** Shares of subscription services provider Straker Ltd

fall as much as 17.9% to A$0.390, their biggest intra-day pct drop since March 18

** Co expects FY25 revenue to come in range of A$43 mln ($27.91 mln) - A$45 mln vs A$50 mln reported in FY24

** Says expected drop in revenue is mainly due to the IDEST business in Europe, which has been affected by the non-renewal of two low-margin contracts

** Expects FY25 gross margin to remain at least as strong as the 63.8% reported in FY24

** Shares hit their lowest level since Oct. 24

** More than 6.7 mln shares change hands vs the 30-day average volume of ~5.8 mln shares

** Stock down 19.6% YTD, including current session's moves

($1 = 1.5406 Australian dollars)

(Reporting by Roushni Nair in Bengaluru)

((Roushni.Nair@thomsonreuters.com))