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$OPEN just hit 658 contracts. New all-time high under Kaz. LETS GO! 8-week trend: 537 → 449 → 442 → 390 → 447 → 610 → 545 → 658 The numbers: → 8-week avg: 510/week → +448% since Kaz started (Sept: 120) → New floor: ~530 (was 390) → New ceiling: 658 (was 537) The range keeps moving UP. And this is BEFORE: → Mortgage product scales → Doma integration kicks in → Q2 EBITDA profitability hits Now the math. If $OPEN sustains ~660 homes/week at 7% contribution margin: → 8,580 homes/quarter → $3.4B revenue → $240M contribution profit → $106M net income/quarter (after everything) → $423M net income/year → $0.42 EPS → $19.1 (45x P/E) | $31.8 (75x P/E) Net income positive. At current volume. At guided margins. The stock is $4.75. Kaz is executing. Weekly. Publicly. In real-time. The re-rate isn't coming. It's already started.

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