Our customers in the energy sector benefitted greatly from selling their construction and transportation assets in Fort Worth, with a massive global audience watching. , Canada, Milden At Ritchie Bros. Auctioneers, we promise to treat your data with respect and will not share your information with any third party. , TX $3.8 million share based payments expense. Easy-to-use, self-serve interface, automatic inventory upload. Ritchie Bros. Auctioneers Equipment For Sale. : Represents total proceeds from all items sold at the Company's auctions and online marketplaces. , Canada, Porcupine Plain , Canada, Stump Lake Whether you're buying or selling equipment, it pays to have the latest equipment pricing information. , SK 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. 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.. Investors should read the joint proxy statement/prospectus carefully before making any voting or investment decisions. Please try again. Sell your equipment. The company's Forward Dividend Ratio is 1.08, with its dividend yield at 1.83%. 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.. 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"). 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. $8.4 million amortization of acquired intangible assets primarily from the acquisitions of Iron Planet, SmartEquip, and Rouse. , Canada, Assiniboia , United States, St Aubin Sur Gaillon 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. Ritchie List - Heavy Equipment, Machinery & Truck Listings Ritchie Bros. is the world's largest auctioneer of used and unused heavy equipment. 1-800-211-3983, View Website , Canada, Mossleigh You can sign up for additional alert options at any time. $2.6 million of non-recurring advisory, legal and restructuring costs, which include $1.4 million of terminated and ongoing transaction and legal costs relating to mergers and acquisition activity, $0.7 million of SOX remediation costs relating to efforts to remediate the material weaknesses identified in 2020, and $0.5 million of advisory costs relating to a cybersecurity incident detected in the fourth quarter of 2021. The following table reconciles adjusted net income attributable to stockholders and diluted adjusted EPS attributable to stockholders to net income attributable to stockholders and diluted EPS attributable to stockholders, which are the most directly comparable GAAP measures in the consolidated financial statements. , Canada, Bruno Id like to thank Ritchie Bros. and its employees for their professionalism throughout the entire consignment processthey were so friendly, polite, and respectful. Ritchie Bros. next Texas auction will be held at its Fort Worth site, with onsite bidding and events, on June 19 21. Last week Ritchie Bros. sold 13,300+ equipment items, trucks, and vehicles at its Premier Global Auction in Orlando, FL, generating US$244+ million in gross transaction value. US$244+ million of equipment sold in our 2023 Premier Global Auction in Orlando, FL. {0} can only contain letters and numbers. , SK $1.1 million gain recognized on the sale of a property in Denver, Colorado. Required fields are marked *. , SK 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. View original content:https://www.prnewswire.com/news-releases/ritchie-bros-reports-fourth-quarter-2022-results-301752127.html. , SK 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 . 400+ unreserved onsite auctions with online bidding. 2009 Mack GU813 For Sale (52292149) from Ritchie Bros. Auctioneers , SK Service revenue in Q1 2022 increased 19% to $244.9 million. We're the auction expertsand we've been helping people around the world buy and sell with confidence since 1958. , MB Email Auctioneer. Through our family of companies, we help our customers buy and sell a wide range of used and unused equipment for construction, mining, transportation, agriculture, oil & gas, lifting & material handling, forestry & other industries. Report Job. $2.0 million of acquisition-related costs primarily relating to the share-based continuing employment costs for the acquisitions of Rouse and SmartEquip. Debt / net income was 1.9x for the twelve months ended December 31, 2022. $169.8 million gain recognized on the disposition of property, plant and equipment of which $169.1 million related to the sale of a property located in Bolton, Ontario. This metric excludes GovPlanet transactions. SalvageSale , United States, Arran , Canada, Fox Valley /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. Used Heavy Equipment for Sale | Heavy Equipment Auctions | Ritchie Bros About this app. , Canada, Hanley You may obtain free copies of these documents from Ritchie Bros. or IAA free of charge using the sources indicated above. Assistant Yard Manager Job in Phoenix, AZ at Ritchie Bros Auctioneers 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. , Canada, Gilbert Plains , Canada, Eston $8.8 million share based payments expense. We sold more than 450 items in last weeks Houston auction and were extremely happy with the results. Add to Watchlist. IronPlanet - Auction Results $2.9 million of acquisition-related costs related to the acquisition of Rouse. Support Contact us Frequently Asked . Thanks to technology and our hardworking teams, its easier than ever to sell equipment from anywhere, which is a huge benefit for our customers.. {0} is an invalid phone number format. Our newsletter is the best way to keep up with all current auctions in your area! , Canada, Longmont How to bid on this item. , AB You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. We publish selling prices from our auct. Auctions. , AB 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 are excited by the anticipated closing of the IAA acquisition and its expected impact to Ritchie Bros. for years to come. , MB /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. , Canada, Las Vegas , Canada, Colonsay Read more. , AB This metric excludes GovPlanet transactions. . , NS Our latest changes to Salvage Sale were designed to improve user experience, as well as grant more exposure to our inventory. Total lots sold , Canada, Handel The June 21 - 23 auction attracted more than 10,000 bidders from the 5,900 . $8.2 million amortization of acquired intangible assets primarily from the acquisitions of Iron Planet, SmartEquip, and Rouse. Private Treaty, offering privately negotiated sales; and sector-specific solutions GovPlanet, TruckPlanet, and Ritchie Bros. Energy. , SK Documents filed with the SEC and applicable Canadian securities regulatory authorities by Ritchie Bros. (when they are available) will be available free of charge by accessing the website of Ritchie Bros. at investor.ritchiebros.com under the heading Financials/SEC Filings, or, alternatively, by directing a request by telephone or mail to Ritchie Bros. at 9500 Glenlyon Parkway, Burnaby, BC, V5J 0C6, Canada, and documents filed with the SEC by IAA (when they are available) will be available free of charge by accessing IAA's website at investors.iaai.com or by contacting IAA's Investor Relations at investors@iaai.com. 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 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. , MB 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. | Ritchie Bros. Auctioneers A free account gives you access to all the features of rbauction.com: We have encountered a server error. See the equipment prices. 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. Service revenue increased 14% year-over-year driven by higher buyer fees implemented in early 2022 and revenue growth from our Other Services. {0} can only contain letters, numbers, dash (-) and dot (.). {0} must be must be greater than 2 characters or be entered as "GD". To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. , Canada, Benito , Canada, Young Ritchie Bros. reports third quarter 2022 results $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. , AB , AB , Canada, Congress Please see contact us Ritchie Bros. Feb 20, 2023, 07:00 ET. 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, Wakaw , SK Adjusting operating income eliminates the financial impact of adjusting items from operating income, which are significant recurring and non-recurring items that the Company does not consider to be part of its normal operating results, such as share-based payments expense, acquisition-related costs, amortization of acquired intangible assets, management reorganization costs, and certain other items, which the Company refers to as "adjusting items". , SK , Canada, Colgate , Canada, Radville Subcategory: All Subcategories. , MB , Canada, Balcarres GTV increased 12% when excluding the impact of foreign exchange. How to bid on this item. As long as you're connected you can bid. : A single asset to be sold, or a group of assets bundled for sale as one unit. , AB $1.1 million of non-recurring advisory, legal and restructuring costs, which include $0.6 million of terminated and ongoing transaction and legal costs relating to mergers and acquisition activity, $0.3 million of 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, and $0.2 million of advisory costs relating to a cybersecurity incident detected in the fourth quarter of 2021. , SK Subcategory: All Subcategories. {0} must be a valid date of the format YYYY-MM-DD. A one-stop-shop for used equipment dealers and resellers. Total number of organizations activated on the Business Inventory Management System increased by 465% year-over-year compared to 2021. Ritchie Bros. Auctioneers: Coming Out Of The Auction , Canada, Bolton , BC $13.6 million share based payments expense. The following table reconciles adjusted EBITDA to net income, which is the most directly comparable GAAP measure in, or calculated from, the consolidated financial statements: Adjusted EBITDA is calculated by adding back depreciation and amortization, interest expense, income tax expense, and subtracting interest income from net income, as well as adding back share-based payments expense, acquisition-related costs, loss (gain) on disposition of property, plant and equipment, change in fair value of derivatives, non-recurring advisory, legal and restructuring costs which includes terminated and ongoing transaction costs, and excluding the effects of any non-recurring or unusual adjusting items.