100 Baggers book FUNDAMENTALS query....reading financials

rabbiek

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Hello
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.

Regards,
Rabbie :)
 
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