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Jun 30, 2021
RB Global Q2 2021 Earnings Report
Net income and revenue increased year-over-year, driven by growth in service revenue and GTV.
Key Takeaways
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.
RB Global
RB Global
Forward Guidance
No specific forward guidance provided in this report.