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. , SK Register to bid online. GTV increased 9% when excluding the impact of foreign exchange. SalvageSale *The information collected will be retained in accordance with our privacy statement. *The information collected will be retained in accordance with our privacy statement. business through its divisions, to receive emails containing news, updates and promotions, including third First sign in or create an account. Inventory sales revenue in Q1 2022 increased 19% to $149.1 million. The . Ritchie Bros. Auctioneers (http://www.rbauction.com) is the world's largest auctioneer of heavy equipment and trucks. {0} must be between {1} and {2} characters. Auction Results: US$71+ million of equipment sold in Fort Worth, TX. , MB Auction Results: US$86+ million of equipment sold in Fort Worth When you work with Ritchie Bros. everything is first class, said Cortney Laney, Vice President & Chief Operating Officer for MDS Boring & Drilling. 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 . At Ritchie Bros. Auctioneers, we promise to treat your data with respect and will not share your information with any third party. We sold more than 450 items in last weeks Houston auction and were extremely happy with the results. Achieves full year record GTV of $6.0 billion. If you experience any issues with this process, please contact us for further assistance. Ritchie Bros. is hosting a conference call to discuss its financial results for the quarter ended June 30, 2022 at 8am Pacific time . Ritchie Bros. reports fourth quarter 2022 results, https://www.prnewswire.com/news-releases/ritchie-bros-reports-fourth-quarter-2022-results-301752127.html, Total revenue increased 24% year-over-year to $443.9 million, Service revenue increased 11% year-over-year to $272.5 million, Inventory sales revenue increased 50% year-over-year to $171.3 million, Net income increased 48% year-over-year to $45.3 million, Diluted earnings per share increased 48% year-over-year to $0.40 per share, GTV increased 9% year-over-year to $6.0 billion or 12% year-over-year when excluding the impact of foreign exchange, Total revenue increased 22% year-over-year to $1.7 billion, Service revenue increased 14% year-over-year to $1.1 billion, Inventory sales revenue increased 37% year-over-year to $683.2 million, Net income increased 110% year-over-year to $319.8 million, Diluted earnings per share increased 110% year-over-year to $2.86 per share, Diluted adjusted earnings per share increased 24% year-over year to $2.41 per share, Adjusted EBITDA increased 21% year-over-year to $465.2 million. , Canada, Grayson , AB We publish selling prices from our auct. , Canada, Stony Plain ", In addition, Eric Jacobs, CFO of Ritchie Bros. added, "we are pleased with our continued strong financial performance in the fourth quarter. Operating margins came in at . , MB Required fields are marked *. This increase in mix was mainly driven by our strategic accounts in the United States. 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. Construction Equipment Guide 470 Maryland Drive Fort Washington, PA 19034 800-523-2200 How to bid on this item. , Canada, Brandon Here are three of the biggest sellers in the auction: Your email address will not be published. Examples of valid formats would be 000-0000 or 0000000. "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 . Adjusted Net Debt and Adjusted Net Debt/Adjusted EBITDA ReconciliationThe Company believes that comparing adjusted net debt/adjusted EBITDA on a trailing 12month basis for different financial periods provides useful information about the performance of its operations as an indicator of the amount of time it would take to settle both the Company's short and long-term debt. , GA These adjustments in 2021 have been applied retrospectively to all periods presented, as applicable. C I M Charity Auction, USA. About Us | Ritchie Bros. Auctioneers , SK , Canada, Tangent Auction Results: 10,000+ items sold for CA$99+ million in Edmonton, AB , SK Past Heavy Equipment Auctions | Ritchie Bros. Auctioneers , AB , Canada, Rouleau Revenue totalled US$443.9 million for the quarter, up from $359.4 million a year earlier. , Canada, Canora Email Auctioneer. , BC Plant and Agricultural Machinery | Ritchie Bros. Auctioneers | Ritchie Senior Front End Web Developer Job in Norwalk, CT at Ritchie Bros 2009 Mack GU813 (52292149), 6 Cylinder 12.7 L Diesel Engine LOCATED-IN-BOLTON-ON, Closing Time: 2023-02-28 11:35:15 AM from Ritchie Bros. Auctioneers , Canada, Vibank , Canada, Stockholm , SK Total lots sold , Canada, High Prairie Forward-looking StatementsThis news release contains forward-looking statements and forward-looking information within the meaning of applicable U.S. and Canadian securities legislation (collectively, "forward-looking statements"), including, in particular, statements regarding future financial and operational results and growth and value prospects and payment of dividends. With the market capitalization of Ritchie Bros. Auctioneers Incorporated currently standing at about $6.71 billion, investors are eagerly awaiting this quarter's results, scheduled for May 08, 2023 - May 12, 2023. We offer a wide range of unused and used equipment and trucks for sale: 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. Conference call and webcast details are available at the following link:https://investor.ritchiebros.com. Auction Results: 10,000+ items sold for CA$99+ million in Edmonton, AB October 29, 2022 October 31, 2022. . , Canada, Athabasca Inventory return Online Auction. The Company's suite of solutions also includes Ritchie Bros. Asset Solutions and Rouse Services LLC, which together provides a complete end-to-end asset management, data-driven intelligence and performance benchmarking system; SmartEquip, an innovative technology platform that supports customers' management of the equipment lifecycle and integrates parts procurement with both OEMs and dealers; plus equipment financing and leasing through Ritchie Bros. Financial Services. First sign in or create an account. , Canada, Roblin , Canada, Rycroft . 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. 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. Approximately 92% of the equipment in the October 25 28 auction was sold to Canadians, including 61% purchased by Albertans. On an adjusted basis, Ritchie Bros. says it earned 68 cents per diluted share, up from an adjusted profit . , Canada, Schuler , Canada, Meppen Register to bid online. Password Forgot password? $1.1 million gain recognized on the sale of a property in Denver, Colorado. Review our account terms and conditions and privacy statement to learn more about accessing a free account and how we process information. 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. Add to Watchlist. In addition, Canada saw an increased volume of inventory sold mainly in the commercial transportation and construction sectors. Industry. , SK , Canada, James River Bridge Get Free Auction Results. , Canada, Assiniboia , Canada, Young We offer a wide range of unused and used equipment and trucks for sale: Ritchie Bros. Auctioneers {0} can only contain letters and numbers. , SK It's fast and free. Your email address will not be published. , Canada, Lake Lenore We also had an entire day dedicated to energy-specific equipment.. Ritchie Bros. reports fourth quarter 2022 results 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. , SK This metric excludes GovPlanet transactions. Ritchie Bros. reports second quarter 2022 results 2008 Sterling 4500 For Sale (52292390) from Ritchie Bros. Auctioneers