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Ritchie Bros. reported a 2% increase in total revenue to $396.4 million and a 15% increase in net income to $60.7 million compared to Q2 2020. The company's service revenue grew by 8%, while inventory sales revenue decreased by 7%. Total GTV increased by 2% to $1.5 billion.
Total revenue increased 2% to $396.4 million.
Service revenue increased 8% to $252.7 million.
Net income attributable to stockholders increased 15% to $60.7 million.
Total GTV increased 2% to $1.5 billion.
No specific forward guidance provided in this report.
Visualization of income flow from segment revenue to net income