The company, which keeps its books in U.S. dollars, reported a . Investors should read the joint proxy statement/prospectus carefully before making any voting or investment decisions. Ritchie Bros. is the world's largest industrial auctioneer . 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. 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 , AB Inventory rate , SK , Canada, Rycroft Get Free Auction Results. , WA {0} must be must be greater than 2 characters or be entered as "GD". , Canada, Las Vegas Get Shipping Quotes. $0.2 million gain recognized on the disposition of property, plant and equipment. $6.6 million amortization of acquired intangible assets primarily from the acquisitions of Iron Planet and Rouse. $6.2 million share based payments expense. Password Forgot password? A one-stop-shop for used equipment dealers and resellers. 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15010 75-ton crawler crane US$550,000, 2016 Volvo A40G articulated dump truck US$237,500, Your email address will not be published. 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. 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. 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 . /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. , SK , SK , MB $1.1 million gain recognized on the sale of a property in Denver, Colorado. 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. $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. 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. , Canada, James River Bridge The unreserved online auction attracted more than 10,800 online bidders from 63 countries. , Canada, Medford $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. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. 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. 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 . The largest of these events took place in Houston, TX, where we sold US$63+ million of equipment online for approximately 700 consignors. 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.. 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. Non-GAAP measures do not have a standardized meaning and are, therefore, unlikely to be comparable to similar measures presented by other companies. Required fields are marked *. Support Contact us Frequently Asked . 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. Adjusted EBITDAThe Company believes adjusted EBITDA provides useful information about the growth or decline of its net income when compared between different financial periods. Please refer to pages 14-15 for a summary of adjusting items for the three months ended December 31, 2022 and December 31, 2021. , Canada, Somerset Add to Watchlist. Solid execution from the at-risk team drove a robust 10.9% inventory rate. Ritchie Bros. is the world's largest auctioneer of heavy equipment and trucks. *The information collected will be retained in accordance with our privacy statement. , Canada, Watrous Operating margins came in at . , SK Our Main Office. Remember me. consent to Glacier Farm Media LP, on its own behalf and on behalf of its affiliates, and carrying on GTV is not a measure of financial performance, liquidity, or revenue, and is not presented in the Company's consolidated financial statements. Important Additional Information and Where to Find It. Selling: Montreal, QC, CAN - Fri, Mar 24. Auction Results: 10,000+ items sold for CA$99+ million in Edmonton, AB October 29, 2022 October 31, 2022. . 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. 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. , SK , SK Please refer to pages 14-15 for a summary of adjusting items during the three months ended December 31, 2022 and December 31, 2021. 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. Auction results News . Make: Model: Year: - . You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. , AB , Canada, Killam You must click the activation link in order to complete your subscription. $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. HOUSTON, Feb. 20, 2023 /PRNewswire/ - With its first Houston, TX . Please refer to pages 14-15 for a summary of adjusting items during the trailing 12months ended December 31, 2022 and December 31, 2021. PR Newswire. 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. 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. , Canada, Shamrock 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 . , SK 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. A&M service revenue increased 12% year-over-year to $852.0 million with A&M take rate increasing 40 basis points to 14.1% driven by higher buyer fees implemented in early 2022. Adjusted operating income represents operating income excluding the effects of adjusting items. Other Services total revenue increased 11% year-over-year to $50.5 million primarily due to the inclusion of SmartEquip, stronger performance and execution in RBFS, and growth in Rouse. If you experience any issues with this process, please contact us for further assistance. Ritchie Bros. - C I M Charity Auction, USA - Rabu, 18 01 2023. , Canada, Salvador 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. 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 , SK Achieves full year record GTV of $6.0 billion. Subcategory: All Subcategories. 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. The June 21 - 23 auction attracted more than 10,000 bidders from the 5,900 . , SK If you experience any issues with this process, please contact us for further assistance. $8.4 million amortization of acquired intangible assets primarily from the acquisitions of Iron Planet, SmartEquip, and Rouse. 2013 JLG 260 MRT Diesel 4x4 Scisso. First sign in or create an account. Adjusted EBITDA increased 24% driven by high flow through revenue growth of 24%. Create a free account: it's fast, free and gives you full access to our website features. , BC Upcoming auctions; Auction results; Search over 93,979 items in inventory. : Number of organizations activated on IMS. , AB Copyright 1999-2023 IronPlanet, Inc. All Rights Reserved. We will work with you to determine the best way to sell your equipment and market it to our millions of buyers. , NV About Ritchie Bros. Auctioneers About Ritchie Bros. Careers Media Investors Blog Security Center. Account holders can access 24 months of selling prices through Auction Results. {0} must be a valid date of the format YYYY-MM-DD. 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). Service revenue as a percent of GTV increased 80 bps year-over-year to 17.4%. , SK Cat C-12 Diesel Engine, 2001 US EPA Label, 31980 Engine hrs, Engine Brake, Eaton Fuller FRO-16210C Manual Transmission, 16000 lb Front Axle, 40000 lb Rears, 56000 lb GVWR, Air Ride Cab, Aluminum Wheels, 385/65R22.5 Front Tires, 11R24.5 Rear Tires, Rubber Suspension, 226 in Wheelbase, PTO, 0 ft 203 in Long x 0 ft 62 in High Steel Body, Round Bottom . , Canada, Meppen Revenue totalled US$443.9 million for the quarter, up from $359.4 million a year earlier. 1 and Amendment No. Here are three of the biggest sellers in the auction: Your email address will not be published. 2023-01-18 Wednesday Jan 18, 2023. . , SK VANCOUVER, BC, Feb. 21, 2023 /CNW/ - Ritchie Bros. Auctioneers Incorporated (NYSE: RBA) (TSX: RBA) (the "Company", "Ritchie Bros.", "we", "us", or "our") reported the following results for the fourth quarter, for the three months ended December 31, 2022. New York. 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. 78 weekly online auctions. This metric excludes GovPlanet transactions. 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. , SK

Frozen Food Distributors In California, Morgan Riddle Taylor Fritz, Articles R