RB GLOBAL INC
For the period ended Sep 30, 2024. Filed Nov 8, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 8, 2024
RBA$96.15+0.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Income Statements
Condensed Consolidated Income Statements (Expressed in millions of U.S. dollars, except share and per share data)(Unaudited)
| Three months endedSeptember 30, | Nine months endedSeptember 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Revenue: | ||||
| Service revenue | $779.9 | $773.8 | $2,488.1 | $1,923.4 |
| Inventory sales revenue | 201.9 | 246.0 | 654.5 | 715.3 |
| Total revenue | 981.8 | 1,019.8 | 3,142.6 | 2,638.7 |
| Operating expenses: | ||||
| Costs of services | 339.7 | 316.8 | 1,041.5 | 680.5 |
| Cost of inventory sold | 193.5 | 230.0 | 612.8 | 673.4 |
| Selling, general and administrative | 177.8 | 203.5 | 584.5 | 546.2 |
| Acquisition-related and integration costs | 6.0 | 23.1 | 22.9 | 195.6 |
| Depreciation and amortization | 111.9 | 101.1 | 329.9 | 246.9 |
| Total operating expenses | 828.9 | 874.5 | 2,591.6 | 2,342.6 |
| Gain on disposition of property, plant and equipment | 0.5 | 0.5 | 3.2 | 4.4 |
| Operating income | 153.4 | 145.8 | 554.2 | 300.5 |
| Interest expense | (57.2) | (63.7) | (181.0) | (149.6) |
| Interest income | 6.9 | 4.5 | 20.3 | 15.8 |
| Other income (loss), net | (1.2) | 0.4 | (2.2) | 3.0 |
| Foreign exchange gain (loss) | 0.3 | (0.7) | (1.6) | (1.4) |
| Income before income taxes | 102.2 | 86.3 | 389.7 | 168.3 |
| Income tax expense | 26.2 | 23.1 | 95.3 | 46.5 |
| Net income | $76.0 | $63.2 | $294.4 | $121.8 |
| Net income (loss) attributable to: | ||||
| Controlling interests | $76.1 | $63.4 | $294.6 | $122.2 |
| Redeemable non-controlling interests | (0.1) | (0.2) | (0.2) | (0.4) |
| Net income | $76.0 | $63.2 | $294.4 | $121.8 |
| Net income attributable to controlling interests | 76.1 | 63.4 | 294.6 | 122.2 |
| Cumulative dividends on Series A Senior Preferred Shares | (6.7) | (6.7) | (20.1) | (17.6) |
| Allocated earnings to Series A Senior Preferred Shares | (2.5) | (2.0) | (9.8) | (5.5) |
| Net income available to common stockholders | $66.9 | $54.7 | $264.7 | $99.1 |
| Earnings per share available to common stockholders: | ||||
| Basic | $0.36 | $0.30 | $1.44 | $0.61 |
| Diluted | $0.36 | $0.30 | $1.43 | $0.61 |
| Weighted average number of shares outstanding: | ||||
| Basic | 184,304,993 | 182,148,717 | 183,752,510 | 161,724,677 |
| Diluted | 185,499,988 | 183,601,601 | 184,999,899 | 162,916,593 |
| RB Global, Inc. | 1 |
|---|
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