Ann: Investor Presentation, page-12

breakeven

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noun
break·even ˈbrāk-ˈē-vən

: the point at which cost and income are equal and there is neither profit nor loss
also : a financial result reflecting neither profit nor loss

https://www.merriam-webster.com/dic...n ˈbrāk-ˈē,reflecting neither profit nor loss

The break-even point (BEP) in economics, business—and specifically cost accounting—is the point at which total cost and total revenue are equal, i.e. "even". There is no net loss or gain, and one has "broken even", though opportunity costs have been paid and capital has received the risk-adjusted, expected return. In short, all costs that must be paid are paid, and there is neither profit nor loss.^[1][2] The break-even analysis was developed by Karl Bücher and Johann Friedrich Schär.

https://en.wikipedia.org/wiki/Break-even_(economics)