Whether you're buying or selling equipment, it pays to have the latest equipment pricing information. , Canada, Notre Dame De Lourdes Adjusted EBITDA increased 21% driven by strong flow through on revenue growth of 22%, despite inflationary pressures on costs and higher costs relating to investments made for our growth initiatives. 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 Start selling today. 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. , Canada, Reston $8.4 million amortization of acquired intangible assets primarily from the acquisitions of Iron Planet, SmartEquip, and Rouse. , United States, Arran , Canada, North Battleford Other Ritchie Bros. Auctioneers offerings. (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. {0} must be a valid date of the format YYYY-MM-DD. 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15010 75-ton crawler crane US$550,000, 2016 Volvo A40G articulated dump truck US$237,500, Your email address will not be published. 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. Get Free Auction Results. , Canada, Wadena Ritchie Bros. - C I M Charity Auction, USA - Wednesday Jan 18, 2023. , SK Construction Equipment Guide 470 Maryland Drive Fort Washington, PA 19034 800-523-2200 , Canada, Edgeley {0} must be must be greater than 2 characters or be entered as "GD". Solid execution from the at-risk team drove a robust 10.9% inventory rate. , Canada, Gilbert Plains Total lots sold GlobalAuctionGuide.com 2001-2023 | Part of the Global Auction Guide Media 22,600+ bidders competing for 13,300+ items Last week we sold 13,300+ equipment items, trucks, and vehicles at our Premier Global. , Canada, Langbank $3.4 million of acquisition-related costs related to the proposed acquisition of Euro Auctions and the completed acquisitions of SmartEquip and Rouse. , AB Our Main Office. {0} can only contain letters, numbers, dash (-) and dot (.). (in U.S. dollars $millions, except percentages). , SK , Canada, Wakaw Inventory sales revenue increased 50% year-over-year to $171.3 million primarily due to a higher mix of GTV contracted via inventory deals. The presentation of this financial information, which is not prepared under any comprehensive set of accounting rules or principles, is not intended to be considered in isolation of, or as a substitute for, the financial information prepared and presented in accordance with US GAAP. $5.4 million share based payments expense. About Ritchie Bros. Auctioneers About Ritchie Bros. Careers Media Investors Blog Security Center. , United States, View Past , Canada, Killam Equipment highlights included 330+ truck tractors, 120+ excavators, 40+ dozers, 20+ cranes, as well as directional drilling equipment, hundreds of trailers, and more. US $17,000. Adjusting items for the year 400+ unreserved onsite auctions with online bidding. Solid execution from the at-risk team drove a robust 10.4% inventory rate. Category: All Categories. Email Auctioneer. 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. 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. $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. 2013 Altec AM900-E100 100 ft on 2014 International 7400 6x6 Bucket Truck, 2015 VOLVO VNL64670 6x4 Truck Tractor (T/A), 2016 GENIE GTH-5519 Telescopic Forklift, 2005 STERLING A9500 6x4 Truck Tractor (T/A), 2015 JOHN DEERE 35G Mini Excavator (1 - 4.9 Tons), 2013 FREIGHTLINER CASCADIA 125 6x4 Truck Tractor (T/A), 1999 GMC W4500 Schwarze on COE Street Sweeper, 2006 VOLVO VNL 6x4 Truck Tractor (T/A), 2009 INTERNATIONAL 8600 SBA 6x4 Truck Tractor (T/A), 2009 FREIGHTLINER CASCADIA 125 6x4 Truck Tractor (T/A), 2014 FREIGHTLINER CASCADIA 113 6x4 Truck Tractor (T/A), 1999 PETERBILT 379 6x4 Truck Tractor (T/A), 2017 FORD TRANSIT T-350 H 4x2 Utility Truck, 2016 FORD TRANSIT T-350HD 4x2 Utility Truck, 2006 STERLING 12x4 Super 18 Dump Truck (Quad/A), 2019 MACK GRANITE Truck Tractor (Tri/A), Unused 2022 AGROTK H12 (Unused) Mini Excavator (1 - 4.9 Tons), 2019 INTERNATIONAL LT625 6x4 Truck Tractor (T/A), 2015 FORD F-550 XLT 4x4 Crew Cab Service Truck, 2014 SKYJACK SJ6826 RT Dual Fuel Scissorlift, 2000 PETERBILT 378 6x4 Truck Tractor (T/A), 2016 PETERBILT 579 8x4 Truck Tractor (Tri/A), 2020 MACK GRANITE 10x4 Dump Truck (Quad/A), 2008 CAT 303.5C CR Mini Excavator (1 - 4.9 Tons), 2006 PETERBILT 379 10x4 Dump Truck (Quad/A), 2006 INTERNATIONAL 7700 Deluxe 12x4 Super 18 Dump Truck (Quad/A), 2008 BOBCAT 337G Mini Excavator (1 - 4.9 Tons), 2017 FREIGHTLINER CASCADIA 125 6x4 Truck Tractor (T/A), 2015 FREIGHTLINER CASCADIA 125 6x4 Truck Tractor (T/A), 2014 KENWORTH T370 4x2 Dump Truck (S/A), 2007 MACK CV713 10x4 Dump Truck (Quad/A), 2018 CAT 289D Two-Speed High Flow XPS Compact Track Loader, 2013 INTERNATIONAL 4400 4x2 Truck Tractor (S/A), 2016 FREIGHTLINER CASCADIA 125 6x4 Truck Tractor (T/A), 1997 PETERBILT 379 6x4 Truck Tractor (T/A), 2019 FREIGHTLINER CASCADIA 126 6x4 Truck Tractor (T/A), 2013 FORD F-350 XLT 4x4 Crew Cab Utility Truck, 2011 FORD F-450 Lariat 4x4 Crew Cab Flatbed Truck, 2015 FORD F-750 XLT 4x2 Rollback Truck, 2019 BOBCAT T650 Two-Speed Compact Track Loader, 2012 BOBCAT S650 Two-Speed Skid Steer Loader, 2015 FREIGHTLINER M2 106 4x2 Bed Truck. 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. Adjusted EBITDAThe Company believes adjusted EBITDA provides useful information about the growth or decline of its net income when compared between different financial periods. , Canada, Moosomin $1.1 million gain recognized on the sale of a property in Denver, Colorado. {0} can only contain letters and numbers. $9.1 million share based payments expense. *The information collected will be retained in accordance with our privacy statement. Examples of valid formats would be 000-0000 or 0000000. , Canada, Medford Gain on property, plant and equipment in Q1 2022 was $169.1 million due to a sale of property located in Bolton, Ontario. Inventory rate *The information collected will be retained in accordance with our privacy statement. , CA Ritchie Bros. is the world's largest auctioneer of heavy equipment and trucks. 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. Category: All Categories. $9.7 million loss on redemption of the 2021 Notes and certain related interest expense includes (a) $4.8 million of loss on redemption of the 2021 Notes due to a difference between the reacquisition price of the 2021 Notes and the net carrying amount of the extinguished debt (primarily the write off of the unamortized debt issuance costs), (b) $0.7 million of deferred debt issuance costs written off due to the expiry of the undrawn $205.0 million DDTL Facility in the quarter, and (c) non-recurring interest expense of $4.2 million incurred in the quarter relating to the 2021 Notes, which were redeemed as a result of the discontinued Euro Auctions acquisition in April 2022. $2.0 million of acquisition-related costs primarily relating to the share-based continuing employment costs for the acquisitions of Rouse and SmartEquip. , United Arab Emirates, Caorso Conference call and webcast details are available at the following link:https://investor.ritchiebros.com. 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). , Canada, Athabasca , AB IronPlanet is the leading marketplace for the buying and selling of used equipment. Fourth Quarter Financial and Business Metric Highlights1: Gross transaction value ("GTV") 1 increased 6% year-over-year to $1.5 billion or 9% year-over-year when excluding the impact of foreign exchange. Please see contact us Search, view and compare equipment selling prices for the past two years, including construction equipment, farm equipment and trucks when you get access to Ritchie Bros.' Auction Results. , Canada, Langenburg These adjustments in 2021 have been applied retrospectively to all periods presented, as applicable. 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. VANCOUVER - Ritchie Bros. Auctioneers Inc. reported its fourth-quarter profit and sales were up compared with a year earlier. Ritchie Bros. Auctioneers Equipment For Sale. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the 'unsubscribe' section below. This news release references non-GAAP measures. , MB , MB Toronto, February 28, 2023 -- Moody's Investors Service ("Moody's") has confirmed Ritchie Bros. Auctioneers Incorporated's ("RBA") Ba2 corporate family rating (CFR), its Ba2-PD probability of default rating, and its Ba3 senior unsecured rating on its existing notes due 2025, which will be withdrawn once repaid. As long as you're connected you can bid. Non-GAAP measures do not have a standardized meaning and are, therefore, unlikely to be comparable to similar measures presented by other companies. , NV A lot is defined as a single asset to be sold, or a group of assets bundled for sale as one unit. 2023-01-18 Rabu, 18 01 2023. $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. US$244+ million of equipment sold in our 2023 Premier Global Auction in Orlando, FL. , CO , AB At Ritchie Bros. Auctioneers, we promise to treat your data with respect and will not share your information with any third party. They have the best marketing, reach the most buyers, and will get you the most money for your equipment. Save my name, email, and website in this browser for the next time I comment. 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. 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. , SK , Canada, Fox Valley There can be no assurance that forward-looking statements will prove to be accurate, and actual results may differ materially from those expressed in, or implied by, these forward-looking statements.