middle.news

Why Is Straker Losing Nike and What Comes Next?

1:42am on Monday 2nd of June, 2025 AEST Technology
Read Story

Why Is Straker Losing Nike and What Comes Next?

1:42am on Monday 2nd of June, 2025 AEST
Key Points
  • Nike contract accounts for 3.3% of Straker's FY25 revenue
  • Contract ends December 15, 2025, with no renewal
  • Expected FY26 revenue decline of NZ$0.48 million
  • Adjusted EBITDA to drop by NZ$0.29 million
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Straker (ASX:STG)
OPEN ARTICLE