secwatch.observer — SEC 8-K summary
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Issuer:     RB GLOBAL INC. (RBA)
CIK:        0001046102
Form:       8-K
Filed at:   2023-05-10T23:59:59+00:00
Accession:  0001558370-23-009088
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ritchie Bros Q1 2023: revenue $512M, adj EPS $0.57; IAA integration progressing
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- GTV $1.9B (+32% YoY) on $314.8M from IAA (11 days post-close); organic GTV up 10%.
- Net loss $28.2M vs profit year ago; diluted EPS loss $0.28; adjusted EPS $0.57 (+24%).
- Service revenue $343.6M (+40%) with 18.1% take rate (+110 bps); inventory sales $168.8M.
- Declared $0.27/share quarterly dividend, payable June 20 to holders of record May 30.
- Pro forma combined Q1 2023 GTV $3.7B; adjusted net debt/EBITDA 5.4x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1046102/000155837023009088/0001558370-23-009088-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1046102/000155837023009088/rba-20230510x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-009088

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer