Case Study: EGYM achieves audit-ready financial reporting with Ledgy

How EGYM stays audit-ready with Ledgy’s robust financial reporting

EGYM, a Munich-based fitness technology company, was preparing for IPO-readiness and needed to move from German GAAP to IFRS while improving equity and financial reporting. After managing employee equity in spreadsheets, the team looked for a dedicated platform and chose Ledgy for IFRS 2 reporting and employee communications.

With Ledgy, EGYM centralized its data, generated IFRS 2 expensing reports instantly from its assumptions, and passed an audit using Ledgy’s calculations. Ledgy became a key part of EGYM’s “fast-close” strategy, helping reduce manual reconciliation, meet reporting deadlines with lower risk, and save significant time compared with spreadsheets.

EGYM

Volker Adam

Senior Director of Finance