diff --git a/src/formats.c b/src/formats.c
index 73dbc785..33241716 100644
--- a/src/formats.c
+++ b/src/formats.c
@@ -70,6 +70,7 @@ static const char* extension_list[] = {
     "ao",
     "ap",
     "apc",
+    "apm",
     "as4",
     "asbin",
     "asd",
@@ -1286,6 +1287,7 @@ static const meta_info meta_info_list[] = {
         {meta_OPUS,                 "Nintendo Switch OPUS header"},
         {meta_PC_AST,               "Capcom AST (PC) header"},
         {meta_UBI_SB,               "Ubisoft SBx header"},
+        {meta_UBI_APM,              "Ubisoft APM header"},
         {meta_NAAC,                 "Namco NAAC header"},
         {meta_EZW,                  "EZ2DJ EZWAVE header"},
         {meta_VXN,                  "Gameloft VXN header"},
diff --git a/src/libvgmstream.vcxproj b/src/libvgmstream.vcxproj
index 24d30628..7089e3cf 100644
--- a/src/libvgmstream.vcxproj
+++ b/src/libvgmstream.vcxproj
@@ -720,6 +720,7 @@
     <ClCompile Include="meta\txtp.c" />
     <ClCompile Include="meta\txtp_parser.c" />
     <ClCompile Include="meta\txtp_process.c" />
+    <ClCompile Include="meta\ubi_apm.c" />
     <ClCompile Include="meta\ubi_bao.c" />
     <ClCompile Include="meta\ubi_ckd.c" />
     <ClCompile Include="meta\ubi_ckd_cwav.c" />
diff --git a/src/libvgmstream.vcxproj.filters b/src/libvgmstream.vcxproj.filters
index f5e95d0a..2ccbc970 100644
--- a/src/libvgmstream.vcxproj.filters
+++ b/src/libvgmstream.vcxproj.filters
@@ -1990,6 +1990,9 @@
     <ClCompile Include="meta\txtp_process.c">
       <Filter>meta\Source Files</Filter>
     </ClCompile>
+    <ClCompile Include="meta\ubi_apm.c">
+      <Filter>meta\Source Files</Filter>
+    </ClCompile>
     <ClCompile Include="meta\ubi_bao.c">
       <Filter>meta\Source Files</Filter>
     </ClCompile>
diff --git a/src/meta/meta.h b/src/meta/meta.h
index 9557ed47..14467bea 100644
--- a/src/meta/meta.h
+++ b/src/meta/meta.h
@@ -634,6 +634,7 @@ VGMSTREAM * init_vgmstream_ubi_dat(STREAMFILE * streamFile);
 VGMSTREAM * init_vgmstream_ubi_bnm(STREAMFILE * streamFile);
 VGMSTREAM * init_vgmstream_ubi_bnm_ps2(STREAMFILE * streamFile);
 VGMSTREAM * init_vgmstream_ubi_blk(STREAMFILE * streamFile);
+VGMSTREAM * init_vgmstream_ubi_apm(STREAMFILE * streamFile);
 
 VGMSTREAM * init_vgmstream_ezw(STREAMFILE * streamFile);
 
diff --git a/src/meta/ubi_apm.c b/src/meta/ubi_apm.c
new file mode 100644
index 00000000..a0967da6
--- /dev/null
+++ b/src/meta/ubi_apm.c
@@ -0,0 +1,85 @@
+#include "meta.h"
+#include "../coding/coding.h"
+
+/* .APM - seen in old Ubisoft games [Rayman 2: The Great Escape (PC), Donald Duck: Goin' Quackers (PC)] */
+VGMSTREAM* init_vgmstream_ubi_apm(STREAMFILE* sf) {
+  VGMSTREAM* vgmstream = NULL;
+  uint32_t channels, sample_rate, file_size, nibble_size;
+  off_t start_offset;
+  int loop_flag;
+  uint32_t i;
+
+  if (read_u16le(0x00, sf) != 0x2000 || !is_id32be(0x14, sf, "vs12"))
+    goto fail;
+
+  if (!check_extensions(sf, "apm"))
+    goto fail;
+
+  /* (info from https://github.com/Synthesis/ray2get)
+   * 0x00(2): format tag (0x2000 for Ubisoft ADPCM)
+   * 0x02(2): channels
+   * 0x04(4): sample rate
+   * 0x08(4): byte rate? PCM samples?
+   * 0x0C(2): block align
+   * 0x0E(2): bits per sample
+   * 0x10(4): header size
+   * 0x14(4): "vs12"
+   * 0x18(4): file size
+   * 0x1C(4): nibble size
+   * 0x20(4): -1?
+   * 0x24(4): 0?
+   * 0x28(4): high/low nibble flag (when loaded in memory)
+   * 0x2C(N): ADPCM info per channel, last to first
+   * - 0x00(4): ADPCM hist
+   * - 0x04(4): ADPCM step index
+   * - 0x08(4): copy of ADPCM data (after interleave, ex. R from data + 0x01)
+   * 0x60(4): "DATA"
+   * 0x64(N): ADPCM data
+   */
+
+  channels = read_u16le(0x02, sf);
+  sample_rate = read_u32le(0x04, sf);
+  file_size = read_u32le(0x18, sf);
+  nibble_size = read_u32le(0x1c, sf);
+
+  start_offset = 0x64;
+
+  if (file_size != get_streamfile_size(sf))
+    goto fail;
+
+  if (nibble_size > (file_size - start_offset))
+    goto fail;
+
+  if (!is_id32be(0x60, sf, "DATA"))
+    goto fail;
+
+  loop_flag = 0;
+
+  /* build the VGMSTREAM */
+  vgmstream = allocate_vgmstream(channels, loop_flag);
+  if (!vgmstream) goto fail;
+
+  vgmstream->meta_type = meta_UBI_APM;
+  vgmstream->coding_type = coding_DVI_IMA_int;
+  vgmstream->layout_type = layout_interleave;
+  vgmstream->interleave_block_size = 0x01;
+  vgmstream->sample_rate = sample_rate;
+  vgmstream->num_samples = ima_bytes_to_samples(file_size - start_offset, channels);
+
+  /* read initial hist (last to first) */
+  for (i = 0; i < channels; i++) {
+    vgmstream->ch[i].adpcm_history1_32 = read_s32le(0x2c + 0x0c * (channels - 1 - i) + 0x00, sf);
+    vgmstream->ch[i].adpcm_step_index = read_s32le(0x2c + 0x0c * (channels - 1 - i) + 0x04, sf);
+  }
+  //todo supposedly APM IMA removes lower 3b after assigning step, but wave looks a bit off (Rayman 2 only?):
+  // ...; step = adpcm_table[step_index]; delta = (step >> 3); step &= (~7); ...
+
+  if (!vgmstream_open_stream(vgmstream, sf, start_offset))
+    goto fail;
+
+  return vgmstream;
+
+fail:
+  close_vgmstream(vgmstream);
+  return NULL;
+}
diff --git a/src/meta/ubi_sb.c b/src/meta/ubi_sb.c
index 49be6016..efa5aba3 100644
--- a/src/meta/ubi_sb.c
+++ b/src/meta/ubi_sb.c
@@ -1196,27 +1196,7 @@ static VGMSTREAM* init_vgmstream_ubi_sb_base(ubi_sb_header* sb, STREAMFILE* sf_h
 
         case FMT_APM:
             /* APM is a full format though most fields are repeated from .bnm
-             * (info from https://github.com/Synthesis/ray2get)
-             * 0x00(2): format tag (0x2000 for Ubisoft ADPCM)
-             * 0x02(2): channels
-             * 0x04(4): sample rate
-             * 0x08(4): byte rate? PCM samples?
-             * 0x0C(2): block align
-             * 0x0E(2): bits per sample
-             * 0x10(4): header size
-             * 0x14(4): "vs12"
-             * 0x18(4): file size
-             * 0x1C(4): nibble size
-             * 0x20(4): -1?
-             * 0x24(4): 0?
-             * 0x28(4): high/low nibble flag (when loaded in memory)
-             * 0x2C(N): ADPCM info per channel, last to first
-             * - 0x00(4): ADPCM hist
-             * - 0x04(4): ADPCM step index
-             * - 0x08(4): copy of ADPCM data (after interleave, ex. R from data + 0x01)
-             * 0x60(4): "DATA"
-             * 0x64(N): ADPCM data
-             */
+             * see ubi_apm.c for documentation */
 
             vgmstream->coding_type = coding_DVI_IMA_int;
             vgmstream->layout_type = layout_interleave;
diff --git a/src/vgmstream_init.c b/src/vgmstream_init.c
index ff807d6c..e8c4a5ab 100644
--- a/src/vgmstream_init.c
+++ b/src/vgmstream_init.c
@@ -290,6 +290,7 @@ init_vgmstream_t init_vgmstream_functions[] = {
     init_vgmstream_ubi_bnm_ps2,
     init_vgmstream_ubi_dat,
     init_vgmstream_ubi_blk,
+    init_vgmstream_ubi_apm,
     init_vgmstream_ezw,
     init_vgmstream_vxn,
     init_vgmstream_ea_snr_sns,
diff --git a/src/vgmstream_types.h b/src/vgmstream_types.h
index 5dde8ee6..eeb21c14 100644
--- a/src/vgmstream_types.h
+++ b/src/vgmstream_types.h
@@ -548,6 +548,7 @@ typedef enum {
     meta_PC_AST,            /* Dead Rising (PC) */
     meta_NAAC,              /* Namco AAC (3DS) */
     meta_UBI_SB,            /* Ubisoft banks */
+    meta_UBI_APM,           /* Ubisoft APM */
     meta_EZW,               /* EZ2DJ (Arcade) EZWAV */
     meta_VXN,               /* Gameloft mobile games */
     meta_EA_SNR_SNS,        /* Electronic Arts SNR+SNS (Burnout Paradise) */