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. September 27, 2022. , SK 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. Category: All Categories. $2.9 million of acquisition-related costs related to the acquisition of Rouse. Account holders can access 24 months of selling prices through Auction Results. , Canada, Assiniboia , SK You must click the activation link in order to complete your subscription. , SK , Canada, Langbank , Australia, Yorkton , SK , Italy, Chilliwack 2013 JLG 260 MRT Diesel 4x4 Scisso. 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. Our latest changes to Salvage Sale were designed to improve user experience, as well as grant more exposure to our inventory. , Canada, Benito , Canada, Vibank , Canada, Rolling Hills , SK $6.2 million share based payments expense. , AB Whether you're buying or selling equipment, it pays to have the latest equipment pricing information. , Canada, Swan River Account holders can access 24 months of selling prices through Auction Results. Approximately 88% of the equipment in the September 20 22 auction was sold to U.S. buyers, including 42% sold to Texans. , Canada, Bruno 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.. We are excited by the anticipated closing of the IAA acquisition and its expected impact to Ritchie Bros. for years to come. 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. 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. The remaining 12% was sold to international buyers from as far away as Australia, Finland, Israel, and Malaysia. We have encountered a server error. 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. Subscribe by clicking on the button below. 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. We will work with you to determine the best way to sell your equipment and market it to our millions of buyers. At Ritchie Bros. Auctioneers, we promise to treat your data with respect and will not share your information with any third party. , AB VANCOUVER, BC, Aug. 8, 2021 /PRNewswire/ - Ritchie Bros., a leading global asset management, disposition, and services company; and Europe's leading plant and machinery auction house, Euro . Here are three of the biggest sellers in the auction: Your email address will not be published. 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. , AB Three-day auction attracted 12,600+ bidders from 65+ countries. Please see contact us Auction results News . Total revenue increased 24% year-over-year to $443.9 million. Inventory management system activations
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. This item will be selling through a Timed Auction. , Canada, Bolton $7.5 million share based payments expense. Sign Me Up Login. {0} must be between {1} and {2} characters. Cookie Preferences. $4.5B in gross transactional value: one of the world's largest sellers of used equipment on-site and online. $9.6 million of acquisition-related costs related to the proposed acquisition of Euro Auctions and the completed acquisitions of SmartEquip and Rouse. , Canada, The Pas , Canada, Steelman , Canada, Tangent 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. Please try again. , Canada, Bow Island 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. 2023-01-18 Wednesday Jan 18, 2023. . , SK , SK $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. Copyright 1999-2023 IronPlanet, Inc. All Rights Reserved. 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 . , Canada, Grayson , Canada, Salvador , MB , SK At Ritchie Bros. Auctioneers, we promise to treat your data with respect and will not share your information with any third party. 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"). 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). , Canada, Milden Industry. 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. , United States, View Past Located: Mont-Saint-Hilaire, QC. Required fields are marked *. , AB About Ritchie Bros. Auctioneers About Ritchie Bros. Careers Media Investors Blog Security Center. Start selling today. 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. , SK February 27, 2023. GlobalAuctionGuide.com 2001-2023 | Part of the Global Auction Guide Media Address Norwalk, CT. 06851 USA. (in U.S. dollars $millions, except percentages). Search IronPlanet's auction results. View options. Adjusting items for the year
, Canada, Las Vegas 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. Get Free Auction Results. , MB Subcategory: All Subcategories. , SK Bids per lots sold
, Canada, Killam , Canada, Medford Updated within 24 hours of the end of an auction. We also had an entire day dedicated to energy-specific equipment.. 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}
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