RB (US:RBA)2025-08-06 20:30Financial Performance - Service revenue increased by 3% due to higher Gross Transaction Value (GTV) and service revenue take rate[10] - Service revenue take rate expanded by 20 basis points, driven by a higher buyer fee rate structure[10] - Adjusted EBITDA increased from $342 million to $365 million[11] - Adjusted Earnings Per Share increased from $0.94 to $1.07[11] Gross Transaction Value (GTV) - Automotive sector achieved solid market share gains[6] - Overall GTV growth was observed in certain sectors, while others experienced declines[7] Strategic Initiatives - Announced a joint venture with LKQ Corporation in the U.K. to streamline the distribution of green parts[6] - Successfully closed the J M Wood Auction Co transaction[6] 2025 Outlook - GTV Growth is expected to be at the lower end of the 0% to 3% range[12] - Adjusted EBITDA is projected to be between $1340 million and $1370 million[12] - Full Year 2025 Tax Rate (GAAP and Adjusted) is forecasted at 24% to 27%[12] - Capital Expenditures are estimated to be between $350 million and $400 million[12]