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Ritchie Bros Auctioneers Inco

Ritchie Bros Auctioneers (RBA) is a publicly-traded company that operates primarily in the business of conducting live and online auctions of industrial equipment, trucks, and other assets. The company's headquarters are located in Burnaby, British Columbia, Canada, but its stock is listed and traded on the New York Stock Exchange (NYSE) under the ticker symbol "RBA".

In terms of financials, here are some key points about Ritchie Bros Auctioneers:

* For the full year 2021, the company reported revenue of $1.71 billion, up 47% from $1.16 billion in 2020.

* Net income for 2021 was $202.5 million, or $2.54 per share, compared to $81.6 million, or $1.02 per share, in 2020.

* Gross auction proceeds, which is a key metric for the company, increased 46% to $5.85 billion in 2021 from $4.01 billion in 2020.

In terms of growth, Ritchie Bros Auctioneers has been able to capitalize on several trends in recent years, including the increasing demand for used industrial equipment and the shift toward online auctions. The company has also expanded its offerings to include services such as equipment inspections, financing, and transportation.

Looking ahead, Ritchie Bros Auctioneers is well-positioned to continue growing, as the demand for used equipment is expected to remain strong and the shift toward online auctions is likely to continue. The company is also focusing on expanding its presence in key international markets, such as Europe and Asia.

Overall, Ritchie Bros Auctioneers has a solid track record of financial performance and growth, and it is well-positioned to continue delivering value to shareholders in the future.