On a combined basis, we are about 35% Commissions to 65% Buyer Fees • Includes certain legal, finance, advisory and other costs related to acquisitions • It also includes integration costs, such as severance Note: Sectors include salvage and non-salvage transactions © 2023 RB Global, Inc. | All Rights Reserved 11 | --- | |------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | | Inventory revenue is impac ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number: 001-13425 RB Global, Inc. (Exact Name of Registrant as Specified in its Charter) Canada 98-0626225 (State or ot ...

Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) Q1 2023 Earnings Conference Call May 10, 2023 12:00 PM ET Company Participants Sameer Rathod - Vice President of Investor Relations and Market Intelligence Ann Fandozzi - Chief Executive Officer Eric Jacobs - Chief Financial Officer Conference Call Participants Sabahat Khan - RBC Capital Markets. Michael Doumet - Scotiabank Craig Kennison - R. W. Baird Michael Feniger - Bank of America Maxim Sytchev - National Bank Larry De Maria - William Blair Operator Goo ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number: 001-13425 Ritchie Bros. Auctioneers Incorporated (Exact Name of Registrant as Specified in its Charter) | Cana ...

Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) Q4 2022 Earnings Conference Call February 21, 2023 5:00 PM ET Company Representatives Ann Fandozzi - Chief Executive Officer Eric Jacobs - Chief Financial Officer Sameer Rathod - Vice President of Investor Relations and Market Intelligence Conference Call Participants Michael Doumet - Scotiabank Michael Feniger - Bank of America Larry De Maria - William Blair Gary Prestopino - Barrington Research Bryan Fast - Raymond James Operator Good morning. My name is M ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-13425 Ritchie Bros. Auctioneers Incorporated (Exact Name of Registrant as Specified in its Charter) | Canada | | 98-0626225 | ...

Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) Q3 2022 Results Conference Call November 7, 2022 8:00 AM ET Company Participants Sameer Rathod - VP, IR & Market Intelligence Ann Fandozzi - CEO Eric Jacobs - CFO John Kett - CEO, IAA Conference Call Participants John Healy - Northcoast Research Michael Doumet - Scotiabank Gary Prestopino - Barrington Research Michael Feniger - Bank of America Craig Kennison - R.W. Baird Sabahat Khan - RBC Capital Markets Carolina Jolly - Gabelli Bret Jordan - Jefferies Brya ...

IAA, Inc. (IAA) Q2 2022 Earnings Conference Call August 9, 2022 9:00 AM ET Company Participants Caitlin Churchill - Investor Relations John Kett - Chief Executive Officer and President Susan Healy - Chief Financial Officer Conference Call Participants Daniel Imbro - Stephens Bob Labick - CJS Securities Bret Jordan - Jefferies Gary Prestopino - Barrington Research Chris Bottiglieri - BNP Paribas Operator Good morning ladies and gentlemen. Thank you for attending today’s IAA Second Quarter Earnings Conferenc ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number: 001-13425 Ritchie Bros. Auctioneers Incorporated (Exact Name of Registrant as Specified in its Charter) | Canad ...

Financial Data and Key Metrics Changes - Consolidated revenues increased by 31.7% year-over-year to $557.6 million, including $47.7 million from the acquisition of SYNETIQ [44] - Organic consolidated revenue increased by 20.2% to $508.9 million, driven by a 15.1% increase in ARPU and a 4.4% volume increase [45] - Adjusted EBITDA increased by 12.5% to $149.8 million, with organic adjusted EBITDA growing by 7.4% [56] Business Line Data and Key Metrics Changes - Service revenue increased by 20.7%, while vehicle and parts sales surged by 94.3% [45] - Purchased vehicle and parts sales accounted for 22% of total revenue, up from 15% in the prior year [46] - IAA Transport tripled transaction volume compared to the first quarter of last year, with gross margin increasing by nearly 360 basis points [25] Market Data and Key Metrics Changes - The Manheim Index for used car prices was up approximately 25% year-over-year at the end of March 2022, with a slight decline of 1% in April compared to March [47] - The U.S. industry total loss ratio declined to 18% from 20.6% in the prior year [48] - The Canadian market showed a significant pickup in activity, although assignments remain below 2019 levels [17] Company Strategy and Development Direction - The company is focused on M&A and international expansion, with the integration of SYNETIQ progressing well [12][14] - A unique business model emphasizes maximizing financial value while minimizing environmental impact, particularly in the U.K. market [15] - Continued investment in digital marketplace capabilities and data analytics to enhance buyer and seller experiences [22][30] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the resiliency of the business despite economic challenges, citing historical performance during downturns [10][43] - The company expects revenue for 2022 to be in the range of $2.0 billion to $2.1 billion, with adjusted EBITDA between $535 million and $575 million [41][64] - Management highlighted the importance of customer relationships and the potential for growth in both U.S. and international markets [43] Other Important Information - The company has formed an operations committee to enhance overall performance following shareholder feedback [40][91] - The balance sheet remains strong, with total liquidity of approximately $535 million and a leverage ratio of 2.1x [60] Q&A Session Summary Question: Changes in business during economic downturns - Management noted that while recessions may affect miles driven, they do not lead to a significant drop in driving, which supports continued demand for services [71] Question: Impact of noncompete agreement with Car Global - Management confirmed that the noncompete agreement remains in place, but they see growth opportunities in the repossessed vehicle market [75] Question: Inflation and cost management strategies - Management discussed ongoing process improvements and automation efforts to mitigate inflationary pressures on costs [84] Question: Impact of Hurricane Ida on expenses - Management indicated that higher expenses related to Hurricane Ida affected gross margins, but the impact is expected to diminish moving forward [88] Question: Operations committee focus areas - The operations committee will address areas of operational underperformance identified through shareholder feedback [91] Question: Pricing power and buyer fee increases - Management explained that buyer fee increases are part of a strategy to manage rising costs and that they are exploring pricing flexibility due to a fragmented buyer base [92] Question: Mix of cars exported and geographic expansion - Management clarified that the exported vehicles are generally higher value, drivable, and rebuildable, rather than scrap metal [98] Question: Trends in towing and labor costs - Management noted that while towing costs have increased, they are implementing strategies to manage these costs effectively [100]