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is not in a rush to go public. According to issued by the company today, the San Francisco-based travel company said 鈥渋t expects to become a publicly-traded company during 2020.鈥�

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It didn鈥檛 provide further details so we reached out in an attempt to find out more. An Airbnb representative told Crunchbase News that the company didn’t have anything to add to today’s announcement.

Since its founding in 2008, Airbnb has raised , according to its Crunchbase profile. This includes venture funding and debt financing. The company also engaged in a number of secondary market transactions, but the amount of money exchanged in those deals was not disclosed.

The company鈥檚 last known private market valuation, from its , was approximately $30.5 billion.

Backers include , , , and (a16z), among others.

It鈥檚 also on an acquisition spree with to date, according to Crunchbase. Most recently, in August, it picked up , which gives people a way to find serviced apartments when traveling for work, for an undisclosed amount.

The company gave a peek into its finances on Wednesday, saying in a statement that it had more than $1 billion in revenue in the second quarter of 2019, . It鈥檚 the second time Airbnb has surpassed that level of revenue in its history.

A slew of tech companies have gone public this year, though with mixed results. Highly-anticipated IPOs like Uber and Lyft didn鈥檛 live up to the hype once they started trading on the public markets.

However, Airbnb is in a decidedly different position than other highly-valued, massively-capitalized tech companies eyeing public market debuts. Unlike the aforementioned ride-hailing giants, and real estate management firm The We Company, Airbnb has managed to turn a profit. In fact, 2018 marked the second year in a row in which Airbnb turned a profit, on an EBITDA basis.

Clearly, Airbnb is growing at a rapid clip. Last month, people familiar with Airbnb鈥檚 financials that the company was growing revenues by over 30 percent, through Q1 2019. Multiple people told the Journal that, again as of Q1, the company had 鈥渁bout $3.5 billion鈥� in cash on its balance sheet.

According to its , Airbnb is home to more than 7 million listings in more than 100,000 cities in over 191 countries.

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