Discontinued — last reported Q4 '22
Financing Fees — Revenue
RB Global Financing Fees — Revenue remained flat by 0.0% to $17.22M in Q4 2022 compared to the prior quarter. Year-over-year, this metric grew by 46.5%, from $11.75M to $17.22M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests higher buyer demand for credit-assisted purchases or an expansion of the company's financing program, while a decrease may indicate tighter credit standards or reduced buyer appetite for financed acquisitions.
Detailed definition
This metric represents the revenue generated from providing financing solutions and credit services to customers purchas...
Peer comparison
Comparable to financial services revenue or captive finance income reported by industrial equipment dealers and auction platforms that offer integrated lending solutions.
rba_segment_financing_fees_revenuesHistorical Data
| FY'21 | FY'22 | |
|---|---|---|
| Value | $46.99M | $68.86M |
| YoY Change | — | +46.5% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is RB Global's financing fees — revenue?
- RB Global (RBA) reported financing fees — revenue of $17.22M in Q4 2022.
- How has RB Global's financing fees — revenue changed year-over-year?
- RB Global's financing fees — revenue increased by 46.5% year-over-year, from $11.75M to $17.22M.
- What does financing fees — revenue mean?
- Revenue earned from providing financing and credit services to customers purchasing equipment through the company's marketplaces.