PANews reported on August 25th that Pudgy Penguins CEO Luca Netz stated in an interview that Pudgy Penguins is on track to hit a record $50 million in revenue this year and hopes to see its stock trade on a public exchange by 2027. He added that the specific timeline for the IPO depends on Pudgy's revenue growth. "If we don't go public within the next two years, I'll be very disappointed in myself," he said.