100 Baggers book FUNDAMENTALS query....reading financials


Junior member
I have started to take steps to seek 100 Baggers (Christopher Mayer book), and he suggests one of the fundamentals is picking a stock that makes 20% profit. Would have be 20% gross or net? And also before or after tax?

As you may have heard of the saying "Gross is vanity, Net is sanity."

Thanks in advance for whoever replies.

Rabbie :)
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