, Canada, Glenbush , SK Category: All Categories. Adjustments for items not affecting cash: Net changes in operating assets and liabilities, Net cash provided by operating activities, Proceeds on disposition of property, plant and equipment, Net cash provided by (used in) investing activities, Proceeds from exercise of options and share option plans, Payment of withholding taxes on issuance of shares, Net increase (decrease) in short-term debt, Effect of changes in foreign currency rates on cash, cash equivalents, and restricted cash, Cash, cash equivalents, and restricted cash, end of period. , Canada, Teulon , SK Report Job. 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. October Market Trends dives into aerial equipment, 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. The Company does not consider this to be a measure of its liquidity, which is its ability to settle only short-term obligations, but rather a measure of how well it funds liquidity. 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. Search, register and bid at Ritchie Bros. auctions around the world on your Android mobile devices! Adjusted EBITDA increased 24% driven by high flow through revenue growth of 24%. The June 21 - 23 auction attracted more than 10,000 bidders from the 5,900 . 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. Buy new and used heavy equipment and trucks for sale at our live unreserved public auctions from your home, office or jobsite. Copyright 1999-2023 IronPlanet, Inc. All Rights Reserved. Please see contact us , SK Your email address will not be published. , AB This document is not a substitute for the joint proxy statement/prospectus or registration statement or any other document that Ritchie Bros. or IAA may file with the SEC and/or applicable Canadian securities regulatory authorities. 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. *The information collected will be retained in accordance with our privacy statement. IronPlanet is the leading marketplace for the buying and selling of used equipment. September 27, 2022. The Company uses adjusted EBITDA as a key performance measure because the Company believes it facilitates operating performance comparisons from period to period and provides management with the ability to monitor its controllable incremental revenues and costs. The December 13 - 15 Fort Worth auction attracted more than 12,600 registered bidders from 65+ countries, which is new . Through our broad global buyer base of registered users, we continue to do what we've done for over a decade: deliver fair market value for equipment. Our newsletter is the best way to keep up with all current auctions in your area! When you work with Ritchie Bros. everything is first class, said Cortney Laney, Vice President & Chief Operating Officer for MDS Boring & Drilling. , AB 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. $8.5 million amortization of acquired intangible assets primarily from the acquisitions of Iron Planet, SmartEquip, and Rouse. $6.2 million share based payments expense. , Canada, Langbank , Canada, Shamrock Keyword: Industry: All Industries. 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. , United States, Wilkie , AB {0} is an invalid phone number format. Sort by: Type. Achieves full year record GTV of $6.0 billion. , Canada, Balcarres business through its divisions, to receive emails containing news, updates and promotions, including third It's fast and free. {0} is an invalid phone number format. , Canada, Saskatoon 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. 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. Ritchie Bros. sells 13,300+ items for US$244+ million in its 2023 Premier Global Auction in Orlando, FL (CNW Group/Ritchie Bros.) The February 20 - 24, 2023 auction attracted 22,600+ people from . Our Houston yard was very busy leading up to the auction with customers inspecting, testing, and comparing items prior to bidding online, said Chuck Roberson, Regional Sales Manager, Ritchie Bros. As expected, we continue to drive strong pricing for late-model, low-hour equipment and trucks, resulting in a lot of happy consignors., With Ritchie Bros., everything is first class. Review our account terms and conditions and privacy statement to learn more about accessing a free account and how we process information. 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. 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 . Required fields are marked *. , Germany, Newnan Please try again. , Canada, Hilda Bidding is open, transparent and fair no minimum bids, and no reserve prices. , Canada, Chehalis Upcoming auctions; Auction results; Search over 87,427 items in inventory. The foregoing list is not exhaustive of the factors that may affect the Company's forward-looking statements. Selling prices of similar items. , SK At Ritchie Bros. Auctioneers, we promise to treat your data with respect and will not share your information with any third party. Private Treaty, offering privately negotiated sales; and sector-specific solutions GovPlanet, TruckPlanet, and Ritchie Bros. Energy. 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. The Registration Statement was declared effective by the SEC on February 10, 2023. 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). $5.6 million share based payments expense. , Canada, Tangent , SK 1-800-211-3983, View Website consent to Glacier Farm Media LP, on its own behalf and on behalf of its affiliates, and carrying on Approximately 88% of the equipment in the September 20 22 auction was sold to U.S. buyers, including 42% sold to Texans. Ritchie Bros. Auctions. Account holders can access 24 months of selling prices through Auction Results. 2001 Kenworth T800 6x4 T/A Dump Truck . 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. 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. , Canada, Milden How it works Buying Selling . Buy used equipment. Online Auction. {0} can only contain letters and numbers. , NS , Canada, Lethbridge 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. Debt / net income was 1.9x for the twelve months ended December 31, 2022. , Canada, Gilbert Plains Cash provided by operating activities was $463.1 million for 2022. Required fields are marked *. , SK : Inventory sales revenue less cost of inventory sold. , Canada, Minitonas
, Canada, Porcupine Plain , TX 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. Ritchie Bros. to host Fourth Quarter 2022 Results Earnings Conference Call on February 21st, 2023. , Canada, Vibank , Canada, Eston Investors should read the joint proxy statement/prospectus carefully before making any voting or investment decisions. , Canada, Lake Lenore Easy-to-use, self-serve interface, automatic inventory upload. Examples of valid formats would be 000-0000 or 0000000. Revenue totalled US$443.9 million for the quarter, up from $359.4 million a year earlier. , Canada, Longmont 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. Ritchie Bros. is the world's largest auctioneer of used and unused heavy equipment.
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