I'm not sure how you can extrapolate that the business is close...

I'm not sure how you can extrapolate that the business is close to break even from the figures given.

Annualised unweighted pipeline is almost a pick a number exercise
Customers, orders and cross connects indicate higher revenues but no clue as to breakeven
Annualised contracted revenue, based on how i read it, is the future state revenue once all deferred commencement dates start which may not be for a year or two, even more depending on how the contracts are staged

I think they are kicking goals, but I'm skeptical that they're kicking goals quickly enough to support a valuation above $2 at this present time