ritchie bros auction results

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. The unreserved online auction attracted more than 10,800 online bidders from 63 countries. . 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.". You can unsubscribe to any of the investor alerts you are subscribed to by visiting the 'unsubscribe' section below. On August 3, 2022, the Company declared a quarterly cash dividend of $0.27 per common share, payable on September 14, 2022 to shareholders of record on August 24, 2022. 78 weekly online auctions. , AB The June 21 - 23 auction attracted more than 10,000 bidders from the 5,900 . , SK $8.8 million share based payments expense. When the auction yard dust settled, Ritchie Bros. sold more than 11,200 items for US$213 million in the massive six-day event. Create a free account: it's fast, free and gives you full access to our website features. Service revenue increased 14% year-over-year driven by higher buyer fees implemented in early 2022 and revenue growth from our Other Services. Support Contact us Frequently Asked . , NS , MB Start selling today. It's fast and free. The remaining 8% was purchased by international buyers from as far away as Egypt, Poland, and Vietnam. , United States, Ocana 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. Adjusting items for the year Service revenue as a percent of GTV increased 90 bps year-over-year to 17.6%. $5.6 million share based payments expense. , MB $4.5B in gross transactional value: one of the world's largest sellers of used equipment on-site and online. Containers (2267) Excavator Attachments (2086) Industrial and Construction Supplies (2502) Other (4351 . GTV increased 12% when excluding the impact of foreign exchange. , SK 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 , Canada, Manitoba , SK $13.6 million share based payments expense. C I M Charity Auction, USA. February 14 - 16 unreserved auction attracted 14,500+ bidders to compete for 6,500+ items. This news release references non-GAAP measures. Ritchie Bros. Feb 20, 2023, 07:00 ET. : Inventory sales revenue less cost of inventory sold. , AB $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. Other costs of services increased 91% year-over-year to $10.6 million mainly due to the acquisition of SmartEquip. , Canada, Bolton The largest of these events took place in Houston, TX, where we sold US$63+ million of equipment online for approximately 700 consignors. Save my name, email, and website in this browser for the next time I comment. Low value assets are sometimes bundled into a single lot, collectively referred to as "small value lots". About Ritchie Bros.Established in 1958, Ritchie Bros. (NYSE and TSX: RBA) is a global asset management and disposition company, offering customers end-to-end solutions for buying and selling used heavy equipment, trucks and other assets. Account holders can access 24 months of selling prices through Auction Results. , MD $5.4 million share based payments expense. , SK Email address. Operating margins came in at . $3.8 million share based payments expense. Important Additional Information and Where to Find It. Account holders can access 24 months of selling prices through Auction Results. A one-stop-shop for used equipment dealers and resellers. Last week we conducted 24 online auctions across the globe, selling more than 34,000 equipment items over six days. , SK Subscribe by clicking on the button below. 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. , SK {0} can only contain letters, numbers, dash (-) and dot (.). Other Services selling, general and administrative expenses increased 29% year-over-year to $20.3 million due to higher labor costs from investments made for our growth initiatives in RBFS and Rouse, and the inclusion of SmartEquip. You can sign up for additional alert options at any time. 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 . Examples of valid formats would be 000-0000 or 0000000. , AB , SK , United States, St Aubin Sur Gaillon $2.3 million of non-recurring advisory, legal and restructuring costs, which include $0.9 million related to 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, $0.5 million of terminated and ongoing transaction and legal costs relating to mergers and acquisition activity, $0.4 million of SOX remediation costs, and $0.6 million of advisory costs relating to a cybersecurity incident detected in the fourth quarter of 2021. Get inventory updates. , MB B723010601B. Whether you're buying or selling equipment, it pays to have the latest equipment pricing information. Group. GTV increased 9% when excluding the impact of foreign exchange. Report Job. 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. , SK , Mexico, Lake Worth , SK Total number of organizations activated on the Business Inventory Management System increased by 465% year-over-year compared to 2021. 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. , Canada, Colonsay , Canada, Swan River 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. Subcategory: All Subcategories. 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. , Canada, Young Second Quarter 2022 Earnings Conference Call. How to bid on this item. Adjusted net debt is calculated by subtracting cash and cash equivalents from short and long-term debt. They have the best marketing, reach the most buyers, and will get you the most money for your equipment. , Canada, Reston , AB September 27, 2022. Service revenue in Q1 2022 increased 19% to $244.9 million. Examples of valid formats would be 000-0000 or 0000000. We're trusted worldwide because we make buying and selling heavy equipment and trucks easy, efficient, fair, and transparent. , SK We publish selling prices from our auct. After submitting your request, you will receive an activation email to the requested email address. Auction Results: CA$65+ million of equipment sold in Edmonton, AB, SmartEquip celebrates record global network growth, Visit Ritchie Bros. at CONEXPO/CON-AGG this March, Highest selling heavy construction equipment sold on GovPlanet, Everything you need to know about Humvee vehicles, Equipment inspection tips: skid steer loaders, When to buy, lease or rent used heavy equipment or trucks. , Canada, Vegreville Here are three of the biggest sellers in the auction: Your email address will not be published. , SK About Ritchie Bros. Auctioneers About Ritchie Bros. Careers Media Investors Blog Security Center.

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