RBA — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-05-04

• This discussion and analysis should be read in conjunction with the “Cautionary Note Regarding Forward-Looking Statements”, the condensed consolidated financial statements and notes thereto included in Part I, Item 1. Financial Statements of this Quarterly Report on Form 10-Q, and the audited consol…

• In the accompanying analysis of financial information, we sometimes refer to non-GAAP measures. Refer to the Non-GAAP Measures section of this discussion and analysis for the definitions of, and reasons we use, these non-GAAP measures and the reconciliations to their most directly comparable GAAP me…

• For a complete overview of our business, refer to Part I, Item 1: Business of our Annual Report on Form 10-K for the year ended December 31, 2025.

• The sectors discussed below are organized by asset class and include Automotive, Commercial, Construction and Transportation (“CC&T”), and Other. Automotive includes automobiles, including passenger vehicles and buses. CC&T includes equipment needed for earth moving, lift and material handling, as w…

• Total lots sold: A single asset to be sold or a group of assets bundled for sale as one unit.

Text removed vs the prior filing · source: 10-Q · 2025-11-06

• Forward-looking statements may appear throughout this Quarterly Report on Form 10-Q, including the following section “Management’s Discussion and Analysis of Financial Condition and Results of Operations.” Forward-looking statements are typically identified by such words as “aim”, “anticipate”, “bel…

• •our future strategy, objectives, targets, projections and performance;

• •our ability to integrate acquisitions, including the recently acquired J.M. Wood Auction Co., Inc. ("J.M. Wood");

• •the impact of our new initiatives, services, investments, and acquisitions on us and our customers;

• •our future capital expenditures and returns on those expenditures;

Text added vs the prior filing · source: 10-Q · 2026-05-04

• There were no changes in the Company's internal control over financial reporting during the first quarter of 2026 that have materially affected, or are reasonably likely to materially affect the Company's internal control over financial reporting.

Text removed vs the prior filing · source: 10-Q · 2025-11-06

• During the third quarter of 2025, the Company continued its implementation of a new digital payment platform (“DPP”) within the Ritchie Bros. business in the United States. The DPP system replaces certain legacy payment systems and is being deployed in stages across regions. Implementation of the DP…

• Except as described above, there were no other material changes to our internal control over financial reporting during the third quarter of 2025 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

Text removed vs the prior filing · source: 10-Q · 2025-11-06

• •Darren Watt, our Chief Legal Officer, adopted a new Rule 10b5-1 trading arrangement on August 11, 2025, which is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) and scheduled to terminate on or before August 10, 2026. Under the trading arrangement, up to an aggregate of app…

• •James Kessler, our Chief Executive Officer, adopted a new Rule 10b5-1 trading arrangement on August 11, 2025, which is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) and scheduled to terminate on or before August 10, 2026. Under the trading arrangement, up to an aggregate …