ritchie bros auction results

Auction Results: US$71+ million of equipment sold in Fort Worth, TX. 1-800-211-3983, View Website , Canada, Chehalis Other Ritchie Bros. Auctioneers offerings. , Canada, Lethbridge It's fast and free. Search Results Near Norwalk, CT General Store Manager Auto Collision Estimator Neonatal Nurse 8 of the Highest Paying Jobs in Norwalk, CT for 2023 . , AB Inventory sales revenue in Q1 2022 increased 19% to $149.1 million. Adjusted operating income represents operating income excluding the effects of adjusting items. $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. , NV , SK We will work with you to determine the best way to sell your equipment and market it to our millions of buyers. Bids per lots sold Investors should read the joint proxy statement/prospectus carefully before making any voting or investment decisions. Total number of organizations activated on the Business Inventory Management System increased by 465% year-over-year compared to 2021. PR Newswire. 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. Approximately 88% of the equipment in the September 20 22 auction was sold to U.S. buyers, including 42% sold to Texans. *The information collected will be retained in accordance with our privacy statement. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. , Canada, The Pas , MB Make: Model: Year: - . Inventory return increased 46% year-over-year to $74.7 million due to higher volume of inventory deals sourced, including from our strategic accounts in the United States primarily in the finance and rental sectors. Containers (2267) Excavator Attachments (2086) Industrial and Construction Supplies (2502) Other (4351 . On an adjusted basis, Ritchie Bros. says it earned 68 cents per diluted share, up from an adjusted profit . , France, Neilburg Keyword: Industry: All Industries. . : Inventory return divided by inventory sales revenue. This metric excludes GovPlanet transactions. Online Auction. , Italy, Chilliwack {0} must be between {1} and {2} characters. Solid execution from the at-risk team drove a robust 10.9% inventory rate. 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. , SK IronPlanet is the leading marketplace for the buying and selling of used equipment. , Canada, Leask This metric calculates the total number of bids received for a lot divided by the total number of lots sold. , Canada, Evansburg Last week we conducted 24 online auctions across the globe, selling more than 34,000 equipment items over six days. We conduct hundreds of public equipment auctions around the world each year for the construction, transportation, agricultural, real estate and other industries. $14.0 million of acquisition-related costs related to the proposed acquisition of Euro Auctions and the completed acquisitions of SmartEquip and Rouse. , Australia, Yorkton , AB , SK First sign in or create an account. Items were sold for close to 700 consignors, including Fort Worth-based land clearing company Thelin Recycling Co. We got a lot more for our equipment than we expected, said Bill Taylor, Equipment Manager for Thelin Recycling. , Canada, Hazenmore Get Shipping Quotes. , United States, Ocana If you have equipment to consign, please contact us today! , United States, St Aubin Sur Gaillon 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. We publish selling prices from our auct. Nisku Auctions. The remaining 8% was purchased by international buyers from as far away as Egypt, Poland, and Vietnam. Ritchie Bros. is so efficient, and they get your equipment in front of hundreds of thousands of potential equipment buyersits hard to beat! Forward looking statements are made as of the date of this news release and the Company does not undertake any obligation to update the information contained herein unless required by applicable securities legislation. $1.3 million loss due to the change in fair value of derivatives to manage our exposure to foreign currency exchange rate fluctuations on the purchase consideration for the proposed acquisition of Euro Auctions. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE REGISTRATION STATEMENT ON FORM S-4 AND THE RELATED JOINT PROXY STATEMENT/PROSPECTUS, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS AND ANY OTHER RELEVANT DOCUMENTS FILED OR TO BE FILED WITH THE SECAND APPLICABLE CANADIAN SECURITIES REGULATORY AUTHORITIESIN CONNECTION WITH THE PROPOSED IAA TRANSACTION OR INCORPORATED BY REFERENCE IN THE JOINT PROXY STATEMENT/PROSPECTUS, CAREFULLY AND IN THEIR ENTIRETY IF AND WHEN THEY BECOME AVAILABLE, BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT Ritchie Bros., IAA AND THE PROPOSED IAA TRANSACTION. 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. , WA To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. $4.5B in gross transactional value: one of the world's largest sellers of used equipment on-site and online. 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. Auction results News . Search IronPlanet's auction results. For the reasons set forth above, you should not place undue reliance on forward looking statements. , Canada, Saskatoon Three-day auction attracted 12,600+ bidders from 65+ countries. , Canada, Elm Creek $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. Last week we conducted 24 online auctions across the globe, selling more than 34,000 equipment items over six days. $5.4 million share based payments expense. Private Treaty, offering privately negotiated sales; and sector-specific solutions GovPlanet, TruckPlanet, and Ritchie Bros. Energy. Ritchie Bros. Feb 20, 2023, 07:00 ET. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the U.S. Securities Act of 1933, as amended, or pursuant to an exemption from, or in a transaction not subject to, such registration requirements. We define our key operating metrics as follows: Gross transaction value Simply select a category and click Search. Address Norwalk, CT. 06851 USA. , AB We are excited by the anticipated closing of the IAA acquisition and its expected impact to Ritchie Bros. for years to come. , TX , Canada, Outlook Investors and security holders may obtain copies of these documents (when they are available) free of charge through the website maintained by the SEC at www.sec.gov, SEDAR at www.sedar.com or from Ritchie Bros. at its website, investor.ritchiebros.com, or from IAA at its website, investors.iaai.com. , Germany, Newnan The unreserved online auction attracted more than 10,800 online bidders from 63 countries. , MB Debt / net income was 1.9x for the twelve months ended December 31, 2022. 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. Gain on property, plant and equipment in Q1 2022 was $169.1 million due to a sale of property located in Bolton, Ontario. , Canada, Hilda , AB The remaining 17% of the equipment . 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. , United States, Dunnigan In connection with the proposed IAA transaction, Ritchie Bros. filed with the SEC and applicable Canadian securities regulatory authorities a registration statement on Form S-4 to register the common shares of Ritchie Bros. to be issued in connection with the proposed IAA transaction on December 14, 2022 (the "Initial Registration Statement"), as amended by Amendment No. September 27, 2022. . Report Job. : Represents total proceeds from all items sold at the Company's auctions and online marketplaces. Dear SalvageSale customers, Ritchie Bros. Auctioneers' acquisition of IronPlanet has given us the tools and technology to provide customers like you more choices and improved platforms to buy, sell and list equipment online. C I M Charity Auction, USA. {0} can only contain letters and numbers. , SK Brexit. $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 Free Auction Results. , CO A free account gives you access to all the features of rbauction.com: We have encountered a server error. Make: Model: Year: - . The Company has also adjusted for certain non-recurring advisory, legal and restructuring costs. Mack E7 6 Cylinder 12 L Diesel 427 hp Engine, 2002 US EPA Label, 18041 Engine hrs, Engine Brake, Eaton Fuller 10-Speed Manual Transmission, Differential Lock, 12000 lb Front Axle, 38000 lb Rears, MACK Drive Axles, 50000 lb GVWR, Air Ride Cab, Aluminum Wheels, 11R24.5 Front Tires, 11R24.5 Rear Tires, Air Ride Suspension, 204 in Wheelbase, PTO, Wet Kit, Air Sliding 5th Wheel, Headache Rack, Dual . The company's Forward Dividend Ratio is 1.08, with its dividend yield at 1.83%. If you have equipment to consign, please contact us today! , Canada, Grimshaw Keyword: Industry: All Industries. Copyright 1999-2023 IronPlanet, Inc. All Rights Reserved. The Registration Statement was declared effective by the SEC on February 10, 2023. , Canada, Grayson Sell your equipment 3 3 (Day {0} of {1}) Sold for {0} on {1} {2} in {3} Selling today {0} in {1} Selling on {0} {1} in {2} All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. When the auction yard dust settled, Ritchie Bros. sold more than 11,200 items for US$213 million in the massive six-day event. "Ritchie Bros. delivered outstanding bottom line performance in 2022 with record $6.0 billion in GTV," said Ann Fandozzi, CEO of Ritchie Bros. "These results reflect the high bar we set for execution for our team and a strong focus on delivering value for our customers. We offer a wide range of unused and used equipment and trucks for sale: Examples of valid formats would be 000-0000 or 0000000. 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. , AB You may obtain free copies of these documents from Ritchie Bros. or IAA free of charge using the sources indicated above. , AB , SK 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. Online Auction. IronPlanet is the leading marketplace for the buying and selling of used equipment. $3.8 million share based payments expense. , SK Buy new and used heavy equipment and trucks for sale at our live unreserved public auctions from your home, office or jobsite. Your email address will not be published. Serial number or VIN: B722121701B. /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. , CA Sell your equipment. Ritchie Bros. has grown from a small-town auctioneer to a global asset management and disposition company. , NS 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. Information about the directors and executive officers of Ritchie Bros. is available in its definitive proxy statement on Schedule 14A for its 2022 Annual Meeting of Shareholders, which was filed with the SEC and applicable Canadian securities regulatory authorities on March 15, 2022, and certain of its Current Reports on Form 8-K. Information about IAA's directors and executive officers is available in IAA's definitive proxy statement on Schedule 14A for its 2022 Annual Meeting of Stockholders, which was filed with the SEC on May 2, 2022, and certain of its Current Reports on Form 8-K. Other information regarding persons who may be deemed participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, including information with respect to Mr. Smith, are contained or will be contained in the joint proxy statement/prospectus and other relevant materials filed or to be filed with the SEC and applicable Canadian securities regulatory authorities regarding the proposed IAA transaction when they become available. You can filter the results by year, make, model, type and location. Total revenue increased 24% year-over-year to $443.9 million. , SK Measures of liquidity are noted under "Liquidity and Capital Resources". 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. , SK February 27, 2023. 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. Ritchie Bros. sold more than 13,300 equipment items, trucks and vehicles at its Premier Global Auction in Orlando, FL, generating more than $244 million in gross transaction value. Review our account terms and conditions and privacy statement to learn more about accessing a free account and how we process information. Earnings per share attributable to stockholders: Weighted average number of share outstanding: Condensed Consolidated Balance Sheets(in U.S. dollars $000's, except share data)(Unaudited), Common stock; no par value, unlimited shares authorized, issued and, outstanding shares: 110,881,363 (December 31, 2021: 110,618,049), Condensed Consolidated Statements of Cash Flows(in U.S. dollars $000's)(Unaudited).