RBA:CC - Ritchie Bros Auctioneers Non-GAAP EPS of $0.53 beats by $0.15 revenue of $411.5M beats by $45.27M

• Ritchie Bros Auctioneers press release ( NYSE: RBA ): Q3 Non-GAAP EPS of $0.53 beats by $0.15 .
• Revenue of $411.5M (+24.8% Y/Y) beats by $45.27M .
• Adjusted EBITDA increased 12% year-over-year to $102.5M.
• Cash provided by operating activities was $263.9M for the nine months ended September 30, 2022.
• Gross transaction value increased 7% year-over-year to $1.4B or 10% year-over-year when excluding the impact of foreign exchange.
• Total number of organizations activated on the Business Inventory Management System increased by 42% as compared to the second quarter of 2022.
• Debt / net income was 2.1x for the twelve months ended September 30, 2022.
• Adjusted net debt/ adjusted EBITDA was 0.5x at and for the twelve months ended September 30, 2022.

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