RB Global Q1 2022 Earnings Report
Key Takeaways
Ritchie Bros. reported a strong first quarter in 2022, with total revenue increasing by 19% to $393.9 million and net income attributable to stockholders increasing by 532% to $178.1 million. The company's GTV also saw a 13% increase, reaching $1.4 billion.
Total revenue increased 19% to $393.9 million.
Net income attributable to stockholders increased 532% to $178.1 million.
GTV increased 13% to $1.4 billion.
Diluted EPS attributable to stockholders increased 540% to $1.60 per share.
RB Global
RB Global
Forward Guidance
This 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, including future auctions and estimated GTV thereof, and growth and value prospects and payment of dividends.