Name | Value |
---|---|
Revenues | 1,069.7M |
Cost of Revenue | 670.6M |
Gross Profit | 399.0M |
Operating Expense | 202.2M |
Operating I/L | 196.8M |
Other Income/Expense | -56.7M |
Interest Income | 6.4M |
Pretax | 117.3M |
Income Tax Expense | 30.7M |
Net Income/Loss | 84.3M |
Ritchie Bros. Auctioneers Incorporated is a global asset management and disposition company that generates revenue by selling a wide range of used and unused commercial assets, including earthmoving equipment, truck tractors and trailers, government surplus, oil and gas equipment, and other industrial assets, through unreserved auctions, online marketplaces, listing services, and private brokerage services. The company also offers live auction events with online bidding, serving various sectors such as construction, transportation, agriculture, energy, oil and gas, mining, and forestry. With 40 auction sites worldwide, it provides customers with access to used equipment through live unreserved auctions.