Auction Results: 10,000+ items sold for CA$99+ million in Edmonton, AB October 29, 2022 October 31, 2022. . Subscribe by clicking on the button below. , Canada, Gilbert Plains Review our account terms and conditions and privacy statement to learn more about accessing a free account and how we process information. $2.9 million of acquisition-related costs related to the acquisition of Rouse. , Canada, Minitonas 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, Athabasca , Canada, Wymark . Read more. , 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. A one-stop-shop for used equipment dealers and resellers. Search IronPlanet's auction results. Measures of liquidity are noted under "Liquidity and Capital Resources". , Canada, Outlook , Canada, Killam , Canada, Vegreville , Canada, Langenburg Get Free Auction Results. , Canada, Perris Subcategory: All Subcategories. Address Norwalk, CT. 06851 USA. The remaining 17% of the equipment . Add to Watchlist. Bids per lots sold Subcategory: All Subcategories. You must click the activation link in order to complete your subscription. 2013 JLG 260 MRT Diesel 4x4 Scisso. You may obtain free copies of these documents from Ritchie Bros. or IAA free of charge using the sources indicated above. , Canada, Young 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. 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. $8.8 million share based payments expense. 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. Adjusted EBITDA increased 24% driven by high flow through revenue growth of 24%. , MB About Ritchie Bros. Auctioneers About Ritchie Bros. Careers Media Investors Blog Security Center. Our Main Office. 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). 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. After submitting your request, you will receive an activation email to the requested email address. If you have equipment to consign, please contact us today! 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. , SK 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). 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. , AB , SK , SK Service revenue increased 11% year-over-year, driven by solid contribution from both Auctions & Marketplace ("A&M") and positive growth from our Other Services. This metric excludes GovPlanet transactions. , United States, View Past , AB , Canada, Western Canada , MB Buy new and used heavy equipment and trucks for sale at our live unreserved public auctions from your home, office or jobsite. , TX , SK About Ritchie Bros. Auctioneers About Ritchie Bros. Careers Media Investors Blog Security Center. 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 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. *The information collected will be retained in accordance with our privacy statement. , SK First sign in or create an account. , SK $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. The company sells a range of used and unused commercial assets, including earthmoving equipment, truck . First sign in or create an account. Auction Results: US$71+ million of equipment sold in Fort Worth, TX. Cash provided by operating activities was $463.1 million for 2022. , Canada, Taylor , SK The remaining 12% was sold to international buyers from as far away as Australia, Finland, Israel, and Malaysia. , SK : Number of organizations activated on IMS. , SK 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. We're the auction expertsand we've been helping people around the world buy and sell with confidence since 1958. 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. Total number of organizations activated on the Business Inventory Management System increased by 465% year-over-year compared to 2021. (in U.S. dollars $millions, except percentages). An organization is considered activated on IMS when a customer has signed an annual multi-channel contract and has an IMS instance setup to allow for equipment to be directed to one of our transaction solutions digitally. , Canada, Manitoba You can sign up for additional alert options at any time. Your email address will not be published. Search Results Near Norwalk, CT General Store Manager Auto Collision Estimator Neonatal Nurse 8 of the Highest Paying Jobs in Norwalk, CT for 2023 . 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 , AB Low value assets are sometimes bundled into a single lot, collectively referred to as "small value lots". 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. Ritchie Bros. is the world's largest auctioneer of heavy equipment and trucks. , OH , Canada, Evansburg Ritchie Bros. is the world's largest auctioneer of used and unused heavy equipment. {0} must be between {1} and {2} characters. Sell your equipment. , MB 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. Construction Equipment Guide 470 Maryland Drive Fort Washington, PA 19034 800-523-2200 , Canada, Congress Auction Results. We offer a wide range of unused and used equipment and trucks for sale: $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. Keyword: Industry: All Industries. Bidding is open, transparent and fair no minimum bids, and no reserve prices. $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. Apply for Financing. , Canada, Las Vegas Easy-to-use, self-serve interface, automatic inventory upload. , Canada, Calgary , SK /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. The Company has also adjusted for certain non-recurring advisory, legal and restructuring costs. September 27, 2022. Adjusted operating income enhances the Company's ability to evaluate and understand ongoing operations, underlying business profitability, and facilitate the allocation of resources. 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. 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. 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. {0} must be a valid date of the format YYYY-MM-DD. GTV increased 9% when excluding the impact of foreign exchange. $5.4 million share based payments expense. Please refer to pages 14-15 for a summary of adjusting items during the three months ended December 31, 2022 and December 31, 2021. 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. , Canada, Edgeley , Canada, Glenbush 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 It's fast and free. 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. , SK , Canada, Bruno When you work with Ritchie Bros. everything is first class, said Cortney Laney, Vice President & Chief Operating Officer for MDS Boring & Drilling. , SK Investors should read the joint proxy statement/prospectus carefully before making any voting or investment decisions. 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.