having income exactly equal to expenditure, thus showing neither profit nor loss.

What does we breaking even mean?

having income exactly equal to expenditure, thus showing neither profit nor loss.

Is it good to break even?

Knowing the break-even point is helpful in deciding prices, setting sales budgets and preparing a business plan. The break-even point calculation is a useful tool to analyse critical profit drivers of your business including sales volume, average production costs and average sales price.