key performance measure because the Company believes it facilitates operating performance comparisons from period to period and provides management with the ability to monitor its controllable incremental revenues and costs. The following table reconciles adjusted net debt to debt, adjusted EBITDA to net income, and adjusted net debt/ adjusted EBITDA to debt/ net income, respectively, which are the most directly comparable GAAP measures in, or calculated from, its consolidated financial statements. View All Ritchie Bros. Auctioneers Videos. , Canada, Rockhaven 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. Email Auctioneer. Containers (2267) Excavator Attachments (2086) Industrial and Construction Supplies (2502) Other (4351 . We sold more than 450 items in last weeks Houston auction and were extremely happy with the results. Inventory sales revenue in Q1 2022 increased 19% to $149.1 million. The replay of the webcast will be available through March 21, 2023. 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. 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. Service revenue as a percent of GTV increased 90 bps year-over-year to 17.6%. Ritchie Bros. is hosting a conference call to discuss its financial results for the quarter ended June 30, 2022 at 8am Pacific time . 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.
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