Darrell Scott Columbine, Traverse City Winery Shuttle, Omegabot Quizizz Hack V2, Veraguas, Panama Real Estate, Sylvania Funeral Home Sylvania, Ga, Articles R

After submitting your request, you will receive an activation email to the requested email address. Upcoming auctions; Auction results; Search over 87,427 items in inventory. , United States, Wilkie By providing your email address below, you are providing consent to Ritchie Bros. Auctioneers to send you the requested Investor Email Alert updates. The foregoing list is not exhaustive of the factors that may affect the Company's forward-looking statements. 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 . 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). : Represents total proceeds from all items sold at the Company's auctions and online marketplaces. Copyright 1999-2023 IronPlanet, Inc. All Rights Reserved. , United States, Dunnigan , AB , Canada, Carievale . Measures of liquidity are noted under "Liquidity and Capital Resources". 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. Ritchie Bros. Auctioneers Equipment For Sale. Forward-looking statements necessarily involve assumptions, risks and uncertainties, certain of which are beyond the Company's control, including the duration and impact of the COVID-19 pandemic on the Company's operations, the operations of customers, and general economic conditions, including inflation, rising interest rates and foreign exchange rate fluctuation; the numerous factors that influence the supply of and demand for used equipment; economic and other conditions in local, regional and global sectors; the risk that a condition to closing of the Company's pending acquisition of IAA may not be satisfied (or waived), that either party may terminate the merger agreement or that the closing of the proposed IAA transaction might be delayed or not occur at all; the Company's ability to successfully integrate acquired companies including IAA, and to receive the anticipated benefits of such acquisitions; the significant costs associated with the pending IAA transaction; potential business disruption following the public announcement or consummation of the proposed IAA transaction; and the risks and uncertainties set forth in the Company's Annual Report on Form 10-K for the year ended December 31, 2022 and our subsequent quarterly reports on Form 10-Q, which are available on the SEC, SEDAR, and Company websites. , Canada, Stockholm Three-day auction attracted 12,600+ bidders from 65+ countries. Equipment highlights included 330+ truck tractors, 120+ excavators, 40+ dozers, 20+ cranes, as well as directional drilling equipment, hundreds of trailers, and more. Remember me. We define our key operating metrics as follows: Gross transaction value $6.2 million share based payments expense. Search, register and bid at Ritchie Bros. auctions around the world on your Android mobile devices! You can filter the results by year, make, model, type and location. , SK , Canada, Balcarres Adjusted operating income represents operating income excluding the effects of adjusting items. {0} must be must be greater than 2 characters or be entered as "GD". We are excited by the anticipated closing of the IAA acquisition and its expected impact to Ritchie Bros. for years to come. , Canada, Colgate may be of interest to you, and that you understand you may unsubscribe at any time. Cash provided by operating activities was $463.1 million for 2022. {0} must be a valid date of the format YYYY-MM-DD. Address Norwalk, CT. 06851 USA. We offer a wide range of unused and used equipment and trucks for sale: , AB Muskrat Falls auction helps break new regional sales record for Ritchie Bros. 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. , NS First sign in or create an account. , Canada, Middle Lake 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. , Canada, Stony Plain , Canada, Rolling Hills , MB Email address. Please try again. Please refer to pages 14-15 for a summary of adjusting items for the three months ended December 31, 2022 and December 31, 2021. When you work with Ritchie Bros. everything is first class, said Cortney Laney, Vice President & Chief Operating Officer for MDS Boring & Drilling. , Canada, Brandon Ritchie Bros. is the world's largest auctioneer of used and unused heavy equipment. , Canada, Longmont Upcoming auctions; Auction results; Search over 93,979 items in inventory. $4.5B in gross transactional value: one of the world's largest sellers of used equipment on-site and online. $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. Ritchie Bros. is so efficient, and they get your equipment in front of hundreds of thousands of potential equipment buyersits hard to beat! Selling: Houston, TX, USA - Thu, Apr 13. Auction results News . , SK Our Main Office. , Canada, Glenbush , SK Easy-to-use, self-serve interface, automatic inventory upload. , BC Keyword: Industry: All Industries. Make: Model: Year: - . On an adjusted basis, Ritchie Bros. says it earned 68 cents per diluted share, up from an adjusted profit . , MD , United States, Polotitlan {0} can only contain letters and numbers. (All figures are presented in U.S. dollars), "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. New York. , SK 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. After submitting your request, you will receive an activation email to the requested email address. , Canada, Bow Island The unreserved online auction attracted more than 10,800 online bidders from 63 countries. , Canada, Hanley , Canada, Hilbre GlobalAuctionGuide.com 2001-2023 | Part of the Global Auction Guide Media 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. - C I M Charity Auction, USA - Wednesday Jan 18, 2023. Total number of organizations activated on the Business Inventory Management System increased by 465% year-over-year compared to 2021. We offer a wide range of unused and used equipment and trucks for sale: Diluted adjusted EPS attributable to stockholders eliminates the financial impact of adjusting items from net income attributable to stockholders that the Company does not consider to be part of the 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". *The information collected will be retained in accordance with our privacy statement. , Canada, Benito Email Auctioneer. , AB