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, Canada, Stockholm Research: Rating Action: Moody's confirms Ritchie Bros.' Ba2 CFR and , Australia, Yorkton 2018 Western Star 5700 For Sale (52292762) from Ritchie Bros 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. Revenue totalled US$443.9 million for the quarter, up from $359.4 million a year earlier. 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. , SK Ritchie Bros. Auctions. $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, Salvador Total lots sold Ritchie Bros. Sells More Than $244MM in Equipment at Auction in Orlando , SK Inventory return increased 56% year-over-year to $17.8 million due to higher volume of inventory deals, driven primarily by the rental sector within our strategic accounts in the United States. , Canada, Middle Lake , TX At Ritchie Bros. Auctioneers, we promise to treat your data with respect and will not share your information with any third party. Meter: 2163 Hours. Ritchie Bros. - Apps on Google Play New York. In addition, Canada saw an increased volume of inventory sold mainly in the commercial transportation and construction sectors. The company's Forward Dividend Ratio is 1.08, with its dividend yield at 1.83%. Cookie Preferences. , United Arab Emirates, Caorso Service revenue as a percent of GTV increased 80 bps year-over-year to 17.4%. Assistant Yard Manager Job in Phoenix, AZ at Ritchie Bros Auctioneers Solid execution from the at-risk team drove a robust 10.9% inventory rate. Total revenue increased 24% year-over-year to $443.9 million. , Canada, South Vienna , Canada, Porcupine Plain 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} , Canada, Vibank Online Auction. , WA 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. All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. $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. 2016 Western Star 4900 For Sale (52293209) from Ritchie Bros 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. There can be no assurance that forward-looking statements will prove to be accurate, and actual results may differ materially from those expressed in, or implied by, these forward-looking statements. Save my name, email, and website in this browser for the next time I comment. Auctions. , AB 2009 Mack GU813 For Sale (52292149) from Ritchie Bros. Auctioneers 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} Subscribe by clicking on the button below. The remaining 8% was purchased by international buyers from as far away as Egypt, Poland, and Vietnam. , AB Here are three of the biggest sellers in the auction: Your email address will not be published. A one-stop-shop for used equipment dealers and resellers. , Canada, Manitoba Construction Equipment Guide 470 Maryland Drive Fort Washington, PA 19034 800-523-2200 , Canada, Bow Island Buy new and used heavy equipment and trucks for sale at our live unreserved public auctions from your home, office or jobsite. 22,600+ bidders competing for 13,300+ items Last week we sold 13,300+ equipment items, trucks, and vehicles at our Premier Global. Required fields are marked *. , MB Ritchie Bros. Auctioneers The Registration Statement was declared effective by the SEC on February 10, 2023. , Canada, Benito , Canada, North Battleford $5.6 million share based payments expense. $3.0 million of acquisition-related costs related to the acquisition of Rouse. $6.2 million share based payments expense. , SK Inventory rate , Canada, Stump Lake Ritchie Bros. is so efficient, and they get your equipment in front of hundreds of thousands of potential equipment buyersits hard to beat! Diluted adjusted EPS attributable to stockholders is calculated by dividing adjusted net income attributable to stockholders, net of the effect of dilutive securities, by the weighted average number of dilutive shares outstanding. Ritchie Bros. reports fourth quarter 2022 results , SK Keyword: Industry: All Industries. 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. Serving a broad range of industries, including construction, mining, over the road trucking, agriculture, government assets, automotive as well as oil and gas, we have conducted successful internet auctions since 1999 and sold more than $4 billion of equipment. Brexit. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. , United States, Jebel Ali Free Zone , Canada, Tangent 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. We have encountered a server error. A lot is defined as a single asset to be sold, or a group of assets bundled for sale as one unit. Ive been selling with Ritchie Bros. since 2007 and they always do the best they can to get the most money possible for our equipment.. Read more. 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. Measures of liquidity are noted under "Liquidity and Capital Resources". Category: All Categories. Ritchie Hub - Blog 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 . 78 weekly online auctions. View All Ritchie Bros. Auctioneers Videos. , SK : Each bid is completed electronically through our real-time online bidding system. 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. Whether you're buying or selling equipment, it pays to have the latest equipment pricing information. Containers (2267) Excavator Attachments (2086) Industrial and Construction Supplies (2502) Other (4351 . Ritchie Bros. reports third quarter 2022 results 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. , Canada, Debert Used Heavy Equipment for Sale | Heavy Equipment Auctions | Ritchie Bros , Canada, Balcarres VANCOUVER, BC, and WESTCHESTER, Ill. -November 7, 2022 - Ritchie Bros. Auctioneers Incorporated (NYSE: RBA) (TSX: RBA), (the "Company" or "Ritchie Bros.") and IAA, Inc. (NYSE: IAA), today announced that they have entered into a definitive agreement under which Ritchie Bros. will acquire IAA in a stock and cash transaction valued at approximately $7.3 billion including the assumption of . Upcoming auctions; Auction results; Search over 93,979 items in inventory. , Canada, Stony Plain Auction Results. Please refer to pages 14-15 for a summary of adjusting items during the three months ended December 31, 2022 and December 31, 2021. party promotions, as well as product and/or service information, including that of third parties, that Filter. 2023 AGROTK B7 No Till Drill (Unused) | Ritchie Bros. Auctioneers Approximately 92% of the equipment in the October 25 28 auction was sold to Canadians, including 61% purchased by Albertans. The increase was also due to higher operating income and a lower effective tax rate, partially offset by $9.7 million primarily relating to higher interest expense from our 2021 Notes and a loss on redemption. Ritchie Bros. - C I M Charity Auction, USA - Rabu, 18 01 2023. Equipment highlights in the October Edmonton auction included 140+ truck tractors, 85+ excavators, 60+ skid steers, 60+ dozers, 25+ pipelayers, forestry equipment, and more. , MB , AB $7.5 million share based payments expense. , Canada, Handel 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. $3.4 million of acquisition-related costs related to the proposed acquisition of Euro Auctions and the completed acquisitions of SmartEquip and Rouse. , Canada, Langbank Review our account terms and conditions and privacy statement to learn more about accessing a free account and how we process information. Service revenue increased 11% year-over-year, driven by solid contribution from both Auctions & Marketplace ("A&M") and positive growth from our Other Services. Inventory management system activations , SK $1.3 million gain due to the change in fair value of derivatives to manage exposure to foreign currency exchange rate fluctuations on the purchase consideration for the proposed acquisition of Euro Auctions. , Canada, Perris GTV increased 9% year-over-year to $6.0 billion driven by continued strong demand, strong asset pricing and higher lot counts, partially offset by an unfavourable impact of foreign exchange and an unfavorable asset mix. $8.8 million share based payments expense. Add to Watchlist. 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 . Operating in a number of sectors, including construction, commercial transportation, agriculture, energy, mining, and forestry, the company's selling channels include: Ritchie Bros. Auctioneers, the world's largest industrial auctioneer offering live auction events with online bidding; IronPlanet, an online marketplace with weekly featured auctions and providing the exclusive IronClad Assurance equipment condition certification; Marketplace-E, a controlled marketplace offering multiple price and timing options; Ritchie List, a self-serve listing service for North America; Mascus, a leading European online equipment listing service; Ritchie Bros. {0} must be a valid date of the format YYYY-MM-DD. : Number of organizations activated on IMS. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. 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. 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. Ritchie Bros. sells $213 million of equipment in sweeping six-day 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. , MB , United States, Wilkie Adjusted net debt is calculated by subtracting cash and cash equivalents from short and long-term debt. Serving a broad range of industries, including construction, mining, over the road trucking, agriculture, government assets, automotive as well as oil and gas, we have conducted successful internet auctions since 1999 and sold more than $4 billion of equipment. Adjusted net debt/Adjusted EBITDA is calculated by dividing adjusted net debt by adjusted EBITDA. It's fast and free. New to our site? Access some of the most up-to-date equipment pricing information available online, Two-year's worth of equipment selling prices, Updated within 24 hours of the end of an auction, Determine the approximate value of specific equipment in today's marketplaces, Research residual value of specific equipment makes and models, Discover where equipment and trucks for specific industries are in demand, Compare selling prices of equipment based on make, model, year or even location. Ritchie Bros. auction in Houston hits US$61+ million {0} must be between {1} and {2} characters. Approximately 88% of the equipment in the September 20 22 auction was sold to U.S. buyers, including 42% sold to Texans. , AB Keyword: Industry: All Industries. Upcoming auctions; Auction results; Search over 87,427 items in inventory. $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. Selling: Houston, TX, USA - Thu, Apr 13. Sell your equipment. Your email address will not be published. By providing your email address below, you are providing consent to Ritchie Bros. Auctioneers to send you the requested Investor Email Alert updates.