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Auctioneers: , Canada, Steelman List inventory and reach more qualified leads than ever before through the strength of Ritchie Bros.' global buyer network and reputation as the leading equipment marketplace. By providing your email address below, you are providing consent to Ritchie Bros. Auctioneers to send you the requested Investor Email Alert updates. Examples of valid formats would be 000-0000 or 0000000. Each of Ritchie Bros. and IAA may also file other relevant documents with the SEC and/or applicable Canadian securities regulatory authorities regarding the proposed IAA transaction. Our latest changes to Salvage Sale were designed to improve user experience, as well as grant more exposure to our inventory. Apr 11, 2023 Ritchie Bros. Auctioneers - Farm Auction Middle Lake , SK Apr 8 (9 AM) - Apr 11 (9 AM) Unreserved Online Timed Equipment Consignment Auction, Saskatchewan 23DK Apr 11, 2023 Team Sekura Auctions - Farm Auction , SK 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. Ritchie Bros. - C I M Charity Auction, USA - Wednesday Jan 18, 2023. , Netherlands, Australia , SK Burnaby, BC, CA, 1-800-211-XXXX (Click to reveal) : Inventory sales revenue less cost of inventory sold. , Canada, Canora On August 3, 2022, the Company declared a quarterly cash dividend of $0.27 per common share, payable on September 14, 2022 to shareholders of record on August 24, 2022. About Ritchie Bros. Auctioneers About Ritchie Bros. Careers Media Investors Blog Security Center. , United States, Dunnigan , SK *The information collected will be retained in accordance with our privacy statement. Remember me. , ON , Canada, Las Vegas , BC $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. 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. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the 'unsubscribe' section below. , Canada, Schuler Home > Auction Results. 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. , Canada, Rolling Hills You can filter the results by year, make, model, type and location. Ritchie Bros. is hosting a conference call to discuss its financial results for the quarter ended June 30, 2021 at 8am Pacific time / 11 am Eastern time / 4pm GMT on August 6, 2021. , AB {0} must be must be greater than 2 characters or be entered as "GD". 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. , SK $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. Inventory rate , SK , Canada, Medford February 27, 2023. , Canada, Langbank C I M Charity Auction, USA. Total lots sold Construction Equipment Guide 470 Maryland Drive Fort Washington, PA 19034 800-523-2200 At Ritchie Bros. Auctioneers, we promise to treat your data with respect and will not share your information with any third party. , United States, Jebel Ali Free Zone 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. Ritchie Bros. Auctioneers Equipment For Sale. This metric excludes GovPlanet transactions. 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 . Inventory management system activations 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). Subscribe by clicking on the button below. 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. $1.5 million of non-recurring advisory, legal and restructuring costs, which include $1.1 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 during the first quarter of 2022 driven by our strategy to build a new digital technology platform, and $0.1 million of advisory costs relating to a cybersecurity incident detected in the fourth quarter of 2021. Bidding is open, transparent and fair no minimum bids, and no reserve prices. Review our account terms and conditions and privacy statement to learn more about accessing a free account and how we process information. Ritchie Bros. - Tipton, CA, USA - Kamis, 22 12 2022. . , AB 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. , AB ", In addition, Eric Jacobs, CFO of Ritchie Bros. added, "we are pleased with our continued strong financial performance in the fourth quarter. , MB Copyright 1999-2023 IronPlanet, Inc. All Rights Reserved. , CA {0} is an invalid phone number format. $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. (in U.S. dollars $000's, except share and per share data, and percentages), Loss on redemption of the 2021 Notes and certain related interest expense, Adjusted net income attributable to stockholders, Weighted average number of dilutive shares outstanding, Diluted adjusted earnings per share attributable to Stockholders. 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. , MD , Canada, Evansburg *The information collected will be retained in accordance with our privacy statement. On an adjusted basis, Ritchie Bros. says it earned 68 cents per diluted share, up from an adjusted profit . Thanks to technology and our hardworking teams, its easier than ever to sell equipment from anywhere, which is a huge benefit for our customers.. , Canada, Wetaskiwin , SK , SK Cat C-12 Diesel Engine, 2001 US EPA Label, 31980 Engine hrs, Engine Brake, Eaton Fuller FRO-16210C Manual Transmission, 16000 lb Front Axle, 40000 lb Rears, 56000 lb GVWR, Air Ride Cab, Aluminum Wheels, 385/65R22.5 Front Tires, 11R24.5 Rear Tires, Rubber Suspension, 226 in Wheelbase, PTO, 0 ft 203 in Long x 0 ft 62 in High Steel Body, Round Bottom . 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. 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. Technology. See the equipment prices. , Canada, Langenburg $0.9 million loss on disposition of property, plant and equipment and related costs includes a $1.3 million non-cash cost in the quarter relating to the adjustment made to recognize the Bolton property sale proceeds at fair value when calculating the $169.0 million gain on the Bolton property in the first quarter of 2022, partially offset by $0.3 million gain on disposition of property, plant and equipment in the quarter.