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"barely breaking even" is a correct and usable phrase in written English.
It is typically used to describe a situation where someone or something is just barely managing to make enough money or cover expenses. Example: Despite their hard work and dedication, the small business was barely breaking even each month.
Exact(29)
"We're barely breaking even".
"We were barely breaking even at 27p.
I'd say you're barely breaking even," Lisa Raymond says.
Having started out with rich margins, by 2006 they were barely breaking even.
A restaurant can be packed all the time and barely breaking even".
By 2006, First Quality had 28 employees and $5.5 million in revenue and was barely breaking even.
Similar(28)
The first year, they barely broke even.
Often, street papers barely break even.
With closing costs, he barely broke even.
The three friends and their fellow-laborers barely broke even.
The foreign business barely broke even in 2014.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com