RB Global Inc T.RBA

Alternate Symbol(s): RBA

Industrials

RB Global, Inc. is an omnichannel marketplace that provides value-added insights, services and transaction solutions for buyers and sellers of commercial assets and vehicles worldwide. Through its omnichannel platform, the Company facilitates transactions for customers in primarily the automotive, construction, and commercial transportation sectors. It also serves customers in the agriculture, energy, and natural resources sectors, as well as government entities. Its customers primarily include automotive insurance companies, as well as end users, dealers, fleet owners, and original equipment manufacturers (OEMs) of commercial assets and vehicles. The Company also provides its customers value-added marketplace services, technology solutions for vehicle merchandising, platforms for lifecycle management of assets, and a market data intelligence platform to help customers make more informed business decisions. The Company operates in the United States, Canada and across Europe.

TSX:RBA - Post by User

RB Global Inc > RBA makes money during upheavals

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Comment by Abruzz0on May 10, 2022 5:33pm

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RE:RBA makes money during upheavals

Nicely summarized, Cleareye.

The Q1 results reflect your analysis very well, especially when we compare it to the pre-COVID years.

The >10% gain today is warrantied because the economic turmoil is far from over.

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